Form 4: Nordstrom Director Atticus Tysen Acquires 7,170 Shares of Common Stock

Sentiment:

SEC Form 4


Director Atticus Tysen acquired 7,170 shares of Nordstrom common stock at a price of $23.01 per share on June 3, 2024, through an annual stock award.

Summary

  • On June 3, 2024, Atticus Tysen, a director of Nordstrom Inc., acquired 7,170 shares of common stock.
  • The acquisition was part of an annual stock award under Nordstrom's Amended and Restated 2019 Equity Incentive Plan.
  • The price per share was $23.01.
  • Following the transaction, Tysen directly owns 17,201.429 shares indirectly through a trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction (stock award) and doesn't necessarily indicate a strong positive or negative outlook for the company.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction reflects the standard compensation practices of awarding stock to directors.

Stakeholder Impact

  • The acquisition of shares by a director could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
06/03/2024Date of transaction: Atticus Tysen acquired 7,170 shares of Nordstrom common stock.
06/05/2024Date of signature on the Form 4 filing.

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