Nucor (NUE) President and COO receives stock awards, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NUCOR CORP President and COO Stephen D. Laxton reported routine equity compensation and related tax withholding transactions. He received 3,528 restricted stock units that will vest in three annual installments starting on June 1, 2027, and a grant of 4,607 employee stock options with a $251.49 exercise price. The filing also shows 6,668 shares of common stock withheld by the company at $250 per share to cover tax liabilities from vesting of earlier restricted stock units, with no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Laxton Stephen D
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 4,607 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,048 | $250.00 | $762K |
| Tax Withholding | Common Stock | 2,401 | $250.00 | $600K |
| Tax Withholding | Common Stock | 1,219 | $250.00 | $305K |
| Grant/Award | Common Stock | 3,528 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 4,607 shares (Direct, null);
Common Stock — 84,335.9 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
Restricted stock units granted: 3,528 units
Stock options granted: 4,607 options
Option exercise price: $251.49 per share
+4 more
7 metrics
Restricted stock units granted
3,528 units
RSUs vesting in three annual installments from June 1, 2027
Stock options granted
4,607 options
Employee stock option grant to buy Nucor common stock
Option exercise price
$251.49 per share
Exercise price for 4,607 employee stock options
Option exercisability date
June 1, 2029
Date options first become exercisable
Option expiration date
May 31, 2036
Expiration of employee stock options
Shares withheld for taxes
6,668 shares
Common shares withheld to cover tax liabilities on prior RSU vesting
Tax withholding price
$250.00 per share
Price used to value shares withheld for tax payments
Key Terms
restricted stock units, Employee Stock Option (right to buy), tax liability, change in control, +1 more
5 terms
restricted stock units financial
"issuable to the reporting person upon vesting of restricted stock units that represent the right"
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.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy)"
tax liability financial
"shares withheld by the Issuer for payment of the tax liability incurred upon the vesting"
change in control financial
"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.
vesting financial
"upon vesting of previously awarded restricted stock units as reported on Form 4"
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 Stephen D. Laxton receive in this Form 4?
Stephen D. Laxton received 3,528 restricted stock units and 4,607 employee stock options. The units convert into common shares upon vesting, while the options allow him to buy Nucor stock at a fixed exercise price of $251.49 per share.
How do the restricted stock units for Nucor (NUE) executive Stephen D. Laxton vest?
The 3,528 restricted stock units vest in three annual installments beginning on June 1, 2027. After each vesting date, Nucor will issue one share of common stock per unit to Laxton or, if applicable, his estate, subject to plan conditions.
What are the terms of Stephen D. Laxton’s new Nucor (NUE) stock options?
Laxton received 4,607 employee stock options, each exercisable for one Nucor common share at $251.49 per share. The options become exercisable starting June 1, 2029 and expire on May 31, 2036, providing a long-dated equity incentive.
Does Stephen D. Laxton’s Nucor (NUE) Form 4 show any open-market stock sales or purchases?
No open-market trades are reported. The transactions consist of equity award grants and shares withheld for taxes. Codes “A” reflect grant or award acquisitions, and codes “F” indicate shares withheld by Nucor to satisfy tax liabilities on previously granted restricted stock units.