Behr Allen C 4

What Happened

• Allen C. Behr, Executive Vice President of Nucor (NUE), exercised employee stock options and immediately sold the shares. He exercised 7,500 options on Feb 2, 2026 (exercise price $42.46; cost $318,450) and 7,568 options on Feb 3, 2026 (exercise price $42.46; cost $321,337). He sold the resulting 7,500 shares on Feb 2 at an average price of $181.07 (proceeds ~$1.358M) and 7,568 shares on Feb 3 at $188.50 (proceeds ~$1.427M). Total gross proceeds from the sales were about $2.785M; total exercise cost was $639,787, yielding approximate net proceeds of $2.145M.

Key Details

• Transaction dates: Feb 2, 2026 and Feb 3, 2026.
• Exercise price(s): $42.46 per share (employee stock options).
• Sales prices: weighted averages — $181.07 (Feb 2 sale) and $188.50 (Feb 3 sale). Footnote: one sale’s prices ranged from $188.400 to $188.775; full breakdown available on request (Footnote F1).
• Instruments: Employee stock options (Footnote F2). The filing shows the option awards were exercised (acquisition) and the derivative instruments were cancelled/converted (reported as disposed at $0).
• Shares owned after transaction: not specified in the reported Form 4.
• Filing timeliness: Reported on Feb 4, 2026 for transactions on Feb 2–3; this appears to be a timely Form 4 filing (not indicated as late).

Context

• This was an option exercise followed by immediate open-market sales (a cashless or sell-to-cover pattern), a common way for executives to realize value from vested options. Such sales are routine monetization and do not, by themselves, indicate a change in an insider’s view of the company.
• The filing is factual and does not state any trading plan (e.g., 10b5-1) in the provided data.