Jennifer L. McDonough - 08 Nov 2024 Form 4 Insider Report for NORDSON CORP (NDSN)

Signature
Jennifer L. McDonough
Issuer symbol
NDSN
Transactions as of
08 Nov 2024
Net transactions value
-$109,992
Form type
4
Filing time
12 Nov 2024, 09:39:29 UTC
Previous filing
10 Jan 2024
Next filing
26 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDSN NDSN Tax liability $50,981 -195 -5.3% $261.44 3,512 08 Nov 2024 Direct F1
transaction NDSN NDSN Sale $59,011 -225 -6.4% $262.27 3,287 11 Nov 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.