Nucor (NUE) CEO Leon Topalian reports new stock grants and tax withholdings
Rhea-AI Filing Summary
Nucor Corp Chair and CEO Leon J. Topalian reported routine equity compensation and related tax withholding transactions in company common stock. On June 1, 2026, he received 12,028 shares of common stock as a grant and 18,429 stock options with a $251.49 exercise price, each option tied to one share.
The options are issuable upon vesting of restricted stock units that vest in three annual installments starting on June 1, 2027, with potential acceleration upon death, disability, retirement, or change in control. The filing also shows 17,715 shares withheld by Nucor at $250.00 per share to cover tax liabilities from previously reported restricted stock unit vestings in 2023, 2024, and 2025.
After these transactions, Topalian directly held 126,126.47 shares of common stock, plus 1,356.52 shares held indirectly through the Nucor Profit Sharing Plan, where his plan balance was $334,341.65 as of May 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 18,429 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,620 | $250.00 | $1.91M |
| Tax Withholding | Common Stock | 6,003 | $250.00 | $1.50M |
| Tax Withholding | Common Stock | 4,092 | $250.00 | $1.02M |
| Grant/Award | Common Stock | 12,028 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
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. As of May 27, 2026, the reporting person had a balance of $334,341.65 in the Nucor Stock Fund in the Nucor Profit Sharing Plan. The number of shares has been calculated by the plan administrator of such plan. Employee Stock Option (right to buy)