Nordson Corp (NDSN) EVP logs PSU share award, tax withholding details
Rhea-AI Filing Summary
Nordson Corporation executive Justin E. Hall, EVP, reported equity compensation activity in company stock. On January 5, 2026, he acquired 173 shares of NDSN at $245.89 per share, representing shares earned under performance share unit awards for the 2023–2025 performance period. On the same date, 63 shares were withheld at $245.89 per share to cover withholding taxes upon settlement of that PSU award.
After these transactions, Hall directly beneficially owned 2,231 NDSN shares, and indirectly held 320 shares through participation in the company savings plan, which is noted as exempt under Rule 16b-3(c). All reported transactions involve Nordson common stock and are characterized as routine equity award settlement and related tax withholding.
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FAQ
What insider transaction did NDSN executive Justin E. Hall report?
Executive Vice President Justin E. Hall reported receiving 173 shares of Nordson (NDSN) on January 5, 2026, earned under performance share unit awards for the 2023–2025 performance period.
Why were some NDSN shares withheld in this Form 4 filing?
The filing states that 63 shares of NDSN were withheld to cover withholding taxes due upon settlement of the performance share unit award for the 2023–2025 performance period.
How many NDSN shares does Justin E. Hall own after the reported transactions?
Following the reported transactions, Justin E. Hall directly beneficially owned 2,231 NDSN shares and indirectly held 320 shares through the company savings plan.
What is the role of Justin E. Hall at Nordson (NDSN)?
Justin E. Hall is reported as an Officer of Nordson Corporation with the title EVP (Executive Vice President) and is not listed as a director or 10% owner.
At what price were the NDSN share transactions reported in this Form 4?
Both the 173-share award and the 63-share tax withholding were reported at a price of $245.89 per NDSN share on January 5, 2026.
What does the indirect ownership in the Nordson company savings plan mean?
The filing notes that 320 NDSN shares are attributable to Justin E. Hall’s participation in the Company Savings Plan, reported as indirect ownership and exempt pursuant to Rule 16b-3(c).