Nordson director awarded 87 NDSN shares
Nordson Corp director John A. DeFord reported an acquisition of company equity through compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | NDSN | 87 | $288.45 | $25K |
Footnotes (2)
- F1. 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
- F2. 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
Key Terms
Stock Equivalent Units financial
Directors' Deferred Compensation Sub-Plan financial
Stock Incentive and Award Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NORDSON CORP (NDSN) director John A. DeFord report?
What is the Directors' Deferred Compensation Sub-Plan mentioned in the NDSN Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.