Form 4: Nordson EVP's Stock Vesting Tax Withholding

Nordson Executive Vice President Srinivas Subramanian reported the withholding of shares to cover tax liabilities upon the vesting of restricted stock units.

Summary

• Srinivas Subramanian, Executive Vice President of Nordson Corp (NDSN), reported transactions involving the disposal of shares.
• On December 1, 2025, 40 shares of NDSN common stock were disposed of at a price of $235.03 per share. These shares were withheld to cover tax liabilities upon the vesting of 398 restricted share units awarded on December 1, 2022.
• Also on December 1, 2025, an additional 66 shares of NDSN common stock were disposed of at $235.03 per share. These shares were withheld for taxes due upon the vesting of 671 restricted share units awarded on December 1, 2023.
• Following these transactions, Srinivas Subramanian directly owns 6,273 shares and indirectly owns 1,609 shares through the Company Savings Plan.

Sentiment

Score: 5

Explanation: The filing reports routine tax-related share disposals upon vesting of restricted stock units, which is a standard and expected event in executive compensation and does not indicate a change in company fundamentals.

Positives

• Executive compensation through restricted share units is vesting, indicating retention and alignment of interests between the executive and shareholders.
• The transactions are routine and expected as part of a standard executive compensation plan.

Negatives

• A total of 106 shares were disposed of to cover tax obligations, resulting in a slight reduction in the executive's direct beneficial ownership.

Stakeholder Impact

• Shareholders: Minimal impact as these are routine, small-scale transactions for tax purposes related to executive compensation, not indicative of a change in company performance or executive confidence.

Key Dates

Recommendation

This Form 4 reports routine tax-related share disposals upon the vesting of restricted stock units for an executive. Such transactions are standard practice and do not typically indicate a change in the company's fundamentals or an executive's confidence, thus not warranting a change in investment recommendation.

Keywords

Nordson, NDSN, Form 4, Insider Trading, Restricted Stock Units, Executive Compensation, Tax Withholding, Srinivas Subramanian