James F. Nordstrom Jr. - 06 Mar 2025 Form 4 Insider Report for NORDSTROM INC (JWN)

Role
Chief Merchandising Officer, Member of 10% Owner Group
Signature
/s/ Charles W. Riley, Jr., as Attorney-in-Fact for James F. Nordstrom, Jr.
Issuer symbol
JWN
Transactions as of
06 Mar 2025
Net transactions value
$0
Form type
4
Filing time
10 Mar 2025, 21:54:39 UTC
Previous filing
13 Sep 2024
Next filing
12 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JWN Common Stock Award $0 +44,667 +5.5% $0.000000 850,765 06 Mar 2025 Direct F1
holding JWN Common Stock 7,306 06 Mar 2025 By 401(k) Plan, per Plan statement dated 01/31/2025
holding JWN Common Stock 429 06 Mar 2025 By wife
holding JWN Common Stock 2,223 06 Mar 2025 By wife in 401(k) Plan, per Plan statement dated 01/31/2025
holding JWN Common Stock 24,592 06 Mar 2025 By self as trustee for benefit of minor child F2
holding JWN Common Stock 24,592 06 Mar 2025 By self as trustee for benefit of second minor child F2
holding JWN Common Stock 24,593 06 Mar 2025 By self as trustee for benefit of third minor child 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 Award $0 +47,310 $0.000000 47,310 06 Mar 2025 Common Stock 47,310 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Unit vesting in three equal annual installments commencing on March 6, 2026.
F2 Shares are held in trust with Reporting Person as trustee.
F3 Each Performance Share Unit (PSU) represents a contingent right to receive 1 share of the Company's common stock. The PSUs may be earned over a 3-year period from FY 2025 through FY 2027, depending on the achievement of certain metrics. The percentage of PSUs that will actually be earned at the end of each year within the 3-year period is based upon the achievement of pre-established performance measures that year. One third of the total target number of PSUs will be allocated to three separate 1-year performance cycles. The minimum percentage of PSUs that can be earned at the end of each year is 0% and the maximum is 175% based on achievement of pre-established performance measures at the end of each year. The total percentage of PSUs that can be earned at the end of the 3-year period ranges from 0%-175%.