NUCOR CORP 8-K

What Happened

• Nucor Corporation announced that on February 19, 2026 its Board elected John L. “Jack” Sullivan (age 52) as Chief Financial Officer, Treasurer and Executive Vice President, effective March 1, 2026. He succeeds Stephen D. Laxton as CFO; Laxton will remain President and Chief Operating Officer.
• Sullivan joined Nucor in 2022, was promoted in 2025 to Vice President, Treasurer and General Manager of Investor Relations, and previously worked 13 years at Duke Energy and nine years in corporate/investment banking at Bank of America. He holds a B.A. from UNC–Chapel Hill and an MBA from Wake Forest.

Key Details

• Effective March 1, 2026, Sullivan’s annual base salary will be $680,000.
• He will continue participation in Nucor’s Senior Officers Annual Incentive Plan and Long-Term Incentive Plan, with in-progress awards prorated to reflect his promotion and higher salary.
• He will begin participation in Nucor’s Supplemental Retirement Plan for Executive Officers and remain eligible for equity awards under the Nucor 2025 Omnibus Incentive Compensation Plan.
• Company reports no related-party transactions or family relationships requiring disclosure.

Why It Matters

• This is a leadership change at the finance level: a permanent CFO appointment clarifies stewardship of Nucor’s financial strategy and reporting. Investors should note the compensation and incentive alignment that accompanies the promotion (higher base salary plus continued incentive and equity participation).
• The filing confirms continuity—Laxton stays on as President and COO—and indicates no disclosureable conflicts or related-party transactions tied to the appointment.