Form 4: Nordstrom Executive Fanya Chandler Reports Stock Transactions
SEC Form 4 Filing
Fanya Chandler, President of Nordstrom Stores, reports the disposal of shares to cover tax obligations related to vesting RSUs.
Summary
- On March 10, 2025, Fanya Chandler, President of Nordstrom Stores, reported a transaction involving Nordstrom Inc. common stock.
- 5,311 shares were disposed of at a price of $24.42 to satisfy tax obligations related to the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Chandler directly owns 156,240 shares of Nordstrom common stock.
- Chandler also indirectly owns 3,112 shares through a 401(k) plan, as per the plan statement dated February 28, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 2/28/2025 | Date of 401(k) Plan statement |
| 03/10/2025 | Date of stock transaction |
| 03/12/2025 | Date of signature on the report |
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