Form 4: Nordson Corp Director Christopher L. Mapes Reports Acquisition of Stock Equivalent Units
SEC Form 4 Filing
Director Christopher L. Mapes reports acquisition of 89 Nordson Corp stock equivalent units at $250.33 each on July 31, 2024.
Summary
- On July 31, 2024, Christopher L. Mapes, a director of Nordson Corp, acquired 89 stock equivalent units.
- The price per unit was $250.33.
- Following the transaction, Mapes directly owns 704 Nordson Corp securities.
- These stock equivalent units were accrued through Nordson's Directors' Deferred Compensation Plan and convert to common shares on a one-for-one basis at the time of distribution.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Christopher L. Mapes acquired 89 stock equivalent units. |
| 08/02/2024 | Date of signature on the report by Jennifer L. McDonough on behalf of Christopher L. Mapes. |
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