Form 4: Nordstrom Executive Fanya Chandler Reports Stock Transactions

Fanya Chandler, President of Nordstrom Stores, reports the disposition of shares to cover tax obligations related to vesting RSUs and an update to shares held in a 401(k) plan.

Summary

• On June 10, 2024, Fanya Chandler, President of Nordstrom Stores, reported a transaction involving Nordstrom Inc. common stock.
• Chandler disposed of 5,707 shares at a price of $21.21 to satisfy tax obligations related to the vesting of Restricted Stock Units (RSUs).
• Following the transaction, Chandler directly owns 135,644 shares of Nordstrom common stock.
• Chandler also indirectly owns 2,933 shares through a 401(k) plan, as per the plan statement dated May 31, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it represents a small percentage of the total outstanding shares.
• The filing provides transparency to stakeholders regarding insider trading activities.

Key Dates