Topalian Leon J 4
Research Summary
AI-generated summary
Nucor (NUE) CEO Leon J. Topalian Sells Shares
What Happened
- Leon J. Topalian, Chair and CEO of Nucor Corporation, disposed of a total of 11,500 shares in open-market sales on March 23, 2026 and also gifted 3,800 shares the same day. The sales were reported as: 6,454 shares at a weighted average price of $162.01 (proceeds $1,045,602) and 5,046 shares at a weighted average price of $162.40 (proceeds $819,485). Combined proceeds from the sales were about $1,865,087. The gift (3,800 shares) was reported at $0.00 and generated no proceeds.
Key Details
- Transaction dates: March 23, 2026; Form 4 filed March 25, 2026 (timely filing).
- Sales: 6,454 shares @ $162.01 (reported weighted avg; see footnote F1) and 5,046 shares @ $162.40 (reported weighted avg; see footnote F2). Aggregate sale price ≈ $162.18 per share.
- Gift: 3,800 shares reported as a gift (code G), $0 proceeds.
- Ownership after transaction: The filing notes a $218,714.95 balance in the Nucor Stock Fund within the Nucor Profit Sharing Plan (footnote F3); the Form 4 does not state total shares personally owned after these dispositions.
- Footnotes: F1 and F2 state the reported prices are weighted averages from multiple trades (ranges provided in the filing). F3 notes the plan-administered dollar balance; number of shares was calculated by the plan administrator.
- No options exercised or awards reported in this filing.
Context
- Sales of shares by executives are common and can be for many reasons (diversification, tax planning, personal liquidity); gifts do not necessarily indicate a view on the company's prospects. This filing is informational and does not, by itself, signal company performance.