Nucor EVP gets equity awards, tax shares withheld
Nucor Corp Executive Vice President David A. Sumoski reported equity compensation awards and related tax withholdings, not open-market trades.
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Form Type
4
Rhea-AI Filing Summary
Nucor Corp Executive Vice President David A. Sumoski reported equity compensation awards and related tax withholdings, not open-market trades. He received restricted stock units representing 3,528 shares of common stock, which vest in three annual installments beginning on June 1, 2027, with potential acceleration upon death, disability, retirement, or change in control. He was also granted an employee stock option for 4,607 shares of common stock at an exercise price of $251.49 per share, expiring on May 31, 2036. To cover tax liabilities from earlier restricted stock unit vestings, the company withheld a total of 6,668 shares at $250 per share. After these transactions, Sumoski directly owns 236,670.88 shares of Nucor common stock.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Sumoski David A
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 4,607 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,048 | $250.00 | $762K |
| Exercise Price or Tax Liability | Common Stock | 2,401 | $250.00 | $600K |
| Exercise Price or Tax Liability | Common Stock | 1,219 | $250.00 | $305K |
| Grant/Award | Common Stock | 3,528 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 4,607 contracts (Direct);
Common Stock — 240,198.88 shares (Direct)
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)
Key Figures
Restricted stock units granted: 3,528 shares
Shares withheld for taxes: 6,668 shares at $250
Direct common stock holdings: 236,670.88 shares
+4 more
7 metrics
Restricted stock units granted
3,528 shares
Units representing common stock, vesting from June 1, 2027
Shares withheld for taxes
6,668 shares at $250
Tax liability on prior RSU vestings
Direct common stock holdings
236,670.88 shares
Shares held after reported transactions
Stock options granted
4,607 options
Employee stock option right to buy common stock
Option exercise price
$251.49 per share
Strike price of new stock option grant
Option expiration
May 31, 2036
Expiration date of employee stock option
RSU vesting start date
June 1, 2027
First of three annual RSU vesting installments
Key Terms
restricted stock units, tax liability, change in control, Employee Stock Option (right to buy), +1 more
5 terms
restricted stock units financial
"issuable to the reporting person upon vesting of restricted stock units that represent the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"withheld by the Issuer for payment of the tax liability incurred upon the vesting of previously awarded restricted stock units"
change in control financial
"subject to acceleration upon the date of termination of the reporting person's employment ... or upon a change in control of the company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price": "251.4900""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nucor (NUE) Executive Vice President David Sumoski report in this Form 4?
David Sumoski reported routine equity compensation changes, including new restricted stock units, a stock option grant, and shares withheld for taxes. The filing shows awards and tax-related dispositions, not any open-market buying or selling of Nucor shares.
When do David Sumoski’s newly reported restricted stock units in Nucor vest?
The restricted stock units vest in three annual installments starting June 1, 2027. Vesting can accelerate if Sumoski’s employment ends due to death, disability, retirement, or if there is a change in control of Nucor, according to the award terms.
What stock option grant did David Sumoski receive from Nucor in this filing?
Sumoski received an employee stock option for 4,607 shares of Nucor common stock at an exercise price of $251.49 per share. The option is described as a right to buy shares and is scheduled to expire on May 31, 2036, if not exercised.
Are David Sumoski’s reported Nucor transactions open‑market trades?
No, the transactions are equity grants and tax withholdings connected to restricted stock units and options. The Form 4 shows compensation-related awards and company-withheld shares for taxes, rather than discretionary open-market purchases or sales of Nucor stock by Sumoski.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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