Nordson Corp EVP Srinivas Subramanian Surrenders Shares for Tax Withholding

Executive Summary

On November 3, 2026, Nordson Corp ($NDSN) filed a Form 4 disclosing a transaction by Executive Vice President Srinivas Subramanian. On October 31, 2026, 593 shares of common stock were withheld at a price of $322.67 per share, totaling $191,343.31, to satisfy tax withholding obligations upon the vesting of restricted share units.

Transaction Breakdown

• Reporting Owner: Srinivas Subramanian, Executive Vice President
• Transaction Code: F (Payment of tax liability by withholding securities)
• Shares Withheld: 593 shares
• Price Per Share: $322.67
• Total Transaction Value: $191,343.31
• Post-Transaction Holdings: 5,814 shares held directly, with an additional 1,615 shares held indirectly through the Company Savings Plan.

Context and Footnote Details

According to footnote 1 of the filing, the reporting person was awarded 1,358 restricted share units on October 31, 2023, which vested in full on October 31, 2026. The 593 shares disposed of were withheld automatically to cover required statutory withholding taxes due upon vesting.

Market and Trading Significance

The transaction is rated as Low trading significance. Code F transactions represent non-discretionary, mandatory tax withholding events rather than open-market sales driven by insider sentiment. This activity reflects normal equity compensation settlement and does not signal a shift in executive outlook.