Form 4: Nordstrom Director Bradley D. Tilden Acquires Shares in Annual Stock Award
SEC Form 4 Filing
Director Bradley D. Tilden acquired 15,862 shares of Nordstrom Inc. common stock on June 3, 2024, as part of an annual stock award.
Summary
- On June 3, 2024, Bradley D. Tilden, a director of Nordstrom Inc., acquired 15,862 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, Tilden directly owns 87,285 shares held in a trust for which he is trustee and beneficiary.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director acquiring shares suggests confidence, but it's a routine transaction under an existing plan.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Acquisitions of company stock by directors are common and often viewed as a positive signal, aligning the director's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Acquisition of 15,862 shares of Nordstrom common stock. |
| 06/05/2024 | Date of signature by Attorney-in-Fact. |
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