Nucor (NUE) EVP Allen C. Behr Exercises Options, Sells Shares

What Happened

• Allen C. Behr, Executive Vice President of Nucor Corporation (NUE), exercised 7,739 employee stock options and immediately sold those shares in open-market transactions on August 14, 2026. The exercise required $857,017 (7,739 shares × $110.74). The subsequent sales generated total gross proceeds of $2,121,578 (two blocks: 5,127 shares and 2,612 shares sold).

Key Details

• Transaction date: 2026-08-14 (reported on Form 4 filed 2026-08-18; filing appears to be within the required 2-business-day window).
• Option exercise: 7,739 shares exercised at $110.74 (footnote F3: Employee Stock Option).
• Sales: 5,127 shares sold at a weighted avg $274.00 for $1,404,804 (prices ranged $273.365–$274.255; see F1); 2,612 shares sold at a weighted avg $274.42 for $716,774 (prices ranged $274.410–$274.450; see F2).
• Reported proceeds: ~$2.12M from sales vs ~$857K exercise cost (gross difference before taxes/fees ≈ $1.26M).
• Post-transaction holdings: Not provided in the excerpt of the filing.
• Footnotes: F1/F2 note weighted-average sale prices and that full per-price breakdown is available on request; F3 confirms these were employee options.
• Transaction codes: M = option exercise; S = open-market sale.

Context

• This is a common "exercise-and-sell" (cashless or same-day sale) pattern where an executive exercises options and sells the resulting shares; it typically reflects option liquidity rather than an explicit buy/sell signal about company outlook. No 10b5-1 plan or tax-withholding specifics are indicated in the provided excerpt.