Nordson’s Justin Hall has 118 shares withheld for tax
Following the tax withholding, Hall holds 1,397 shares directly and 349 indirectly, and no Rule 10b5-1 plan was reported.
Rhea-AI Filing Summary
NORDSON CORP (NDSN) executive vice president Justin E. Hall reported an automatic share withholding related to a restricted share unit vesting. On September 1, 2026, 118 shares of NDSN common stock were withheld at $314.40 per share to cover tax liabilities upon vesting from a 410-unit restricted share grant originally awarded on September 1, 2024. After this tax-withholding disposition, Hall holds 1,397 shares directly and 349 shares indirectly through a Company Savings Plan. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 118 shares
Tax Withholding
2 txns
Insider
Hall Justin E
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | NDSN F1 | 118 | $314.40 | $37K |
| holding | NDSN F2 | -- | -- | -- |
Holdings After Transaction:
NDSN — 1,397 shares (Direct);
NDSN — 349 shares (Indirect, Company Savings Plan)
Footnotes (2)
- F1. On September 1, 2024, the Company awarded 410 restricted share units under the Company's stock plan vesting in full on September 1, 2026. 118 of the restricted share units were withheld to cover withholding taxes due upon vesting.
- F2. Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c).
Key Figures
Shares withheld for taxes: 118 shares
Withholding reference price: $314.40 per share
Direct holdings after transaction: 1,397 shares
+2 more
5 metrics
Shares withheld for taxes
118 shares
Withheld on September 1, 2026 to cover tax liability upon RSU vesting
Withholding reference price
$314.40 per share
Value applied to the 118 shares withheld on September 1, 2026
Direct holdings after transaction
1,397 shares
Direct NDSN common stock held by Justin E. Hall after September 1, 2026 withholding
Indirect holdings after transaction
349 shares
Indirect NDSN shares attributable to participation in the Company Savings Plan
Original RSU award
410 restricted share units
Awarded on September 1, 2024, vesting in full on September 1, 2026
Key Terms
restricted share units, withholding taxes, Company Savings Plan, Rule 16b-3(c)
4 terms
withholding taxes financial
"118 of the restricted share units were withheld to cover withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
Company Savings Plan financial
"Represents the number of shares attributable to the reporting person's participation in the Company Savings Plan"
Rule 16b-3(c) regulatory
"participation in the Company Savings Plan, exempt pursuant to Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
What insider transaction did NORDSON CORP (NDSN) report for Justin E. Hall?
Justin E. Hall reported an automatic disposition of 118 NDSN shares on September 1, 2026, withheld to pay tax liabilities upon vesting of restricted share units, at a reported value of $314.40 per share. This was not an open-market sale.
Was the NDSN insider transaction executed under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 plan is reported for the September 1, 2026 transactions. The disposition resulted from shares withheld to pay tax liabilities tied to restricted share unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.