Nordson (NDSN) CFO cashless-exercises options, sells shares
Rhea-AI Filing Summary
NORDSON CORP (NDSN) reported that EVP and CFO Daniel Roy Hopgood exercised stock options and sold the resulting shares. On 2026-08-26, he exercised derivative securities for 1,329 shares of NDSN at an exercise price of $209.73 per share, then sold 1,329 shares of NDSN at $334.29 per share. According to the disclosure, the shares were sold in a broker-assisted cashless exercise and sale, with shares used to pay the exercise price, cover withholding taxes, and pay broker fees and commissions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,329 shares ($166K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Hopgood Daniel Roy
Role
EVP, CFO
Sold
1,329 shs ($444K)
Approx. gross sale proceeds
$444K
Approx. exercise cost
$279K
Approx. pre-tax spread
$166K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NDSN F2 | 1,329 | $334.29 | $444K |
| Exercise | NDSN F1 | 1,329 | $209.73 | $279K |
| Sale | NDSN | 1,329 | $334.29 | $444K |
Holdings After Transaction:
NDSN — 20,453 shares (Direct)
Footnotes (2)
- F1. Exercise of reporting person's stock options that would otherwise expire December 20, 2034, of which shares were sold to pay the exercise price, to cover withholding taxes, and to pay broker fees and commissions, pursuant to a broker-assisted cashless exercise and sale.
- F2. Represents the comprehensive total of derivative securities beneficially owned by Reporting Person following this transaction.
Key Figures
Shares underlying options exercised: 1,329 shares
Option exercise price: $209.73 per share
Shares acquired via option exercise: 1,329 shares
+3 more
6 metrics
Shares underlying options exercised
1,329 shares
Derivative exercise (code M) on 2026-08-26
Option exercise price
$209.73 per share
Exercise of derivative securities for 1,329 NDSN shares
Shares acquired via option exercise
1,329 shares
Non-derivative acquisition (code M) on 2026-08-26
Shares sold
1,329 shares
Non-derivative sale (code S) on 2026-08-26
Reported sale price
$334.29 per share
Sale of 1,329 NDSN shares on 2026-08-26
Derivative exercise code
M
Exercise or conversion of derivative security
Key Terms
broker-assisted cashless exercise and sale, withholding taxes, derivative securities, Exercise or conversion of derivative security, +1 more
5 terms
broker-assisted cashless exercise and sale financial
"pursuant to a broker-assisted cashless exercise and sale."
withholding taxes financial
"shares were sold to pay the exercise price, 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.
derivative securities financial
"Represents the comprehensive total of derivative securities beneficially owned"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction"
FAQ
What did NDSN EVP & CFO Daniel Roy Hopgood report in this Form 4?
He reported an exercise-and-sale transaction involving 1,329 shares of NORDSON CORP (NDSN). He exercised stock options and then sold the same number of NDSN shares on 2026-08-26 in a broker-assisted cashless exercise and sale.
At what prices were Daniel Roy Hopgood’s NDSN option exercise and sale reported?
The option exercise covered 1,329 shares at an exercise price of $209.73 per share. The subsequent sale of 1,329 shares of NDSN was reported at $334.29 per share on 2026-08-26.
Was the NDSN Form 4 transaction by Daniel Roy Hopgood a cashless exercise?
Yes. A footnote states it was a broker-assisted cashless exercise and sale, with shares sold to pay the option exercise price, to cover withholding taxes, and to pay broker fees and commissions.
Were Daniel Roy Hopgood’s NDSN transactions under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.