Director at Nucor (NUE) granted 755 shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NUCOR CORP director Patrick Dempsey received an equity award of 755 shares of Common Stock as board compensation. The transaction is coded as a grant or award acquisition at a price of $0.00 per share and is not an open-market purchase.
Following this award, Dempsey directly holds a total of 18,325 shares of Nucor common stock. According to the footnote, these shares are tied to restricted stock units that vest immediately upon grant, but the underlying shares are issuable as soon as administratively practicable after his service on the board of directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dempsey Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 755 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,325 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award: 755 shares
Award price per share: $0.00 per share
Shares held after transaction: 18,325 shares
3 metrics
Equity award
755 shares
Grant of Nucor common stock to director Patrick Dempsey
Award price per share
$0.00 per share
Grant, award, or other acquisition transaction
Shares held after transaction
18,325 shares
Patrick Dempsey direct ownership following the grant
Key Terms
Grant, award, or other acquisition, restricted stock units, Common Stock
3 terms
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
restricted stock units financial
"The restricted stock units vest immediately upon grant."
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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Nucor (NUE) director Patrick Dempsey report in this Form 4?
Patrick Dempsey reported receiving a grant of 755 shares of Nucor common stock as compensation. The award was recorded at $0.00 per share and classified as a grant or award acquisition, rather than an open-market stock purchase or sale.
Was Patrick Dempsey’s Nucor (NUE) stock transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was coded as a grant, award, or other acquisition of 755 shares at $0.00 per share, representing equity compensation for board service rather than an open-market trade by Patrick Dempsey.
How do the restricted stock units for Patrick Dempsey’s Nucor (NUE) award vest?
The filing notes that the restricted stock units vest immediately upon grant. However, the underlying common shares are issuable to Patrick Dempsey, or his estate if applicable, as soon as administratively practicable after his service on Nucor’s board of directors ends.
Does the Nucor (NUE) Form 4 indicate any remaining derivative securities for Patrick Dempsey?
The insider data shows no remaining derivative securities for Patrick Dempsey in this filing. The derivative summary is empty, and the reported transaction involves only non-derivative Nucor common stock received as a compensation-related equity grant.