Form 4: Nordson Corp Executive Sarah Siddiqui Reports Stock Transaction
SEC Form 4
EVP and CHRO of Nordson Corp, Sarah Siddiqui, reports the disposal of 31 shares to cover withholding taxes upon vesting of restricted stock units.
Summary
- On February 28, 2025, Sarah Siddiqui, EVP and CHRO of Nordson Corp, reported a transaction involving Nordson Corp (NDSN) stock.
- The transaction involved the disposal of 31 shares at a price of $210.29 per share to cover withholding taxes due upon the vesting of restricted share units.
- Following the transaction, Siddiqui directly owns 3,975 shares of Nordson Corp.
- The shares were related to restricted share units awarded on March 1, 2023, which vest in 1/3 increments over a 3-year period.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to vested equity compensation.
Key Dates
| Date | Description |
|---|---|
| 2023-03-01 | Company awarded 311 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. |
| 2025-02-28 | Date of transaction where 31 shares were disposed of to cover withholding taxes. |
| 2025-03-03 | Date of signature for the Form 4 filing. |
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