Nordson (NDSN) director John DeFord defers cash retainer into 87 share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nordson Corp director John A. DeFord reported an acquisition of company equity through compensation. On the reported date, he received 87 shares of NDSN at a reference value of $288.45 per share as a grant/award, bringing his direct holdings to 5,802 shares.
Footnotes explain that he elected to defer his quarterly cash retainer into Stock Equivalent Units under the Directors' Deferred Compensation Sub-Plan, which convert into common shares on a one-for-one basis at distribution. His total holdings also include 18 Stock Equivalent Units and/or Restricted Share Units accrued from dividend payments under the company’s Stock Incentive and Award Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeFord John A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | NDSN | 87 | $288.45 | $25K |
Holdings After Transaction:
NDSN — 5,802 shares (Direct, null)
Footnotes (1)
- Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected to defer his quarterly cash retainer payment into Stock Equivalent Units. At the time of distribution, stock equivalent units convert to common shares on a one-for-one basis The total holdings include 18 Stock Equivalent Units and/or Restricted Share Units accrued from dividend payments pursuant to the Company's Stock Incentive and Award Plan.
Key Figures
Shares acquired: 87 shares
Reference price per share: $288.45 per share
Total shares after transaction: 5,802 shares
+1 more
4 metrics
Shares acquired
87 shares
Grant/award on reported transaction date
Reference price per share
$288.45 per share
Value assigned to the 87-share award
Total shares after transaction
5,802 shares
Direct holdings following the award
Dividend-related units
18 units
Stock Equivalent Units/RSUs from dividend payments
Key Terms
Stock Equivalent Units, Directors' Deferred Compensation Sub-Plan, Restricted Share Units, Stock Incentive and Award Plan
4 terms
Stock Equivalent Units financial
"the reporting person elected to defer his quarterly cash retainer payment into Stock Equivalent Units"
Stock equivalent units are financial claims or instruments that are treated as if they were actual shares for purposes like calculating ownership, dilution, and earnings per share. Think of them as promises or placeholders for future slices of company pie—options, restricted units, or convertible securities—that don’t yet sit on the table but will reduce each existing slice when converted. Investors track them because they change how much of a company each share really represents and can affect valuation and voting power.
Directors' Deferred Compensation Sub-Plan financial
"Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan"
Stock Incentive and Award Plan financial
"pursuant to the Company's Stock Incentive and Award Plan"
FAQ
What insider transaction did NORDSON CORP (NDSN) director John A. DeFord report?
John A. DeFord reported acquiring 87 NDSN shares as a grant/award. The transaction reflects deferred director compensation converted into Stock Equivalent Units that are treated like share-based compensation rather than an open-market purchase or sale.
What is the Directors' Deferred Compensation Sub-Plan mentioned in the NDSN Form 4?
Under the Directors' Deferred Compensation Sub-Plan, directors may defer quarterly cash retainers into Stock Equivalent Units. These units mirror NDSN shares in value and convert into common shares on a one-for-one basis at distribution, aligning director compensation with shareholder interests.