4Filed Sep 1, 8:00 PM ET
Nordson (NDSN) EVP Justin Hall Withholds 118 Shares for Taxes
$NDSN · NORDSON CORPResearch Summary
AI-generated summary of this SEC filing
Nordson (NDSN) EVP Justin Hall Withholds 118 Shares for Taxes
What Happened
Justin E. Hall, Executive Vice President of Nordson Corp (NDSN), had 118 restricted shares withheld on September 1, 2026 to cover withholding taxes upon the vesting of RSUs. The withholding was reported as a disposition of 118 shares at $314.40 per share, totaling $37,099. This was a tax-withholding/cashless settlement of vested restricted share units, not an open-market sale.
Key Details
- Transaction date: 2026-09-01; reported filing date: 2026-09-02 (appears timely).
- Price used for withholding: $314.40 per share; total value withheld: $37,099.
- Origin of shares: 410 restricted share units awarded on 2024-09-01 that vested in full on 2026-09-01; 118 of those RSUs were withheld for taxes. (Footnote F1)
- Footnote F2 notes certain shares relate to participation in the Company Savings Plan and are exempt under Rule 16b-3(c).
- Shares owned after the transaction are not specified in the filing.
Context
This was a routine tax-withholding event tied to RSU vesting (a common cashless settlement) and should not be interpreted as a discretionary sale or purchase signal. No options were exercised for immediate sale; the filing simply reports shares surrendered to meet tax obligations.