Jennifer L. Mcdonough - Nov 8, 2024 Form 4 Insider Report for NORDSON CORP (NDSN)

Signature
Jennifer L. McDonough
Stock symbol
NDSN
Transactions as of
Nov 8, 2024
Transactions value $
-$109,992
Form type
4
Date filed
11/12/2024, 09:39 AM
Previous filing
Jan 10, 2024
Next filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Tax liability -$51K -195 -5.26% $261.44 3.51K Nov 8, 2024 Direct F1
transaction NDSN NDSN Sale -$59K -225 -6.41% $262.27 3.29K Nov 11, 2024 Direct 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 On November 8, 2021 the Company awarded 1,258 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. 195 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.