Form 4: Nordstrom Executive Samuel C. Nordstrom Reports Ownership Changes Following Merger

Samuel C. Nordstrom, a member of a 10% owner group of Nordstrom Inc., reports changes in beneficial ownership of common stock following the merger with Nordstrom Holdings, Inc.

Summary

• Samuel C. Nordstrom, a member of a 10% owner group, filed a Form 4 detailing changes in his beneficial ownership of Nordstrom Inc. common stock.
• The filing is triggered by the merger between Nordstrom, Inc. and Nordstrom Holdings, Inc., completed on May 20, 2025.
• As a result of the merger, Nordstrom, Inc. became a wholly-owned subsidiary of Nordstrom Holdings, Inc.
• Nordstrom's common stock will be delisted from the New York Stock Exchange and deregistered under the Securities Exchange Act of 1934.
• Mr. Nordstrom transferred 121,396 shares of Nordstrom common stock to Parent in exchange for newly issued shares of common stock of Parent.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing related to a merger. While delisting might be seen as a negative by some investors, the overall sentiment is neutral as it reflects a planned corporate action.

Negatives

• Nordstrom's common stock will be delisted from the New York Stock Exchange as a result of the merger.

Future Outlook

The company will be delisted from the New York Stock Exchange and deregistered under the Securities Exchange Act of 1934.

Industry Context

This announcement reflects a trend of retail companies undergoing mergers and acquisitions to adapt to changing market conditions and consumer preferences. Delisting from public exchanges can provide greater flexibility in strategic decision-making.

Key Dates

Keywords

Form 4, Nordstrom, Merger, Beneficial Ownership, Delisting, Common Stock, Nordstrom Holdings