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 132 Nordson Corp stock equivalent units through deferred compensation.
Summary
- On April 30, 2025, Christopher L. Mapes, a director of Nordson Corp, acquired 132 stock equivalent units (NDSN) at a price of $189.57 per unit.
- The acquisition was made through the company's Directors' Deferred Compensation Sub-Plan, where the director elected to defer his quarterly cash retainer payment into stock equivalent units.
- Following the transaction, Mapes beneficially owns 1,806 NDSN securities.
- This total includes 4 stock equivalent units accrued from dividend payments and 3 restricted share units accrued from dividend payments pursuant to the Company's Stock Incentive and Award Plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects a director's continued investment in the company through a standard deferred compensation plan.
Positives
- The director's participation in the deferred compensation plan demonstrates confidence in the company's future performance.
Industry Context
Directors' participation in deferred compensation plans is a common practice, aligning their interests with those of shareholders.
Stakeholder Impact
- The transaction signals to shareholders that the director has confidence in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Christopher L. Mapes acquired 132 stock equivalent units. |
| 05/01/2025 | Date of report: Jennifer L. McDonough signed the report on behalf of Christopher L. Mapes. |
Keywords
Nordson Corp, Director, Stock Equivalent Units, Deferred Compensation, NDSN, Beneficial Ownership, Form 4
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