Form 4: Nordson EVP DeVries Reports RSU Tax Withholding

Nordson Executive Vice President James E. DeVries reported the withholding of 268 shares to cover taxes upon the vesting of restricted stock units.

Summary

• James E. DeVries, Executive Vice President of Nordson Corp (NDSN), reported a transaction on October 31, 2025.
• The transaction involved the disposition of 268 shares of NDSN common stock at a price of $231.95 per share.
• This disposition was for tax withholding purposes (Transaction Code 'F') related to the vesting of restricted share units.
• On October 31, 2023, Mr. DeVries was awarded 906 restricted share units under the company's stock plan, which vested in full on October 31, 2025.
• Following this transaction, Mr. DeVries directly beneficially owns 51,222 shares and indirectly owns 2,329 shares through the Company Savings Plan.

Sentiment

Score: 5

Explanation: The filing reports a routine tax withholding transaction related to the vesting of restricted stock units, which is a standard part of executive compensation and does not indicate a significant positive or negative event.

Positives

• The full vesting of 906 restricted share units indicates successful long-term incentive compensation for the Executive Vice President.

Negatives

• 268 shares were withheld to cover tax obligations upon the vesting of restricted share units, representing a reduction in the executive's direct shareholding.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and is unlikely to have a material impact on the company's share price or overall shareholder value.
• Employees: This reflects the standard long-term incentive compensation structure for executives within the company.

Key Dates

Recommendation

This Form 4 reports a routine tax withholding transaction for an executive's restricted stock unit vesting. It does not provide new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation.

Keywords

Nordson, NDSN, Form 4, insider transaction, stock award, RSU, restricted stock unit, executive compensation, James E. DeVries, tax withholding