Nucor (NYSE: NUE) EVP receives RSU grant, options and tax withholding entries
Rhea-AI Filing Summary
Nucor Corporation Executive Vice President Randy J. Spicer reported routine equity compensation and related tax withholding transactions. He received an award covering 2,875 restricted stock units, each representing the right to receive one share of common stock, vesting in three annual installments starting on June 1, 2027, with possible acceleration upon death, disability, retirement, or a change in control. The company will deliver the underlying shares after vesting.
Spicer was also granted employee stock options on 2,303 shares of common stock at an exercise price of $251.49 per share, exercisable beginning on June 1, 2029 and expiring on May 31, 2036. In connection with the vesting of previously awarded restricted stock units, a total of 1,800 shares of common stock were withheld at $250.00 per share to cover associated tax liabilities. Following these transactions, he holds 18,710.252 shares of Nucor common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,303 | $0.00 | -- |
| Tax Withholding | Common Stock | 340 | $250.00 | $85K |
| Tax Withholding | Common Stock | 471 | $250.00 | $118K |
| Tax Withholding | Common Stock | 989 | $250.00 | $247K |
| Grant/Award | Common Stock | 2,875 | $0.00 | -- |
Footnotes (1)
- Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of restricted stock units awarded on 6/1/23. 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)