Nucor (NUE) EVP awarded RSUs and options, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NUCOR CORP Executive Vice President Kenneth Rex Query reported equity compensation and related tax withholding transactions. He received 2,875 shares tied to restricted stock units that will convert into common stock in three annual installments starting on June 1, 2027, with potential acceleration upon death, disability, retirement, or a change in control. He was also granted stock options on 2,303 shares at an exercise price of $251.49, exercisable beginning June 1, 2029 and expiring May 31, 2036. In separate F-code entries, a total of 6,438 shares of common stock were withheld at $250 per share to cover tax liabilities from prior restricted stock unit vesting events, which are not open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
QUERY KENNETH REX
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,303 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,048 | $250.00 | $762K |
| Tax Withholding | Common Stock | 2,401 | $250.00 | $600K |
| Tax Withholding | Common Stock | 989 | $250.00 | $247K |
| Grant/Award | Common Stock | 2,875 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 2,303 shares (Direct, null);
Common Stock — 78,729 shares (Direct, null)
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. Employee Stock Option (right to buy)
Key Figures
RSU-linked common shares granted: 2,875 shares
Stock options granted: 2,303 options
Option exercise price: $251.49 per share
+4 more
7 metrics
RSU-linked common shares granted
2,875 shares
Restricted stock units, vesting in three annual installments from June 1, 2027
Stock options granted
2,303 options
Employee stock options on common stock
Option exercise price
$251.49 per share
Employee stock option strike price
Option exercisability date
June 1, 2029
First date options become exercisable
Option expiration date
May 31, 2036
Employee stock option expiration
Shares withheld for taxes
6,438 shares
F-code tax withholding on RSU vesting at $250 per share
Tax withholding price
$250.00 per share
Value used for F-code tax-withholding dispositions
Key Terms
restricted stock units, change in control, Employee Stock Option (right to buy), tax liability, +1 more
5 terms
restricted stock units financial
"Represents shares withheld by the Issuer for payment of the tax liability incurred upon the vesting of previously awarded restricted stock units"
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 of the reporting person's employment ... 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
"for payment of the tax liability incurred upon the vesting of previously awarded 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 Kenneth Rex Query receive?
Kenneth Rex Query received 2,875 shares tied to restricted stock units and 2,303 stock options. The options have a $251.49 exercise price, become exercisable starting June 1, 2029, and expire May 31, 2036, reflecting routine long-term incentive compensation.
How do the new restricted stock units for NUCOR (NUE) vest for Kenneth Rex Query?
The restricted stock units vest in three annual installments beginning June 1, 2027. Vesting can accelerate if his employment ends due to death, disability, retirement, or if a change in control occurs, after which common shares are issued as soon as administratively practicable.
What do the F-code transactions mean in the NUCOR (NUE) Form 4 for Kenneth Rex Query?
F-code transactions represent shares withheld to cover taxes on vesting awards. Here, Nucor withheld a total of 6,438 shares at $250 per share for tax liabilities on restricted stock units that vested in 2023, 2024, and 2025, as noted in the footnotes.
What is the significance of the new stock options granted to NUCOR (NUE) executive Kenneth Rex Query?
He received options on 2,303 shares with a $251.49 exercise price, exercisable from June 1, 2029 until May 31, 2036. These options provide long-term upside if the share price exceeds the strike, aligning compensation with future performance.