NUCOR CORP 8-K/A

What Happened
Nucor Corporation announced that it and David A. Sumoski entered into a Retirement, Separation, Waiver and Release Agreement on May 28, 2026, under which Mr. Sumoski will retire from employment effective June 13, 2026 and resign from all positions he holds with Nucor and its subsidiaries. In exchange for a comprehensive release of claims and agreeing to post-employment restrictions, Nucor will pay Mr. Sumoski monthly payments of $308,850.56 for 24 months following his retirement.

Key Details

• Retirement Agreement dated May 28, 2026; retirement and resignation effective June 13, 2026.
• Monthly payments: $308,850.56 for 24 months (total ≈ $7,412,413.44).
• Post-employment restrictions for 24 months: non-compete, confidentiality/trade-secret protection, non-solicitation of customers/suppliers and employees, non-disparagement.
• Mr. Sumoski agreed to assign to the company any inventions, designs or ideas conceived during his employment. The agreement incorporates surviving provisions of his January 1, 2021 Executive Employment Agreement.

Why It Matters
This filing notifies investors of a senior executive departure and the associated financial and contractual terms. The company will incur roughly $7.4 million in direct cash payments over two years and gain contractual protections (non-compete, confidentiality, non-solicit) intended to protect its business after the executive leaves. Investors should view this as a routine executive transition disclosure that clarifies post-employment obligations and cash commitments.