Batterbee Thomas J. 4
4 · NUCOR CORP · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Nucor EVP Thomas Batterbee Receives RSU Award; Shares Withheld
What Happened
Thomas J. Batterbee, Executive Vice President of Nucor Corporation (NUE), received equity awards and had shares withheld to cover tax liabilities. On 2026-06-01 he was granted 1,636 shares (issued common stock) and 1,842 restricted stock units (derivative RSUs). On the same date the issuer withheld 1,037 shares (340 + 268 + 429) at $250.00 per share to satisfy tax obligations, representing total withholding value of $259,250. These withholdings relate to vesting of previously awarded RSUs.
Key Details
- Transaction date(s): 2026-06-01 (reported on Form 4 filed 2026-06-03).
- Withheld (disposed) for tax payment: 340 shares ($85,000), 268 shares ($67,000), 429 shares ($107,250) — all at $250.00/share; total withheld = 1,037 shares (~$259,250). (Code F = tax withholding.)
- Acquired/issued: 1,636 shares @ $0.00 (acquired) and 1,842 RSUs @ $0.00 (derivative/awarded). Total new units = 3,478. (Code A = award/grant.)
- Shares owned after the transaction: Not reported in the provided excerpt.
- Relevant footnotes: F1–F3 confirm the withheld shares were used to pay taxes on vesting RSUs awarded 6/1/23, 6/1/24 and earlier awards; F4 explains the 1,842 RSUs vest in three annual installments starting 6/1/2027 and convert to one share each when vested.
- Filing timeliness: Form was filed 2026-06-03 covering 2026-06-01 transactions; no late filing flag indicated in the provided data.
Context
Tax-withholding disposals are routine and do not necessarily indicate a voluntary sale or change in sentiment; they are employer withholding of vested RSU shares to satisfy tax obligations. The 1,842-unit derivative award are RSUs that vest over time (not immediate marketable shares).
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-06-01$250.00/sh−340$85,000→ 19,198.87 total - Tax Payment
Common Stock
[F2]2026-06-01$250.00/sh−268$67,000→ 18,930.87 total - Tax Payment
Common Stock
[F3]2026-06-01$250.00/sh−429$107,250→ 18,501.87 total - Award
Common Stock
[F4]2026-06-01+1,636→ 20,137.87 total - Award
Stock Option
[F5]2026-06-01+1,842→ 1,842 totalExercise: $251.49From: 2029-06-01Exp: 2036-05-31→ Common Stock (1,842 underlying)
Footnotes (5)
- [F1]Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of restricted stock units awarded on 6/1/23.
- [F2]Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of restricted stock units awarded on 6/1/24.
- [F3]Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of previously awarded restricted stock units as reported on Form 4 dated 6/3/25.
- [F4]The shares of common stock reported are issuable to the reporting person upon vesting of restricted stock units that represent the right to receive one share of common stock. The restricted stock units vest in three annual installments commencing on June 1, 2027, subject to acceleration upon the date of termination of the reporting person's employment with the company by reason of death, disability or retirement, or upon a change in control of the company. The company will issue the shares of common stock represented by the units to the reporting person or, if applicable, his or her estate, as soon as administratively practicable after the units become vested.
- [F5]Employee Stock Option (right to buy)