Form 4: Nordstrom Director Guy Persaud Reports Acquisition and Disposal of Common Stock

Director Guy Persaud reports acquiring 7,170 shares of Nordstrom common stock at $23.01 and disposing of 7,170 shares on June 3, 2024.

Summary

• On June 3, 2024, Guy Persaud, a director of Nordstrom, Inc., acquired 7,170 shares of common stock at a price of $23.01 per share.
• The acquisition was part of an annual stock award under Nordstrom's Amended and Restated 2019 Equity Incentive Plan.
• Following the reported transaction, Persaud beneficially owns 12,153 shares of Nordstrom common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey strong positive or negative sentiment.

Positives

• The acquisition of shares by a director may signal confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.

Key Dates