Form 4: Nordson Corp Executive Vice President Reports Share Transactions

Executive Vice President Srinivas Subramanian of Nordson Corp reports the acquisition and disposal of company shares related to a performance share unit award.

Summary

• Srinivas Subramanian, an Executive Vice President at Nordson Corp, reported transactions involving the company's stock.
• On January 6, 2025, Mr. Subramanian acquired 581 shares of Nordson stock at a price of $206.96 per share as part of a performance share unit award.
• Also on January 6, 2025, 175 shares were disposed of at the same price to cover withholding taxes related to the award.
• Following these transactions, Mr. Subramanian directly owns 6,389 shares and indirectly owns 1,567 shares through the Company Savings Plan.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and does not indicate any unusual or concerning activity. The transactions are routine and expected.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• The use of performance share units is a common practice in executive compensation packages across various industries.
• The tax withholding process is standard for equity-based compensation.

Stakeholder Impact

• The transactions have a minor impact on the total outstanding shares of Nordson Corp.

Key Dates

Keywords

Nordson Corp, insider trading, share transactions, performance share unit, executive compensation, stock ownership, NDSN