Nucor (NUE) EVP Noah Hanners awarded RSUs, options and settles tax shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nucor Corporation Executive Vice President Noah C. Hanners reported equity compensation changes. He received 2,875 restricted stock units that each represent the right to one share of common stock. According to the terms, these units vest in three annual installments starting on June 1, 2027, with potential accelerated vesting upon death, disability, retirement, or a change in control of the company.
Hanners also received an employee stock option grant covering 2,303 shares of common stock at an exercise price of $251.49 per share, exercisable beginning June 1, 2029 and expiring May 31, 2036. The issuer withheld a total of 3,989 common shares at $250.00 per share to cover tax liabilities tied to the vesting of previously awarded restricted stock units. After these transactions, Hanners directly holds 46,388.06 shares of Nucor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Hanners Noah C
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,303 | $0.00 | -- |
| Tax Withholding | Common Stock | 599 | $250.00 | $150K |
| Tax Withholding | Common Stock | 2,401 | $250.00 | $600K |
| Tax Withholding | Common Stock | 989 | $250.00 | $247K |
| Grant/Award | Common Stock | 2,875 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 2,303 shares (Direct, null);
Common Stock — 49,778.06 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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. Employee Stock Option (right to buy)
Key Figures
Restricted stock units granted: 2,875 units
Stock options granted: 2,303 options
Option exercise price: $251.49 per share
+3 more
6 metrics
Restricted stock units granted
2,875 units
Common stock equivalents vesting in three annual installments from June 1, 2027
Stock options granted
2,303 options
Employee stock option, $251.49 exercise price, exercisable June 1, 2029
Option exercise price
$251.49 per share
Employee stock option on Nucor common stock expiring May 31, 2036
Shares withheld for taxes
3,989 shares
Common shares withheld to pay tax liabilities on RSU vesting at $250.00
Tax withholding share price
$250.00 per share
Value used for shares withheld to cover RSU-related tax liabilities
Direct common shares after transactions
46,388.06 shares
Noah Hanners’ direct Nucor common stock holdings after reported transactions
Key Terms
restricted stock units, change in control, Employee Stock Option, tax liability, +1 more
5 terms
restricted stock units financial
"Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of previously awarded restricted stock units"
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.
change in control financial
"subject to acceleration upon the date of termination ... 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 financial
"Employee Stock Option (right to buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
tax liability financial
"for payment of the tax liability incurred upon the vesting of previously awarded restricted stock units"
vesting financial
"The restricted stock units vest in three annual installments commencing on June 1, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity awards did Nucor (NUE) EVP Noah Hanners receive in this Form 4?
Noah Hanners received 2,875 restricted stock units and an employee stock option for 2,303 shares at an exercise price of $251.49. These awards increase his potential future ownership, subject to vesting and exercise conditions described in the filing’s footnotes.
How do Noah Hanners' new Nucor (NUE) restricted stock units vest?
The 2,875 restricted stock units vest in three annual installments beginning June 1, 2027. Vesting may accelerate if his employment ends due to death, disability, retirement, or if there is a change in control of Nucor, as outlined in the award terms.
What are the key terms of the Nucor (NUE) stock options granted to Noah Hanners?
Hanners received employee stock options on 2,303 shares of Nucor common stock with a $251.49 exercise price. These options become exercisable on June 1, 2029 and expire on May 31, 2036, providing a long-dated right to purchase shares at the fixed price.