Nucor (NUE) EVP Daniel Needham granted stock, options and tax-share withholding
Rhea-AI Filing Summary
NUCOR CORP Executive Vice President Daniel R. Needham reported compensation-related equity activity in company stock. He received an award of 2,875 shares of common stock tied to restricted stock units that will vest in three annual installments beginning on June 1, 2027, with potential acceleration upon death, disability, retirement or a change in control. He was also granted employee stock options on 2,303 shares of common stock with an exercise price of $251.49 per share, exercisable starting on June 1, 2029. In separate entries, a total of 6,438 shares were withheld by Nucor at a value of $250 per share to cover tax liabilities from vesting of previously awarded restricted stock units, rather than sold on the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,563 shares
Net Sell
5 txns
Insider
Needham Daniel R.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,303 | $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 | 989 | $250.00 | $247K |
| Grant/Award | Common Stock | 2,875 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 2,303 shares (Direct);
Common Stock — 86,161.27 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
Common stock grant: 2,875 shares
Tax-withheld shares total: 6,438 shares
Tax withholding share value: $250 per share
+4 more
7 metrics
Common stock grant
2,875 shares
Equity award tied to restricted stock units
Tax-withheld shares total
6,438 shares
Withheld to cover RSU tax liabilities
Tax withholding share value
<money>$250</money> per share
Value used for RSU tax withholding
Stock options granted
2,303 options
Employee stock option grant on common stock
Option exercise price
<money>$251.49</money> per share
Strike price for new options
Option first exercisable date
<date>June 1, 2029</date>
Start of option exercisability period
Option expiration date
<date>May 31, 2036</date>
Expiration of employee stock options
Key Terms
restricted stock units, tax liability, change in control, Employee Stock Option (right to buy), +1 more
5 terms
restricted stock units financial
"restricted stock units that represent the right to receive one share of common stock"
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
"for payment of the tax liability incurred upon the vesting of previously awarded restricted stock units"
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.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy)"
vesting financial
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did Nucor (NUE) Executive Vice President Daniel R. Needham report on this Form 4?
Daniel R. Needham reported equity compensation activity, including stock and option grants plus tax withholding. He received 2,875 shares of common stock and 2,303 stock options, while 6,438 shares were withheld by Nucor to cover tax liabilities from earlier restricted stock unit vesting.
When do Daniel R. Needham’s new Nucor (NUE) restricted stock units vest?
The restricted stock units vest in three annual installments starting on June 1, 2027. Vesting may accelerate if his employment ends due to death, disability or retirement, or if there is a change in control of Nucor, according to the disclosed vesting terms.
What stock options did Daniel R. Needham receive from Nucor (NUE)?
He received employee stock options covering 2,303 shares of Nucor common stock at an exercise price of $251.49 per share. The options become exercisable beginning June 1, 2029, and are scheduled to expire on May 31, 2036, if not exercised earlier.
Were any of Daniel R. Needham’s Nucor (NUE) transactions open-market sales or purchases?
The reported entries are compensation grants and tax-withholding dispositions, not open-market trades. A total of 6,438 shares were withheld by Nucor at $250 per share to pay tax liabilities on prior restricted stock unit vesting, according to the transaction codes and footnotes.