Form 4: Nordstrom Executive Lisa Price Reports Stock Transaction

Nordstrom's Chief Human Resources Officer, Lisa Price, sold 18,622 shares of common stock to cover tax obligations related to vesting of restricted stock units.

Summary

• Lisa Price, Chief Human Resources Officer at Nordstrom, sold 18,622 shares of common stock on December 10, 2024.
• The sale was executed at a price of $22.96 per share.
• This transaction was to cover tax obligations associated with the vesting of restricted stock units (RSUs).
• Following the transaction, Lisa Price directly owns 190,336 shares of Nordstrom stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when RSUs vest.

Comparison to Industry Standards

• Similar transactions are common among executives at publicly traded companies, particularly when dealing with vesting of stock-based compensation.
• Companies like Macy's, Kohl's, and Gap also see similar Form 4 filings from their executives related to stock transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

Keywords

Nordstrom, Lisa Price, stock transaction, Form 4, insider trading, executive compensation, restricted stock units, tax obligations