Nordstrom Phyllis B 4
4 · 3D SYSTEMS CORP · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
3D Systems (DDD) CFO Phyllis B. Nordstrom Withholds 1,626 Shares for Taxes
What Happened
Phyllis B. Nordstrom, EVP, Chief Financial Officer and Chief Accounting Officer of 3D Systems (DDD), had 1,626 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock. The shares were withheld at an effective value of $1.98 per share, totaling approximately $3,219. This was a tax-withholding disposition on vested awards, not an open-market sale or purchase.
Key Details
- Transaction date: April 14, 2026; Form 4 filed April 16, 2026 (within the standard 2-business-day reporting window).
- Transaction type/code: Payment of exercise price or tax liability (code F).
- Shares involved: 1,626 shares withheld at $1.98 per share — total value ≈ $3,219.
- Footnote: Shares were withheld to satisfy tax withholding for the vesting of a restricted stock grant originally made on April 14, 2023.
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timeliness: Filed two days after the transaction date (timely for Form 4).
Context
Tax-withholding dispositions (code F) are routine when restricted stock vests; companies often withhold shares instead of sending net shares to cover tax obligations. Such withholdings are administrative and do not by themselves indicate the insider is buying or selling stock to express a market view.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-14$1.98/sh−1,626$3,219→ 793,267 total
Footnotes (1)
- [F1]Shares reported were withheld to satisfy tax withholding obligations with respect to the vesting of a grant of restricted stock originally made on April 14, 2023.