Stephen Lovass - 22 Nov 2024 Form 4 Insider Report for NORDSON CORP (NDSN)

Signature
Jennifer L. McDonough on behalf of Stephen P. Lovass
Issuer symbol
NDSN
Transactions as of
22 Nov 2024
Transactions value $
-$49,473
Form type
4
Filing time
26 Nov 2024, 11:49:33 UTC
Previous filing
05 Aug 2024
Next filing
03 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Tax liability -$14.6K -56 -0.76% $261.27 7.3K 22 Nov 2024 Direct F1
transaction NDSN NDSN Sale -$34.8K -133 -1.82% $261.97 7.17K 25 Nov 2024 Direct F2
holding NDSN NDSN 199 22 Nov 2024 Company Savings Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 On November 22, 2021 the Company awarded 566 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. 56 of the restricted share units were withheld to cover withholding taxes due upon vesting.
F2 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the participant on July 8, 2024.
F3 Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c).