A freezeless wall hydrant shuts off inside the heated portion of the structure therefore, the water inside the hydrant will drain out after shutoff. The shutoff point could be any distance from 4" to 24" inside the structure. This installation should also be pitched to allow the water to easily drain out of the hydrant. The hydrant may drip for up to 60 seconds after shutoff. If the water continues to drip after that time, you most likely need to replace the stopper and pin on the stem.
C-434KT-902 Stopper and Pin Kit (with tool and o-ring)