Nordson Corp (NASDAQ: NDSN) director defers cash retainer into stock units
Rhea-AI Filing Summary
Nordson Corp director Christopher L. Mapes acquired 42 stock equivalent units on July 31, 2026 by electing to defer a portion of his quarterly cash retainer at $297.78 per unit under the Directors' Deferred Compensation Sub-Plan. At distribution, these units convert to common shares on a one-for-one basis. Following this award, he holds 3,025 stock equivalent units in total, including 8 stock equivalent and/or restricted share units accrued from dividend payments under the Stock Incentive and Award Plan.
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Insider Trade Summary
Net Buyer: 42 shares
Net Buy
1 txn
Insider
MAPES CHRISTOPHER L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | NDSN F1, F2 | 42 | $297.78 | $13K |
Holdings After Transaction:
NDSN — 3,025 shares (Direct)
Footnotes (2)
- F1. 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
- F2. The total holdings include 8 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 acquired: 42 units
Reference value per unit: $297.78 per unit
Total units after transaction: 3,025 units
+1 more
4 metrics
Stock equivalent units acquired
42 units
Grant/award acquisition on July 31, 2026 via deferred cash retainer
Reference value per unit
$297.78 per unit
Value used for the 42 stock equivalent units acquired on July 31, 2026
Total units after transaction
3,025 units
Direct holdings of stock equivalent units following the award
Dividend-accrued units included
8 units
Stock Equivalent Units and/or Restricted Share Units from dividend payments
Key Terms
Stock Equivalent Units, Directors' Deferred Compensation Sub-Plan, Restricted Share Units, Stock Incentive and Award Plan
4 terms
Stock Equivalent Units financial
"the reporting person 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.
Directors' Deferred Compensation Sub-Plan financial
"Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected"
Stock Incentive and Award Plan financial
"accrued from dividend payments pursuant to the Company's Stock Incentive and Award Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nordson (NDSN) director Christopher L. Mapes report?
Christopher L. Mapes reported acquiring 42 stock equivalent units of Nordson on July 31, 2026. The units were received as a grant under a deferred compensation election, where part of his quarterly cash retainer was converted into stock equivalent units instead of cash.
How many Nordson (NDSN) stock equivalent units did Mapes acquire and at what value?
Mapes acquired 42 stock equivalent units valued at $297.78 per unit. The acquisition arose from his election under Nordson’s Directors' Deferred Compensation Sub-Plan to receive a portion of his quarterly cash retainer in stock equivalent units rather than cash.
What are Christopher L. Mapes’ total Nordson (NDSN) holdings after this Form 4 transaction?
After the transaction, Mapes holds 3,025 stock equivalent units in Nordson. This total includes 8 stock equivalent and/or restricted share units that were accrued from dividend payments pursuant to the company’s Stock Incentive and Award Plan.
How were the Nordson (NDSN) units granted to Mapes under the deferred compensation plan?
Under Nordson’s Directors' Deferred Compensation Sub-Plan, Mapes elected to defer part of his quarterly cash retainer into stock equivalent units. These units will later convert to common shares on a one-for-one basis at the time of distribution, instead of receiving cash today.
Was the Nordson (NDSN) Form 4 transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked as affirmative. There is no footnote stating that the acquisition of the 42 stock equivalent units occurred under a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.