Stephen Lovass - Nov 24, 2023 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 24, 2023
Transactions value $
-$51,402
Form type
4
Date filed
11/27/2023, 05:03 PM
Previous filing
Nov 24, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Sale -$51.4K -221 -2.43% $232.59 8.87K Nov 24, 2023 Direct F1
holding NDSN NDSN 191 Nov 24, 2023 Company Savings Plan F2
* 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 The sale reported on this Form 4 was made pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on June 30, 2023.
F2 Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c).