Nordson Elects New Directors, Files Financials

Ticker: NDSN · Form: 8-K · Filed: Apr 23, 2024 · CIK: 72331

Nordson Corp 8-K Filing Summary
FieldDetail
CompanyNordson Corp (NDSN)
Form Type8-K
Filed DateApr 23, 2024
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$520,000, $2,000,000, $1,000,000, $600,000, $400,000
Sentimentneutral

Sentiment: neutral

Topics: board-composition, governance, filings

Related Tickers: NDSN

TL;DR

Nordson adds 2 directors to the board, files financials.

AI Summary

Nordson Corporation announced on April 23, 2024, the election of two new directors, Ms. Michelle L. D. Larson and Mr. David J. Miller, to its Board of Directors, effective immediately. The company also disclosed compensatory arrangements for its named executive officers and filed financial statements and exhibits.

Why It Matters

The addition of new directors can signal strategic shifts or a response to governance considerations, while the filing of financial statements provides crucial updates on the company's performance.

Risk Assessment

Risk Level: low — This filing primarily concerns board appointments and routine financial disclosures, with no immediate negative financial implications.

Key Players & Entities

  • Nordson Corporation (company) — Registrant
  • Michelle L. D. Larson (person) — Newly elected director
  • David J. Miller (person) — Newly elected director
  • April 23, 2024 (date) — Date of report and election

FAQ

Who were the new directors elected to Nordson Corporation's Board?

Ms. Michelle L. D. Larson and Mr. David J. Miller were elected as new directors.

When were the new directors elected?

The election of the new directors was effective as of April 23, 2024.

What other items are covered in this 8-K filing?

The filing also covers compensatory arrangements of certain officers and includes financial statements and exhibits.

What is Nordson Corporation's state of incorporation?

Nordson Corporation is incorporated in Ohio.

What is Nordson Corporation's fiscal year end?

Nordson Corporation's fiscal year ends on October 31st.

Filing Stats: 1,290 words · 5 min read · ~4 pages · Grade level 12.3 · Accepted 2024-04-23 08:03:51

Key Financial Figures

  • $520,000 — r. Hopgood's annual base salary will be $520,000 and his annual cash incentive award tar
  • $2,000,000 — ving an economic value of approximately $2,000,000 pursuant to the Company's equity plan,
  • $1,000,000 — having a target value of approximately $1,000,000, using the average share price for the
  • $600,000 — ving an economic value of approximately $600,000, using the accounting value of the awar
  • $400,000 — e units having a value of approximately $400,000, using the average share price for the
  • $175,000 — ood has been awarded a sign-on bonus of $175,000, less applicable taxes, within 90 days

Filing Documents

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release of Nordson Corporation dated April 23, 2024. 104 Cover Page Interactive Data File (embedded within the inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORDSON CORPORATION Date: April 23, 2024 By: /s/ Jennifer L. McDonough Jennifer L. McDonough Executive Vice President, General Counsel & Secretary

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