Nordson (NDSN) director gains 2,098 shares via deferred stock conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nordson Corp director Anette K. Clayton acquired company shares through equity awards and deferred compensation. On November 1, 2025 she was granted 822 restricted share units that were scheduled to vest on October 31, 2026. When her Board service ended on March 1, 2026, 552 units were forfeited and 270 remaining units were deferred into share-equivalent units.
On May 1, 2026, 2,098 stock equivalent units in her deferred compensation account converted into common shares on a one-for-one basis and were distributed to her. The Form 4 records 270 directly owned shares at a reference price of $283.20 per share and a total of 2,098 shares following the reported transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLAYTON ANNETTE K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | NDSN | 270 | $283.20 | $76K |
Holdings After Transaction:
NDSN — 2,098 shares (Direct, null)
Footnotes (1)
- Pursuant to the terms of the Company's Stock and Award Plan ("Plan"), and the Notice and Terms of Grant Share-Based Award dated November 1, 2025 ("Notice"), reporting person was granted 822 restricted share units on November 1, 2025, which would vest entirely on October 31, 2026 . Reporting person ceased service of her term with the Company's Board of Directors on March 1, 2026, and, in accordance with the terms of the Plan and Notice, the 822 shares granted on November 1, 2025, were prorated based on the last day of her term, resulting in forfeiture of 552 restricted share units. Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected to defer the remaining 270 restricted share units into share equivalent units. On May 1, 2026, pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the totality of the 2,098 stock equivalent units in reporting person's deferred compensation account converted to common shares on a one-for-one basis, and were distributed to her outright by Company's transfer agent.
Key Figures
Awarded RSUs: 822 restricted share units
Forfeited RSUs: 552 restricted share units
Deferred RSUs: 270 restricted share units
+3 more
6 metrics
Awarded RSUs
822 restricted share units
Granted November 1, 2025 under Stock and Award Plan
Forfeited RSUs
552 restricted share units
Forfeited when Board service ended March 1, 2026
Deferred RSUs
270 restricted share units
Deferred into share equivalent units under Directors' Sub-Plan
Converted stock equivalents
2,098 stock equivalent units
Converted one-for-one into common shares on May 1, 2026
Post-transaction holdings
2,098 shares
Total Nordson common shares following reported transaction
Reference share price
$283.20 per share
Price per share for 270-share award acquisition entry
Key Terms
restricted share units, Directors' Deferred Compensation Sub-Plan, share equivalent units, stock equivalent units
4 terms
Directors' Deferred Compensation Sub-Plan financial
"Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan"
stock equivalent units financial
"the totality of the 2,098 stock equivalent units in reporting person's deferred compensation account converted"
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.
FAQ
What did Nordson (NDSN) director Anette K. Clayton report on this Form 4?
Anette K. Clayton reported acquiring Nordson shares through equity awards and deferred compensation. Restricted share units granted in 2025 were partially forfeited when her Board service ended, with remaining units deferred and later converted into 2,098 common shares distributed to her.
Why were some of Anette K. Clayton’s Nordson (NDSN) restricted units forfeited?
Of the 822 restricted share units granted on November 1, 2025, 552 were forfeited when Anette K. Clayton ceased serving on the Board on March 1, 2026. The Plan required prorating the award based on service through her last day on the Board.
How did Nordson’s Directors' Deferred Compensation Sub-Plan affect this Form 4?
Under the Directors' Deferred Compensation Sub-Plan, Anette K. Clayton elected to defer 270 restricted share units into share-equivalent units. On May 1, 2026, 2,098 stock equivalent units in her deferred account converted one-for-one into common shares and were distributed to her.
Was this Nordson (NDSN) Form 4 an open-market stock purchase or sale?
This Form 4 does not report an open-market purchase or sale. It shows a grant or award acquisition and conversion of stock equivalent units under Nordson’s Stock and Award Plan and Directors' Deferred Compensation Sub-Plan, resulting in delivery of common shares to the director.