Form 4: Nordson Corp Director Ginger M. Jones Reports Acquisition of Restricted Share Units
SEC Form 4 Filing
Director Ginger M. Jones reports acquisition of 747 restricted share units of Nordson Corp on November 1, 2024, as part of an annual grant to non-employee directors.
Summary
- On November 1, 2024, Ginger M. Jones, a director of Nordson Corp, acquired 747 restricted share units (RSUs) as part of an annual grant to non-employee directors.
- The RSUs vest in their entirety on October 31, 2025.
- The acquisition was made at a price of $249.03 per share.
- Following the transaction, Jones beneficially owns 5,391 shares of Nordson Corp.
- The total holdings include 33 Stock Equivalent Units accrued from dividend payments through participation in the Company's Directors' Deferred Compensation Sub-Plan and 9 Restricted Share Units accrued from dividend payments pursuant to the Company's Stock Incentive and Award Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating standard compensation practices. The acquisition of shares by a director is generally viewed positively, but it's not a major event.
Positives
- The acquisition of restricted share units by a director signals confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Ginger M. Jones acquired 747 restricted share units. |
| 11/04/2024 | Date of filing: Form 4 filing date. |
| 10/31/2025 | Vesting date: Restricted share units vest in their entirety. |
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