Sumoski David A 4
Research Summary
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Nucor (NUE) EVP David Sumoski Receives Stock Award
What Happened
- David A. Sumoski, Executive Vice President of Nucor Corporation, acquired 823.63 common stock units on 2026-03-10 at an implied value of $169.47 per unit, for a total value of $139,581. This was recorded as an award/acquisition (Form 4 code A) resulting from his election to defer part of his cash annual incentive.
Key Details
- Transaction date and price: 2026-03-10 at $169.47 per unit.
- Quantity and value: 823.63 common stock units, total $139,581.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Units were acquired by electing to defer a portion of the annual incentive. Mr. Sumoski is immediately vested in these common stock units but they will be distributed after his retirement—50% three years after retirement and 50% four years after retirement.
- Filing timeliness: Form filed 2026-03-12 (appears timely under Form 4 rules).
Context
- These are deferred compensation units (not an open-market purchase or sale). They indicate deferral of pay into stock units under the company’s incentive plan rather than a personal market bet. Distribution is deferred until retirement per the schedule in the footnote.