Form 4: Nordson Corp Executive Jennifer L. McDonough Reports Stock Transactions
SEC Form 4
EVP, GC, and Secretary of Nordson Corp, Jennifer L. McDonough, reports disposition of shares to cover tax obligations and sales under a pre-arranged trading plan.
Summary
- On November 8, 2024, Jennifer L. McDonough, EVP, GC, and Secretary of Nordson Corp, disposed of 195 shares of NDSN at $261.44 per share to cover withholding taxes due upon vesting of restricted share units.
- On November 11, 2024, McDonough sold 225 shares of NDSN at $262.27 per share under a Rule 10b5-1 trading plan.
- Following these transactions, McDonough directly owns 3,287 shares of Nordson Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are routine sales by an executive.
Key Dates
| Date | Description |
|---|---|
| 11/08/2021 | Company awarded 1,258 restricted share units vesting in 1/3 increments over 3 years. |
| 07/08/2024 | Participant adopted a Rule 10b5-1 Trading Plan. |
| 11/08/2024 | Disposition of 195 shares to cover withholding taxes. |
| 11/11/2024 | Sale of 225 shares under Rule 10b5-1 Trading Plan. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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