NUCOR director receives 755-share stock award
NUCOR CORP director Michael W. Lamach reported an acquisition of 755 shares of Common Stock as a compensation award.
Rhea-AI Filing Summary
NUCOR CORP director Michael W. Lamach reported an acquisition of 755 shares of Common Stock as a compensation award. The award is recorded at a price of $0.0000 per share, reflecting a grant rather than an open-market purchase. Following this award, he holds 4,555 directly owned shares of NUCOR CORP common stock. The filing also shows indirect holdings of 55 shares held by a trust for the benefit of his spouse and 70 shares held by a trust for his benefit. According to the footnote, these shares are tied to restricted stock units that vest immediately upon grant, with the underlying shares issuable to him, or his estate if applicable, as soon as administratively practicable after his service on the board of directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 755 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The shares of common stock reported are issuable to the reporting person or, if applicable, to his or her estate, as soon as administratively practicable after the termination of the reporting person's service on the board of directors. The restricted stock units vest immediately upon grant.
Key Figures
Key Terms
restricted stock units financial
grant, award, or other acquisition financial
indirect ownership financial
trust for Benefit of Spouse financial
trust for Benefit of Reporting Person financial
FAQ
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What did NUCOR CORP director Michael W. Lamach report on this Form 4 for NUE?
How are the restricted stock units for NUCOR CORP structured for Michael W. Lamach?
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