Nordson Corp (NDSN) director gets 84 stock units in pay deferral
Rhea-AI Filing Summary
DeFord John A reported acquisition or exercise transactions in this Form 4 filing.
Nordson Corp director John A. DeFord elected to defer his quarterly cash retainer, receiving 84 stock equivalent units tied to NDSN common stock at $297.78 per unit on July 31, 2026 under the company's Directors' Deferred Compensation Sub-Plan.
After this award, DeFord directly holds 5,902 shares, including 16 stock equivalent and/or restricted share units accrued from dividend payments.
Positive
- None.
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- None.
Insider Trade Summary
Net Buyer: 84 shares
Net Buy
1 txn
Insider
DeFord John A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | NDSN F1, F2 | 84 | $297.78 | $25K |
Holdings After Transaction:
NDSN — 5,902 shares (Direct)
Footnotes (2)
- F1. Pursuant to the terms of the Company's Directors' Deferred Compensation Sub-Plan, the reporting person elected to defer 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 16 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: 84 shares
Reference price per unit: $297.78 per share
Total direct holdings after transaction: 5,902 shares
+1 more
4 metrics
Stock equivalent units acquired
84 shares
Quarterly cash retainer deferred into stock equivalent units on July 31, 2026
Reference price per unit
$297.78 per share
Price per stock equivalent unit for the July 31, 2026 deferral
Total direct holdings after transaction
5,902 shares
Nordson shares directly held by John A. DeFord after the award
Dividend-related units/RSUs
16 units
Stock Equivalent Units and/or Restricted Share Units accrued 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"
Stock Equivalent Units financial
"elected to defer 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
"pursuant to the Company's Stock Incentive and Award Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Nordson (NDSN) director John A. DeFord receive in this insider transaction?
John A. DeFord received 84 stock equivalent units tied to Nordson common stock at $297.78 per unit. This resulted from deferring his quarterly cash retainer into shares under the company’s Directors' Deferred Compensation Sub-Plan instead of taking the payment in cash.
What is Nordson (NDSN)'s Directors' Deferred Compensation Sub-Plan referenced here?
The Directors' Deferred Compensation Sub-Plan lets Nordson directors elect to defer their quarterly cash retainers into stock equivalent units. At distribution, these stock equivalent units convert into Nordson common shares on a one-for-one basis, aligning director compensation with shareholder value.
Was John A. DeFord’s Nordson (NDSN) transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote describing a trading plan. This indicates the reported deferral into 84 stock equivalent units was not affirmatively reported as executed under a Rule 10b5-1 plan.
How are Nordson (NDSN) dividends reflected in John A. DeFord’s reported holdings?
DeFord’s total of 5,902 shares includes 16 stock equivalent units and/or restricted share units earned from dividend payments. These arose pursuant to Nordson’s Stock Incentive and Award Plan, which credits additional units or RSUs when dividends are paid.
Is John A. DeFord’s Nordson (NDSN) transaction an open-market stock purchase?
No. The reported acquisition of 84 stock equivalent units reflects a grant/award acquisition via deferral of his quarterly cash retainer. It is not described as an open-market purchase but as participation in the Directors' Deferred Compensation Sub-Plan.