Form 4: Bradley D. Tilden Reports Stock Unit Dividend in Nordstrom Inc.

Director Bradley D. Tilden reported the acquisition of stock units in Nordstrom Inc. due to a dividend credited on previously deferred share units.

Summary

• On December 18, 2024, Bradley D. Tilden, a director of Nordstrom Inc. (JWN), acquired 129.45 stock units as a result of a stock unit dividend.
• These stock units were credited on share units that were deferred under the Director's Deferred Compensation Plan.
• The price of the derivative security was $22.89.
• Following the transaction, Tilden directly owns 15,724.66 shares of Nordstrom common stock.
• The stock units are convertible into Nordstrom's common stock and are payable upon certain events, including Tilden's retirement from the Board of Directors.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to director compensation, indicating a neutral sentiment.

Future Outlook

The stock units are convertible into Nordstrom's common stock and are payable upon the occurrence of certain events, including the reporting person's retirement from the issuer's Board of Directors.

Industry Context

This filing reflects routine compensation practices for board members, aligning with standard corporate governance procedures in the retail industry.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the issuance of stock units to a director as part of a deferred compensation plan.

Key Dates