Nordson Corp (NDSN) CFO reports 148-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nordson Corp executive Daniel Roy Hopgood, EVP and CFO, reported a small share disposition related to tax withholding. On the reported date, 148 Nordson shares were withheld at $281.31 per share to cover taxes due when previously granted restricted share units vested. This was an automatic tax-withholding transaction under the company’s stock plan, not an open-market sale, and left Hopgood with 4,758 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hopgood Daniel Roy
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | NDSN | 148 | $281.31 | $42K |
Holdings After Transaction:
NDSN — 4,758 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 148 shares
Withholding price per share: $281.31 per share
Shares held after transaction: 4,758 shares
+2 more
5 metrics
Shares withheld for taxes
148 shares
Tax-withholding disposition on reported transaction date
Withholding price per share
$281.31 per share
Value used for tax-withholding disposition
Shares held after transaction
4,758 shares
Direct ownership following the Form 4 transaction
RSUs awarded
1,545 restricted share units
Awarded on June 1, 2024 under stock plan
RSU vesting schedule
1/3 per year over 3 years
Vesting terms for 1,545 RSUs granted June 1, 2024
Key Terms
restricted share units, withholding taxes, tax-withholding disposition, stock plan
4 terms
withholding taxes financial
"148 of the restricted share units were withheld to cover withholding taxes due upon vesting"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
stock plan financial
"restricted share units under the Company's stock plan vesting in 1/3 increments"
FAQ
What insider transaction did Nordson (NDSN) report for Daniel Roy Hopgood?
Nordson reported that EVP and CFO Daniel Roy Hopgood had 148 shares withheld to cover taxes on vested restricted share units. This was an automatic tax-withholding disposition, not an open-market purchase or sale of Nordson common stock.
Was the Nordson (NDSN) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy withholding taxes due when restricted share units vested under Nordson’s stock plan.
What are the CFO’s Nordson (NDSN) holdings after this Form 4 transaction?
After the tax-withholding disposition, EVP and CFO Daniel Roy Hopgood directly holds 4,758 Nordson shares. This figure reflects his post-transaction ownership as reported in the Form 4’s non-derivative holdings section.