Hanners Noah C 4
Research Summary
AI-generated summary
Nucor (NUE) EVP Noah Hanners Withholds 3,989 Shares; Receives 5,178 RSUs
What Happened
Noah C. Hanners, Executive Vice President of Nucor Corporation, had 3,989 shares withheld on June 1, 2026 to satisfy tax liabilities (total cash value ≈ $997,250) and was granted awards totaling 5,178 restricted stock units (RSUs). The withheld shares were reported as disposals at $250.00 per share; the RSU awards were reported as acquisitions at $0.00 (company awards/derivative units).
Key Details
- Transactions date: June 1, 2026; filing date: June 3, 2026 (filing marked late).
- Withheld/disposed: 599 shares ($149,750), 2,401 shares ($600,250), and 989 shares ($247,250) — total 3,989 shares at $250.00 each (reported as code F: tax withholding).
- Acquired/awarded: 2,875 shares @ $0.00 (award) and 2,303 RSUs @ $0.00 (derivative award) — total 5,178 units (reported as code A).
- Footnotes: F1–F3 = shares withheld to pay tax on previously awarded RSUs (from Form 4s dated 6/5/23, 6/4/24, 6/3/25). F4 = RSUs vest in three annual installments starting June 1, 2027 (issuable as common stock when vested). F5 = denotes employee stock option definition (not directly exercised here).
- Shares owned after the transactions: not specified in the filing.
Context
The disposals are tax-withholding actions tied to RSU vestings — a routine administrative step (code F) rather than an open-market sale signaling a view on the stock. The new awards are RSUs that vest over time (beginning June 1, 2027) and are derivative rights to receive common stock when vested. Filing was submitted after the transaction date (marked late), which delays public visibility but does not change the nature of the reported actions.