Form 4: Director Bradley D. Tilden Receives Stock Unit Dividend from Nordstrom

Bradley D. Tilden, a director at Nordstrom, received a stock unit dividend on share units deferred under the Director's Deferred Compensation Plan.

Summary

• On March 27, 2024, Bradley D. Tilden, a director of Nordstrom Inc., received 144.85 stock units as a dividend.
• These stock units are associated with share units deferred under the Director's Deferred Compensation Plan.
• The stock units are convertible into Nordstrom's common stock and will be payable upon certain events, including Tilden's retirement from the Board of Directors.
• Following this transaction, Tilden directly owns 15,331.04 shares of Nordstrom common stock.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing a stock unit dividend. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and compensation practices within publicly traded companies. It provides transparency into the holdings and transactions of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of stock units granted to a director as part of a compensation plan.

Key Dates