Nordson (NDSN) director defers fees into 43 stock equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nordson Corp director Christopher L. Mapes acquired 43 stock equivalent units of NDSN on a compensation-related basis. The units were valued at $288.45 per share and resulted from his election to defer a portion of his quarterly cash retainer into stock equivalent units under the company’s Directors' Deferred Compensation Sub-Plan.
After this grant, he directly holds 2,975 NDSN shares, which include 9 stock equivalent units and/or restricted share units accrued from dividend payments under Nordson’s Stock Incentive and Award Plan. This filing reflects a routine grant/award acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MAPES CHRISTOPHER L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | NDSN | 43 | $288.45 | $12K |
Holdings After Transaction:
NDSN — 2,975 shares (Direct, null)
Footnotes (1)
- Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected to defer a portion of 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 9 Stock Equivalent Units and/or Restricted Share Units accrued from dividend payments pursuant to the Company's Stock Incentive and Award Plan
Key Figures
Stock equivalent units granted: 43 units
Grant reference price: $288.45 per unit
Total shares after transaction: 2,975 shares
+1 more
4 metrics
Stock equivalent units granted
43 units
Grant/award acquisition on 2026-04-30
Grant reference price
$288.45 per unit
Value per stock equivalent unit for this award
Total shares after transaction
2,975 shares
Direct holdings following the April 30, 2026 transaction
Dividend-accrued units/RSUs
9 units
Stock equivalent units and/or RSUs from dividend payments
Key Terms
Directors' Deferred Compensation Sub-Plan, Stock Equivalent Units, Restricted Share Units, Stock Incentive and Award Plan
4 terms
Directors' Deferred Compensation Sub-Plan financial
"Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected to defer a portion..."
Stock Equivalent Units financial
"elected to defer a portion of 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.
Stock Incentive and Award Plan financial
"accrued from dividend payments pursuant to the Company's Stock Incentive and Award Plan"
FAQ
What did Nordson (NDSN) director Christopher L. Mapes report in this Form 4 filing?
Christopher L. Mapes reported acquiring 43 stock equivalent units of Nordson stock. The units were granted as part of his director compensation after he deferred a portion of his quarterly cash retainer into stock equivalent units under the company’s Directors' Deferred Compensation Sub-Plan.
At what value were the 43 Nordson (NDSN) stock equivalent units recorded?
The 43 stock equivalent units were recorded at a value of $288.45 per unit. This price represents the reference value used for the grant under the compensation plan, rather than an open-market trade price for purchased common shares.
Was the Nordson (NDSN) Form 4 transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. It is coded as a grant or award acquisition, reflecting deferral of a portion of the director’s quarterly cash retainer into stock equivalent units under Nordson’s Directors' Deferred Compensation Sub-Plan.
What additional holdings are noted for the Nordson (NDSN) director in this Form 4?
The filing notes that total holdings include 9 stock equivalent units and/or restricted share units accrued from dividend payments. These arise pursuant to Nordson’s Stock Incentive and Award Plan, adding to the director’s overall position beyond the newly granted 43 stock equivalent units.