Nucor director awarded 755 stock units
Director Nicholas C. Gangestad reported receiving an equity award from Nucor Corporation.
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Rhea-AI Filing Summary
Director Nicholas C. Gangestad reported receiving an equity award from Nucor Corporation. He acquired 755 shares of common stock at a stated price of $0.00 per share as a grant, rather than an open-market purchase. According to the footnote, these shares are tied to restricted stock units that vest immediately but are issued in stock to him, or his estate, after his service on the board of directors ends. After this award, he directly holds 4,315 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 755 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares of common stock reported are issuable to the reporting person or, if applicable, to his or her estate, as soon as administratively practicable after the termination of the reporting person's service on the board of directors. The restricted stock units vest immediately upon grant.
Key Figures
Key Terms
restricted stock units financial
board of directors financial
Grant, award, or other acquisition financial
common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nicholas C. Gangestad report in his Nucor (NUE) Form 4 filing?
Was the Nucor (NUE) transaction by Nicholas C. Gangestad a market purchase or a stock award?
How are the Nucor (NUE) restricted stock units for Nicholas C. Gangestad structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.