Tax-withholding of 274 shares by Nordson (NDSN) CAO Rutledge
Rhea-AI Filing Summary
Nordson Corporation VP and CAO Joseph M. Rutledge reported a tax-withholding disposition of 274 NDSN shares at $297.78 per share on July 31, 2026. The shares were withheld to cover taxes due upon vesting of restricted share units, and Rutledge now holds 2,818 shares directly. A related footnote states that 2,875 restricted share units were awarded on August 1, 2025, vesting in one-third increments over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 274 shares
Net Sell
1 txn
Insider
Rutledge Joseph M
Role
VP, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | NDSN F1 | 274 | $297.78 | $82K |
Holdings After Transaction:
NDSN — 2,818 shares (Direct)
Footnotes (1)
- F1. On August 1, 2025, the Company awarded 2,875 restricted share units under the Company's stock plan vesting in 1/3 increments over a 3-year period. 274 of the restricted share units were withheld to cover withholding taxes due upon vesting.
Key Figures
Shares withheld for taxes: 274 shares
Price per share: $297.78 per share
Shares held after transaction: 2,818 shares
+1 more
4 metrics
Shares withheld for taxes
274 shares
Non-derivative tax-withholding disposition on July 31, 2026
Price per share
$297.78 per share
Value used for the tax-withholding disposition
Shares held after transaction
2,818 shares
Direct holdings following the July 31, 2026 disposition
Restricted share units awarded
2,875 units
Awarded August 1, 2025, vesting in 1/3 increments over 3 years
Key Terms
restricted share units, withholding taxes, stock plan
3 terms
withholding taxes financial
"274 of the restricted share units were withheld to cover withholding taxes due"
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.
stock plan financial
"awarded 2,875 restricted share units under the Company's stock plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NDSN executive Joseph M. Rutledge report?
Joseph M. Rutledge, Nordson’s VP and CAO, reported a tax-withholding disposition of 274 NDSN shares on July 31, 2026. The shares were withheld to satisfy tax obligations arising from the vesting of previously granted restricted share units.
Was Joseph M. Rutledge’s NDSN tax-withholding transaction labeled as a sale?
No. The transaction is coded F and described as a payment of tax liability by delivering or withholding securities. It is characterized as a tax-withholding disposition rather than a standard open-market sale or discretionary purchase of Nordson shares.