Form 4: Nordstrom Inc. Completes Merger, Common Stock Delisted

Leigh E. Nordstrom reports the transfer of common stock to Nordstrom Holdings, Inc. following the completion of a merger, leading to the delisting of Nordstrom Inc. from the New York Stock Exchange.

Summary

• On May 20, 2025, Nordstrom, Inc. completed a merger with Navy Acquisition Co. Inc., a subsidiary of Nordstrom Holdings, Inc. (formerly Norse Holdings, Inc.).
• As a result of the merger, Nordstrom, Inc. became a wholly-owned subsidiary of Nordstrom Holdings, Inc.
• Leigh E. Nordstrom, a member of a 10% owner group, reported the transaction.
• 125,588 shares of common stock were transferred to Nordstrom Holdings, Inc. in exchange for newly issued shares of common stock of Parent.
• Following the merger, Nordstrom's common stock will be delisted from the New York Stock Exchange and deregistered under the Securities Exchange Act of 1934.

Sentiment

Score: 6

Explanation: The document reports a completed merger and delisting, which is a neutral event from a financial perspective. The sentiment is moderately neutral as it reflects a structural change rather than positive or negative performance.

Negatives

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

Future Outlook

Following the merger, Nordstrom, Inc. will operate as a wholly-owned subsidiary of Nordstrom Holdings, Inc.

Industry Context

This merger reflects a trend of companies seeking to restructure or go private, potentially to streamline operations or pursue long-term strategies without the pressures of public markets.

Stakeholder Impact

• Shareholders who held common stock received consideration as part of the merger agreement.
• Employees may experience changes as the company transitions to private ownership.

Key Dates

Keywords

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