Erik B. Nordstrom - Dec 4, 2024 Form 4 Insider Report for NORDSTROM INC (JWN)

Role: Chief Executive Officer, Director, Member of 10% Owner Group
Signature: /s/ Charles W. Riley, Jr., as Attorney-in-Fact for Erik B. Nordstrom
Stock symbol: JWN
Transactions as of: Dec 4, 2024
Transactions value $: -$130,362
Form type: 4
Date filed: 12/6/2024, 08:42 PM
Previous filing: Sep 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JWN	Common Stock	Award	$130K	+5.43K	+0.2%	$23.99	2.71M	Dec 4, 2024	Direct	F3
transaction	JWN	Common Stock	Tax liability	-$130K	-5.43K	-0.2%	$23.99	2.71M	Dec 4, 2024	Direct	F4
holding	JWN	Common Stock						30.7K	Dec 4, 2024	By 401(k) Plan, per Plan statement dated 10/30/2024	F7
holding	JWN	Common Stock						42.6K	Dec 4, 2024	By wife
holding	JWN	Common Stock						6.94M	Dec 4, 2024	By self as trustee of FWN Trust	F1
holding	JWN	Common Stock						1.56M	Dec 4, 2024	By self as trustee of EN Trust	F1
holding	JWN	Common Stock						3.4K	Dec 4, 2024	By self as trustee	F2
holding	JWN	Common Stock						3.4K	Dec 4, 2024	By self as trustee	F2
holding	JWN	Common Stock						193K	Dec 4, 2024	By self as trustee	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	JWN	Performance Share Units	Options Exercise	-$15.8K	-658	-0.95%	$23.99	68.7K	Dec 4, 2024	Common Stock	658		Direct	F5, F6
transaction	JWN	Performance Share Units	Options Exercise	-$21.7K	-905	-0.94%	$23.99	95.4K	Dec 4, 2024	Common Stock	905		Direct	F5, F6
transaction	JWN	Restricted Stock Units	Options Exercise	-$92.9K	-3.87K	-3.73%	$23.99	99.9K	Dec 4, 2024	Common Stock	3.87K		Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares are held in trust with Reporting Person as trustee.
F2	Shares are held in trust with Reporting Person as trustee. The Reporting Person disclaims beneficial ownership of the securities held within these trusts. This Form 4 shall not be deemed an admission that the reporting person is the beneficial owner of the securities held within these trusts for purposes of Section 16 or for any other purpose.
F3	Represents shares acquired as a result of conversion of Performance Share Units and Restricted Stock Units described in Footnote 6 to this Form 4, which shares were simultaneously forfeited to pay the reporting person's federal, state and Federal Insurance Contributions Act ("FICA") tax. This transaction is exempt pursuant to Rule 16b-3(d) of the Exchange Act.
F4	Represents shares forfeited following conversion of Performance Share Units and Restricted Stock Units, described in Footnote 6 to this Form 4, to pay the reporting person's FICA tax. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.
F5	Performance Share Units and Restricted Stock Units convert into common stock on a one-for-one basis.
F6	Represents the conversion of Performance Share Units and Restricted Stock Units to shares in order to allow for the satisfaction of a FICA tax obligation arising from the reporting person being eligible for retirement under the underlying award. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.
F7	Based on the 401(k) Plan statement dated 10/30/2024. The reporting person is reviewing a potential inadvertent quarterly automatic investment re-balancing within the 401(k) Plan which may have resulted in a transfer of the issuer's securities out of the Nordstrom stock fund within the 401(k) Plan.