Nucor (NYSE: NUE) director granted 755 stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gangestad Nicholas C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 755 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,315 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 755 shares
Grant price: $0.00 per share
Shares held after grant: 4,315 shares
+2 more
5 metrics
Shares granted
755 shares
Equity grant on 2026-06-01 coded as award (A)
Grant price
$0.00 per share
Indicates non-cash stock compensation grant
Shares held after grant
4,315 shares
Total direct Nucor common stock holdings after transaction
Transaction code
A (grant, award, or other acquisition)
Non-derivative transaction in Nucor common stock
Transaction date
2026-06-01
Date of stock award to director
Key Terms
restricted stock units, board of directors, Grant, award, or other acquisition, common stock
4 terms
restricted stock units financial
"The restricted stock units vest immediately upon grant."
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.
board of directors financial
"after the termination of the reporting person's service on the board of directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
common stock financial
"The shares of common stock reported are issuable to the reporting person"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Nicholas C. Gangestad report in his Nucor (NUE) Form 4 filing?
Nicholas C. Gangestad reported receiving an equity grant of common stock from Nucor. The filing shows an acquisition coded as a grant or award, rather than a market trade, reflecting standard director compensation in stock-based form tied to restricted stock units.
Was the Nucor (NUE) transaction by Nicholas C. Gangestad a market purchase or a stock award?
The transaction was a stock award, not a market purchase. It is coded as a grant or other acquisition with a $0.00 per share price, indicating equity compensation granted by Nucor rather than shares bought or sold in the open market.
How are the Nucor (NUE) restricted stock units for Nicholas C. Gangestad structured?
The filing states the restricted stock units vest immediately upon grant. The underlying common shares are issuable to Nicholas C. Gangestad, or his estate, as soon as administratively practicable after his service on Nucor’s board of directors terminates, according to the footnote.