Nucor (NUE) EVP receives restricted stock units, options and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nucor Corporation Executive Vice President Benjamin M. Pickett reported routine equity compensation and related tax withholding transactions. He was awarded 1,636 restricted stock units that each represent the right to receive one share of common stock, vesting in three annual installments starting on June 1, 2027, with potential acceleration upon death, disability, retirement, or a change in control. The company also granted him an employee stock option for 1,842 shares of common stock at an exercise price of $251.49 per share, exercisable beginning on June 1, 2029 and expiring on May 31, 2036. To cover tax liabilities from the vesting of previously awarded restricted stock units, 899 shares of common stock were withheld by the issuer at approximately $250.00 per share, which is an administrative disposition rather than an open-market sale. After these transactions, Pickett holds 15,095.43 shares of common stock directly, in addition to the newly granted options and unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Pickett Benjamin M
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 1,842 | $0.00 | -- |
| Tax Withholding | Common Stock | 202 | $250.00 | $51K |
| Tax Withholding | Common Stock | 268 | $250.00 | $67K |
| Tax Withholding | Common Stock | 429 | $250.00 | $107K |
| Grant/Award | Common Stock | 1,636 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 1,842 shares (Direct, null);
Common Stock — 15,792.43 shares (Direct, null)
Footnotes (1)
- Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of restricted stock units awarded on 6/1/23. Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of restricted stock units awarded on 6/1/24. 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. Employee Stock Option (right to buy)
Key Figures
Restricted stock units granted: 1,636 units
Stock options granted: 1,842 options
Option exercise price: $251.49 per share
+3 more
6 metrics
Restricted stock units granted
1,636 units
Award representing right to receive common stock, vests from June 1, 2027
Stock options granted
1,842 options
Employee stock option on common stock
Option exercise price
<money>$251.49</money> per share
Exercise price for 1,842-stock option grant
Option term
Exercisable 2029-06-01 to 2036-05-31
First exercisable June 1, 2029; expiration May 31, 2036
Shares withheld for taxes
899 shares
Tax-withholding on vested restricted stock units at about <money>$250.00</money>/share
Shares owned after transactions
15,095.43 shares
Direct Nucor common stock holdings after reported Form 4 trades
Key Terms
restricted stock units, change in control, Employee Stock Option (right to buy), tax liability, +1 more
5 terms
restricted stock units financial
"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."
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.
change in control financial
"subject to acceleration upon the date of termination ... or upon a change in control of the company."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy)"
tax liability financial
"Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of restricted stock units..."
vesting financial
"The restricted stock units vest in three annual installments commencing on June 1, 2027..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity awards did Nucor (NUE) Executive Vice President Benjamin Pickett receive?
Benjamin Pickett received 1,636 restricted stock units and an employee stock option for 1,842 shares at an exercise price of $251.49 per share. These awards increase his potential future ownership in Nucor, subject to vesting and exercise conditions.
How do Benjamin Pickett’s new restricted stock units at Nucor (NUE) vest?
The restricted stock units vest in three annual installments starting on June 1, 2027. Each unit represents the right to receive one Nucor common share, with vesting potentially accelerating upon death, disability, retirement, or a change in control of the company.
What is the size and key terms of Benjamin Pickett’s new Nucor (NUE) stock option?
Pickett received an employee stock option covering 1,842 Nucor common shares with a $251.49 exercise price. The option becomes exercisable on June 1, 2029 and expires on May 31, 2036, providing long-term equity exposure.