Nucor (NUE) EVP Hollatz granted RSUs, options and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NUCOR CORP Executive Vice President John J. Hollatz reported compensation-related equity awards and associated tax withholding transactions. He received 2,875 restricted stock units that each represent the right to receive one share of common stock, vesting in three annual installments commencing on June 1, 2027, with potential acceleration upon death, disability, retirement, or a change in control.
Hollatz was also granted an employee stock option covering 2,303 shares of common stock at an exercise price of $251.49 per share, expiring on May 31, 2036. On the same date, a total of 6,438 shares of common stock were withheld by Nucor at $250.00 per share to satisfy tax liabilities tied to prior restricted share and restricted stock unit vestings. After these transactions, he directly holds 94,990.39 shares of Nucor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Hollatz John J
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,303 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,048 | $250.00 | $762K |
| 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 — 98,380.39 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 shares 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 option grant size: 2,303 shares
Stock option exercise price: $251.49 per share
+5 more
8 metrics
Restricted stock units granted
2,875 units
RSUs representing common shares, vesting from June 1, 2027 in three annual installments
Stock option grant size
2,303 shares
Employee stock option covering common stock
Stock option exercise price
$251.49 per share
Exercise price for employee stock option
Stock option expiration
May 31, 2036
Expiration date of the employee stock option
Shares withheld for taxes
6,438 shares
Total common shares withheld to pay tax liabilities at $250.00 per share
Tax withholding price
$250.00 per share
Value used for withholding transactions on common stock
Shares owned after transactions
94,990.39 shares
Direct Nucor common stock holdings following reported Form 4 transactions
RSU vesting start date
June 1, 2027
First vesting date for 2,875 restricted stock units
Key Terms
restricted stock units, Employee Stock Option, tax liability, change in control, +1 more
5 terms
restricted stock units financial
"previously awarded restricted stock units as reported on Form 4 dated 6/4/24"
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.
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"
change in control financial
"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.
vesting financial
"upon the vesting of previously awarded restricted shares"
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 John J. Hollatz receive?
John J. Hollatz received 2,875 restricted stock units and an employee stock option for 2,303 shares. The option has a $251.49 exercise price and expires on May 31, 2036, adding to his long-term incentive-based compensation.
How do the new restricted stock units for Nucor EVP Hollatz vest?
The 2,875 restricted stock units vest in three annual installments starting on June 1, 2027. Vesting may accelerate if Hollatz’s employment ends due to death, disability or retirement, or upon a change in control of Nucor, providing contingent long-term ownership benefits.
What are the key terms of John J. Hollatz’s new Nucor stock option?
The employee stock option covers 2,303 shares of Nucor common stock at an exercise price of $251.49 per share. It is described as a right to buy common stock and is scheduled to expire on May 31, 2036, subject to applicable plan terms.