Form 4: Nordson EVP Hall Reports PSU Vesting, Tax Withholding
Insider Transaction Report
Nordson Corporation's EVP, Justin E. Hall, reported the vesting of Performance Share Units and subsequent share withholding for taxes.
Summary
- Justin E. Hall, Executive Vice President (EVP) of Nordson Corp (NDSN), acquired 173 shares of NDSN stock on January 5, 2026, at a price of $245.89 per share.
- These shares were earned based on the achievement of performance measures under Performance Share Unit (PSU) awards for the performance period 2023-2025.
- Concurrently, 63 shares were disposed of at $245.89 per share to cover withholding taxes due upon the settlement of the PSU award.
- Following these transactions, Mr. Hall directly beneficially owns 2,231 shares and indirectly owns 320 shares through the Company Savings Plan.
Sentiment
Score: 6
Explanation: The filing indicates the successful vesting of performance-based equity awards, suggesting the company met its performance targets for the specified period. While routine, this is a positive signal regarding past performance, offset by the neutral nature of a compensation disclosure.
Positives
- EVP Justin E. Hall earned 173 shares from Performance Share Unit awards, indicating the achievement of performance measures for the 2023-2025 period.
Negatives
- 63 shares were withheld to cover tax obligations, which is a standard procedure for equity compensation and not inherently negative.
Future Outlook
The filing does not contain specific forward-looking statements or guidance, beyond the implication that performance measures for the 2023-2025 period were met.
Industry Context
This Form 4 filing reflects a routine executive compensation event, specifically the vesting of performance-based equity. Such awards are common across industries to align executive incentives with company performance and shareholder value. The specific details of the PSU achievement suggest Nordson met its internal performance targets for the 2023-2025 period, which is generally a positive indicator within its industrial manufacturing sector.
Stakeholder Impact
- Shareholders: The vesting of PSUs indicates that performance targets were met, which could be viewed positively as executive compensation is aligned with company success.
- Employees: No direct impact on general employees, but it reflects the company's executive compensation structure.
Key Dates
| Date | Description |
|---|---|
| 01/05/2026 | Date of the reported transactions, including the acquisition of shares from PSU awards and the disposition of shares for tax withholding. |
| 01/07/2026 | Date the reporting person's representative signed the Form 4. |
Keywords
Nordson Corp, NDSN, Justin E. Hall, EVP, Form 4, SEC filing, insider transaction, performance share units, PSU, equity compensation, stock award, tax withholding
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