Form 4: Nordson Corp Executive Vice President Reports Stock Transactions
SEC Form 4 Filing
Srinivas Subramanian, an Executive Vice President at Nordson Corp, reported the acquisition and disposal of company stock, including shares withheld for taxes and those held in the Company Savings Plan.
Summary
- On August 5, 2024, Srinivas Subramanian, an Executive Vice President of Nordson Corp, filed a Form 4 with the SEC.
- The report details changes in beneficial ownership of Nordson Corp stock.
- On August 1, 2024, 10 shares were disposed of to cover withholding taxes at a price of $243.34.
- Subramanian directly owns 4,555 shares of Nordson Corp.
- Subramanian indirectly owns 1,507 shares through the Company Savings Plan.
- The shares in the Company Savings Plan are exempt pursuant to Rule 16b-3(c).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/01/2022 | Company awarded ninety-five (95) restricted share units under the Company's stock plan vesting in one-third (1/3) increments over a three (3) year period. |
| 08/01/2024 | Transaction date for the disposal of 10 shares to cover withholding taxes. |
| 08/05/2024 | Date of Form 4 filing. |
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