Form 4: Nordson EVP DeVries Reports PSU Award Settlement
Insider Transaction Disclosure
Nordson Executive Vice President James E. DeVries disclosed the settlement of performance share unit awards and related tax withholdings.
Summary
- Executive Vice President James E. DeVries acquired 922 shares of Nordson Corp (NDSN) common stock on January 5, 2026, at a price of $245.89 per share.
- These shares represent the number earned from Performance Share Unit (PSU) Awards granted for the 2023-2025 performance period, based on achievement of performance measures.
- Concurrently, 272 shares were disposed of on January 5, 2026, at $245.89 per share to cover withholding taxes due upon the settlement of the PSU award.
- Following these transactions, James E. DeVries directly beneficially owns 51,351 shares of NDSN.
- Additionally, 2,329 shares are indirectly beneficially owned through the Company Savings Plan, exempt under Rule 16b-3(c).
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of executive compensation and tax-related share dispositions, which is neutral in sentiment. It reflects the settlement of a pre-existing performance award.
Positives
- James E. DeVries earned 922 shares from Performance Share Unit (PSU) Awards, indicating the achievement of performance measures for the 2023-2025 period.
Negatives
- 272 shares were disposed of to cover withholding taxes, reducing the net shares received from the PSU award.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of executive compensation in the form of equity awards and does not provide broader industry context or trends.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Executive Vice President | NA | James E. DeVries | NA | NA |
Stakeholder Impact
- Shareholders: Minor impact as it's a routine executive compensation event, reflecting the vesting of performance-based awards and associated tax withholding. It indicates management's alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 01/05/2026 | Date of transaction for PSU award settlement and tax withholding. |
| 01/07/2026 | Signature date of the reporting person's representative. |
Keywords
Nordson Corp, NDSN, Form 4, Insider Transaction, Executive Compensation, Performance Share Units, PSU Award, Stock Award, James E. DeVries
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