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    NAPCO Security Technologies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

    11/4/24 3:46:32 PM ET
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    Get the next $NSSC alert in real time by email
    0000069633false00000696332024-11-012024-11-01

    ​

    ​

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    ​

    FORM 8-K

    ​

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the

    Securities Exchange Act of 1934

    ​

    Date of Report (Date of earliest event reported)

    November 1, 2024

    ​

    NAPCO SECURITY TECHNOLOGIES, INC.

    (Exact name of registrant as specified in charter)

    ​

    Delaware

        

    0-10004

        

    11-2277818

    (State or other jurisdiction of

     

    (Commission File Number)

     

    (IRS Employer Identification No.)

    incorporation)

    ​

    ​

    ​

    ​

    ​

    333 Bayview Avenue, Amityville, New York 11701

    (Address of principal executive offices)

    ​

    Registrant’s telephone number, including area code (631) 842-9400

    ​

    (Former name and former address if changed from last report)

    ​

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

    ​

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ​

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ​

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ​

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    ​

    Securities registered pursuant to Section 12(b) of the Act:

    ​

    Title of each class

        

    Trading Symbol(s)

        

    Name of each exchange on which registered

    Common Stock, par value $0.01 per share

    NSSC

    Nasdaq Stock Market

    ​

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (section 240.12b-2 of this chapter).

    ​

    Emerging growth company ☐

    ​

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

    ​

    ​

    ​

    ​

    Item 2.02.    RESULTS OF OPERATIONS AND FINANCIAL CONDITION

    On November 4, 2024, the registrant issued a press release to report results for the three months ended September 30, 2024. This press release is furnished as Exhibit 99.1.

    The information in this Current Report on Form 8-K, including the exhibit attached hereto, is furnished pursuant to Item 2.02, and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section.

    Item 7.01.    REGULATION FD DISCLOSURE

    On November 1, 2024, the Company’s Board of Directors declared a cash dividend of $.125 per share payable on January 3, 2025, to stockholders of record on December 12, 2024. Information regarding this declaration is included in the press release furnished as Exhibit 99.1.

    Item 8.01. OTHER EVENTS

    On November 1, 2024, the Company’s Board of Directors authorized the Company to repurchase up to 1,000,000 shares of its common stock in addition to the prior authorized repurchases.

    Item 9.01.    FINANCIAL STATEMENTS AND EXHIBITS

    (d) Exhibits:

    ​

    ​

    ​

    ​

    99.1

       

    Press Release issued by Napco Security Technologies, Inc. dated November 4, 2024.

    10 4

    ​

    Cover Page Interactive Data File (formatted as Inline XBRL).

    ​

    ​

    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunder duly authorized.

    ​

     

    NAPCO SECURITY TECHNOLOGIES, INC.

     

    (Registrant)

     

     

     

     

    Date: November 4, 2024

    By:

    /s/ Kevin S. Buchel

     

     

    Kevin S. Buchel

     

     

    President, Chief Operating Officer & Chief Financial Officer

    ​

    ​

    Get the next $NSSC alert in real time by email

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