QUERY KENNETH REX 4

4 · NUCOR CORP · Filed Jun 3, 2026

AI-generated summary of this filing

Updated Jun 3, 2026

Nucor (NUE) EVP Kenneth Rex Receives RSUs; Shares Withheld for Taxes

What Happened

Kenneth Rex, Executive Vice President of Nucor (NUE), received equity awards and had shares withheld to satisfy tax obligations. On 2026-06-01 he was granted 2,875 shares (issued) and 2,303 RSUs (derivative RSUs). On the same date the issuer withheld 6,438 shares to cover tax liabilities related to previously vested restricted stock units; those withheld shares were recorded as disposals at $250.00 per share, totaling $1,609,500.
These actions are not open-market sales or purchases by the insider. The withheld shares represent tax withholding (transaction code F) and the zero-dollar share entries are grants/awards (transaction code A).

Key Details

Transaction date: 2026-06-01; Form filed: 2026-06-03 (appears timely).
Withheld/disposed: 3,048 shares ($762,000), 2,401 shares ($600,250), 989 shares ($247,250) — total 6,438 shares withheld for taxes at $250.00/share = $1,609,500.
Acquired (grants): 2,875 shares @ $0.00 (issued) and 2,303 RSUs @ $0.00 (derivative) — total 5,178 shares/RSUs granted.
Footnotes: F1–F3 indicate the withheld shares relate to tax liabilities from previously awarded RSUs (vests reported on Forms dated 6/5/23, 6/4/24, 6/3/25). F4 clarifies the 2,303 RSUs are derivative units that vest in three annual installments beginning 6/1/2027 (with acceleration in certain termination/change-in-control events). F5 notes employee stock option terminology (not central to these entries).
Shares owned after the transactions are not specified in the provided excerpt.

Context

The disposals are tax-withholding (common when RSUs vest) rather than open-market sales; they do not necessarily indicate a change in insider sentiment. The grants (zero purchase price) are restricted stock units that convert to shares when they vest; the 2,303 RSUs are subject to a multi-year vesting schedule starting in 2027.

Form 4

Period: 2026-06-01

Executive Vice President

Transactions

Tax Payment
Common Stock
[F1]
2026-06-01$250.00/sh−3,048$762,000→ 78,729 total
Tax Payment
Common Stock
[F2]
2026-06-01$250.00/sh−2,401$600,250→ 76,328 total
Tax Payment
Common Stock
[F3]
2026-06-01$250.00/sh−989$247,250→ 75,339 total
Award
Common Stock
[F4]
2026-06-01+2,875→ 78,214 total
Award
Stock Option
[F5]
2026-06-01+2,303→ 2,303 total
Exercise: $251.49From: 2029-06-01Exp: 2036-05-31→ Common 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. Query|2026-06-03

1 file