Form 4: Nordson Director Richey Receives RSU Grant

Nordson Corp Director Victor L. Richey Jr. was granted 822 Restricted Share Units as part of an annual non-employee director award.

Summary

• Victor L. Richey Jr., a Director of Nordson Corp (NDSN), acquired 822 Restricted Share Units (RSUs) on November 1, 2025.
• The acquisition was an annual grant to non-employee directors, with each unit valued at $231.95.
• These 822 RSUs are scheduled to vest in their entirety on October 31, 2026.
• Following this transaction, Mr. Richey's total beneficial ownership stands at 20,968 units.
• The total holdings include 301 Stock Equivalent Units and/or Restricted Share Units accrued from dividend payments under the Company's Stock Incentive and Award Plan.

Sentiment

Score: 6

Explanation: Slightly positive, as it reflects routine director compensation and aligns insider interests with shareholders, without indicating any negative operational or financial news.

Positives

• The grant of Restricted Share Units to a director aligns their interests with those of shareholders, encouraging long-term value creation.
• The transaction represents a routine equity compensation practice for non-employee directors, indicating stable corporate governance practices.

Future Outlook

The filing indicates a future vesting event for the granted Restricted Share Units on October 31, 2026.

Industry Context

Annual Restricted Share Unit grants to non-employee directors are a standard practice across publicly traded companies, including those in the industrial manufacturing sector, serving to align the interests of board members with long-term shareholder value.

Comparison to Industry Standards

• Annual RSU grants to non-employee directors are a widely adopted compensation strategy in the industrial sector and broader market, consistent with best practices for corporate governance and aligning director incentives with company performance.
• The vesting schedule, typically over one year, is common for such annual grants, ensuring continued commitment from directors.

Stakeholder Impact

• Shareholders: The grant of equity to a director generally aligns their financial interests with those of shareholders, potentially fostering decisions that enhance long-term shareholder value.
• Directors: The grant serves as a component of director compensation, incentivizing their continued service and commitment to the company's performance.

Next Steps

• The 822 Restricted Share Units granted to Victor L. Richey Jr. are scheduled to vest on October 31, 2026.

Key Dates

Keywords

Nordson Corp, NDSN, Victor L. Richey Jr., Restricted Share Units, RSU grant, insider transaction, Form 4, director compensation, equity award