Nucor (NYSE: NUE) CEO defers bonus into 2,037.56 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nucor Corp Chair and CEO Leon J. Topalian reported a compensation-related equity award. On March 10, 2026, he acquired 2,037.5600 common stock units at $169.4700 per unit by electing to defer a portion of his cash award under the company’s annual incentive plan.
He is immediately vested in these common stock units, which will be distributed after his retirement, with 50% paid three years after retirement and 50% four years after retirement. Following this award, his direct common stock holdings totaled 159,141.4700 shares, and an indirect account in the Nucor Profit Sharing Plan showed 1,359.9400 shares, tied to a $229,490.15 balance in the Nucor Stock Fund as of March 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Topalian Leon J
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,037.56 | $169.47 | $345K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 159,141.47 shares (Direct);
Common Stock — 1,359.94 shares (Indirect, In Profit Sharing Plan)
Footnotes (1)
- These common stock units were acquired upon Mr. Topalian's election to defer a portion of his cash award received under the Company's annual incentive plan. Mr. Topalian is immediately vested in these common stock units, which will be distributed to him after his retirement from the Company based upon the following schedule: 50% received three years after retirement and 50% received four years after retirement. As of March 6, 2026, the reporting person had a balance of $229,490.15 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
FAQ
What did Nucor (NUE) CEO Leon Topalian report in this Form 4 filing?
Nucor CEO Leon J. Topalian reported receiving 2,037.5600 common stock units as a compensation-related award. These units came from deferring part of his annual incentive cash award into stock-based units rather than taking the full amount in cash.
What is the nature of the 2,037.5600 Nucor common stock units granted to the CEO?
The 2,037.5600 units are common stock units acquired by deferring a portion of the CEO’s annual incentive cash award. He is immediately vested in these units, which represent deferred compensation rather than an open-market share purchase transaction.
When will Leon Topalian receive the deferred Nucor common stock units reported here?
Leon Topalian will receive the common stock units only after his retirement from Nucor. The distribution schedule provides 50% of the units three years after retirement and the remaining 50% four years after retirement, spreading the payout over two post-retirement dates.
What does the Nucor Profit Sharing Plan balance indicate for CEO Leon Topalian?
As of March 6, 2026, Leon Topalian had a $229,490.15 balance in the Nucor Stock Fund within the Nucor Profit Sharing Plan. The plan administrator calculated this balance as equivalent to 1,359.9400 shares held indirectly through the profit-sharing arrangement.