Laxton Stephen D 4

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.