Stephen Lovass - Jan 8, 2024 Form 4 Insider Report for NORDSON CORP (NDSN)

Signature
Jennifer L. McDonough on behalf of Stephen P. Lovass
Stock symbol
NDSN
Transactions as of
Jan 8, 2024
Transactions value $
$3,275
Form type
4
Date filed
1/10/2024, 07:57 PM
Previous filing
Jan 3, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Options Exercise $445K +1.76K +23.87% $252.83 9.14K Jan 8, 2024 Direct F1
transaction NDSN NDSN Tax liability -$139K -548 -6% $252.83 8.59K Jan 8, 2024 Direct F2
transaction NDSN NDSN Sale -$303K -1.21K -14.12% $250.13 7.38K Jan 9, 2024 Direct F3
holding NDSN NDSN 191 Jan 8, 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 Represents the number of shares earned, based upon achievement of performance measures, under the Performance Share Unit Awards made by the Company for the performance period 2021-2023.
F2 Shares withheld to cover withholding taxes due upon settlement of the performance award for period 2021-2023.
F3 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.
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).