Stephen Lovass - Nov 29, 2024 Form 4 Insider Report for NORDSON CORP (NDSN)

Role
Executive Vice President
Signature
Jennifer L. McDonough on behalf of Stephen P. Lovass
Stock symbol
NDSN
Transactions as of
Nov 29, 2024
Transactions value $
-$131,463
Form type
4
Date filed
12/3/2024, 04:10 PM
Previous filing
Nov 26, 2024
Next filing
Dec 23, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Tax liability -$19.3K -74 -1.03% $260.99 7.1K Nov 29, 2024 Direct F1
transaction NDSN NDSN Tax liability -$29.5K -113 -1.59% $260.99 6.98K Nov 29, 2024 Direct F2
transaction NDSN NDSN Sale -$46.2K -177 -2.53% $260.75 6.81K Dec 2, 2024 Direct F3
transaction NDSN NDSN Sale -$36.5K -140 -2.06% $260.75 6.67K Dec 2, 2024 Direct F3
holding NDSN NDSN 199 Nov 29, 2024 Company Savings Plan F4
* 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 December 1, 2022 the Company awarded 752 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. 74 of the restricted share units were withheld to cover withholding taxes due upon vesting.
F2 On December 1, 2023 the Company awarded 761 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. 113 of the restricted share units were withheld to cover withholding taxes due upon vesting.
F3 The sale reported on this Form 4 was made pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on July 8, 2024.
F4 Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c).