NUCOR CORP·4

Jun 3, 2:32 PM ET

Needham Daniel R. 4

4 · NUCOR CORP · Filed Jun 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Nucor EVP Daniel Needham Surrenders Shares for Taxes, Receives RSUs

What Happened

  • Daniel R. Needham, Executive Vice President of Nucor (NUE), had 6,438 shares withheld by the company to satisfy tax liabilities related to prior restricted stock unit vesting (disposals at $250.00 per share, total $1,609,500). On the same date he was granted a total of 5,178 shares/RSUs (2,875 shares and 2,303 RSUs) at $0.00 (awards/derivative awards).

Key Details

  • Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely).
  • Withheld/disposed (tax withholding): 3,048 shares (F1) = $762,000; 2,401 shares (F2) = $600,250; 989 shares (F3) = $247,250. Total withheld: 6,438 shares for $1,609,500.
  • Awards/acquisitions: 2,875 shares (A) and 2,303 RSUs/derivative units (A, derivative) granted at $0.00 (total 5,178).
  • Shares owned after the transactions: not stated in the excerpt of the filing.
  • Footnotes: F1–F3 indicate the withheld shares paid tax from prior RSU vestings reported on Form 4s dated 6/5/23, 6/4/24, and 6/3/25. F4 explains the RSUs vest in three annual installments beginning June 1, 2027 (shares issued when vested). F5 notes employee stock option disclosure exists in the filing set but no option exercise reported here.
  • Transaction codes: F = tax withholding (disposition), A = award/acquisition (includes derivative RSUs).

Context

  • These were not open-market sales but routine share withholding by the issuer to cover tax liabilities upon RSU vesting — a common administrative action that does not necessarily signal selling for cash or market sentiment.
  • The 2,303-unit entry is a derivative RSU award that vests over three years starting June 1, 2027; the awarded units convert to common shares when they vest and are issued thereafter.

Insider Transaction Report

Form 4
Period: 2026-06-01
Needham Daniel R.
Executive Vice President
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-06-01$250.00/sh3,048$762,00086,676.27 total
  • Tax Payment

    Common Stock

    [F2]
    2026-06-01$250.00/sh2,401$600,25084,275.27 total
  • Tax Payment

    Common Stock

    [F3]
    2026-06-01$250.00/sh989$247,25083,286.27 total
  • Award

    Common Stock

    [F4]
    2026-06-01+2,87586,161.27 total
  • Award

    Stock Option

    [F5]
    2026-06-01+2,3032,303 total
    Exercise: $251.49From: 2029-06-01Exp: 2036-05-31Common Stock (2,303 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. Needham|2026-06-03

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT