Needham Daniel R. 4

What Happened

• Daniel R. Needham, Executive Vice President of Nucor (NUE), exercised 7,739 employee stock options (footnote F1) at a strike of $110.74 per share (cost $857,017) and sold a total of 12,888 shares in open-market transactions the same day. He sold 7,739 shares (the shares from the exercise) at $226.00 per share for $1,749,014 and an additional 5,149 shares at $226.00 for $1,163,674. Total gross sale proceeds were $2,912,688; the option exercise cost was $857,017.

Key Details

• Transaction date: 2026-05-01; Form 4 filed 2026-05-05 (filed within the required two business days)
• Sales: 5,149 shares @ $226.00 = $1,163,674 (open market); 7,739 shares @ $226.00 = $1,749,014 (open market)
• Option exercise: 7,739 shares acquired @ $110.74 = $857,017 (employee stock option, F1)
• Derivative disposition entry at $0 reflects conversion/settlement of the option (per the filing)
• Shares owned after the transaction: not specified in the provided summary of the filing
• No indication in the filing of a 10b5-1 plan or special withholding; filing appears timely

Context

• This was an option exercise followed by same-day open‑market sales (a common cashless exercise pattern): the exercised shares were sold on the same date they were acquired.
• Sales by executives can be routine (liquidity, tax) and do not by themselves indicate a view on the company; purchases are generally considered more directly bullish.