Form 4: Nordstrom Sells DDD Shares for Tax Withholding
Statement of Changes in Beneficial Ownership
Phyllis B. Nordstrom, EVP, CFO and CAO of 3D Systems Corp, reported a disposition of 14,521 common shares on April 1, 2026, to cover tax withholding obligations.
Summary
- Phyllis B. Nordstrom, Executive Vice President, Chief Financial Officer, and Chief Administrative Officer of 3D Systems Corp, reported a transaction on April 1, 2026.
- The transaction involved the disposition of 14,521 shares of common stock.
- These shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock granted on April 1, 2025.
- The price per share for this transaction was $1.87.
- Following this transaction, Ms. Nordstrom beneficially owns 794,893 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the share disposition is for tax withholding purposes related to a prior stock grant and not an indication of a change in beneficial ownership sentiment.
Negatives
- Disposition of 14,521 shares of common stock by a key executive.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it is a statement of changes in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholding, are common events for executives upon the vesting of restricted stock. This type of transaction is generally not indicative of a change in the executive's long-term view of the company's prospects.
Stakeholder Impact
- Shareholders: No direct impact on the number of shares outstanding or the company's financial health. The transaction is an internal settlement of tax obligations.
- Employees: Indirect impact as it relates to executive compensation and tax management.
- Management: Standard procedure for managing tax liabilities associated with equity compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of original grant of restricted stock. |
| 04/01/2026 | Transaction date for the disposition of shares to cover tax withholding. |
| 04/03/2026 | Date the statement was signed. |
Keywords
3D Systems Corp, DDD, Form 4, Phyllis B. Nordstrom, Insider Transaction, Tax Withholding, Stock Disposition, Executive Compensation
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