Nucor (NYSE: NUE) VP receives 717-share stock award as 827 shares withheld
Rhea-AI Filing Summary
Nucor Corp vice president and corporate controller Michael D. Keller reported routine equity compensation activity involving company common stock. On June 1, 2026, he acquired 717 shares at $0.00 per share as a stock award tied to restricted stock units.
The footnotes explain that the 717 shares are issuable upon vesting of restricted stock units that will vest in three annual installments starting on June 1, 2027, with potential acceleration upon death, disability, retirement, or a change in control. On the same date, a total of 827 shares at $250.00 per share were withheld by Nucor to cover tax liabilities from prior restricted stock unit vestings, which is recorded as three separate tax-withholding dispositions rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 312 | $250.00 | $78K |
| Tax Withholding | Common Stock | 268 | $250.00 | $67K |
| Tax Withholding | Common Stock | 247 | $250.00 | $62K |
| Grant/Award | Common Stock | 717 | $0.00 | -- |
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.