Laxton Stephen D 4
4 · NUCOR CORP · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Nucor President Stephen Laxton Withholds 6,668 Shares for Taxes
What Happened
- Stephen D. Laxton, President and COO of Nucor Corporation (NUE), had a total of 6,668 shares withheld to cover tax liabilities tied to previously awarded restricted stock units. The withholdings occurred on 2026-06-01 in three lots: 3,048 shares at $250.00 each ($762,000), 2,401 shares at $250.00 ($600,250), and 1,219 shares at $250.00 ($304,750) — total value ~$1,667,000.
- On the same date he was reported as receiving new awards: 3,528 shares issued (A) and 4,607 restricted stock units (A, derivative). The RSUs are zero-dollar awards representing the right to receive one share per unit; the 4,607 units vest in three annual installments beginning June 1, 2027 (with usual acceleration provisions).
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely).
- Withheld shares (code F): 3,048 @ $250.00 = $762,000; 2,401 @ $250.00 = $600,250; 1,219 @ $250.00 = $304,750. Total withheld: 6,668 shares, ~$1.667M.
- Awards (code A): 3,528 shares issued; 4,607 RSUs (derivative, vesting over 3 years starting 6/1/2027).
- Footnotes: F1–F3 indicate the withheld shares covered tax liabilities from RSU vestings previously reported in Form 4s dated 6/5/2023, 6/4/2024, and 6/3/2025. F4 explains RSU vesting schedule and issuance mechanics.
- Shares owned after the transactions: not provided in the supplied filing data.
Context
- The disposals were tax-withholding transactions (code F), not open-market sales — a routine administrative step when RSUs vest. The new RSU awards are compensatory and will convert to common stock only as they vest. Such tax withholding does not necessarily indicate a change in the insider’s market view.
Insider Transaction Report
Form 4
NUCOR CORPNUE
Laxton Stephen D
President and COO
Transactions
- Tax Payment
Common Stock
[F1]2026-06-01$250.00/sh−3,048$762,000→ 84,335.9 total - Tax Payment
Common Stock
[F2]2026-06-01$250.00/sh−2,401$600,250→ 81,934.9 total - Tax Payment
Common Stock
[F3]2026-06-01$250.00/sh−1,219$304,750→ 80,715.9 total - Award
Common Stock
[F4]2026-06-01+3,528→ 84,243.9 total - Award
Stock Option
[F5]2026-06-01+4,607→ 4,607 totalExercise: $251.49From: 2029-06-01Exp: 2036-05-31→ Common Stock (4,607 underlying)
Footnotes (5)
- [F1]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 6/5/23.
- [F2]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 6/4/24.
- [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)
Signature
/s/ Caitlin A. Kelly, attorney-in-fact for Mr. Laxton|2026-06-03