Leon J. Topalian - 10 Mar 2023 Form 4 Insider Report for NUCOR CORP (NUE)

Role: Chair, President and CEO
Signature: /s/ Caitlin A. Kelly, attorney-in-fact for Mr. Topalian
Issuer symbol: NUE
Transactions as of: 10 Mar 2023
Net transactions value: +$682,500
Form type: 4
Filing time: 13 Mar 2023, 12:54:25 UTC
Previous filing: 22 Feb 2023
Next filing: 15 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NUE	Common Stock	Award	$682,500	+4,066	+2.6%	$167.85	162,857	10 Mar 2023	Direct	F1
holding	NUE	Common Stock						1,296	10 Mar 2023	In Profit Sharing Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These common stock units were acquired upon Mr. Topalian's election to defer a portion of his cash award received under the Company's annual incentive plan. Mr. Topalian is immediately vested in 3,252.90 of these common stock units but will not be vested in the remaining 813.23 common stock units attributable to the incentive feature of the plan until he attains age 55, dies or becomes disabled while employed by Company. These 4,066.13 units will be distributed to Mr. Topalian after his retirement from the Company based upon the following schedule: 50% received three years after retirement and 50% received four years after retirement.
F2	As of March 9, 2023, the reporting person had a balance of $217,540.80 in the Nucor Stock Fund in the Nucor Profit Sharing Plan. The number of shares has been calculated by the plan administrator of such plan.

Content

These common stock units were acquired upon Mr. Topalian's election to defer a portion of his cash award received under the Company's annual incentive plan. Mr. Topalian is immediately vested in 3,252.90 of these common stock units but will not be vested in the remaining 813.23 common stock units attributable to the incentive feature of the plan until he attains age 55, dies or becomes disabled while employed by Company. These 4,066.13 units will be distributed to Mr. Topalian after his retirement from the Company based upon the following schedule: 50% received three years after retirement and 50% received four years after retirement.

As of March 9, 2023, the reporting person had a balance of $217,540.80 in the Nucor Stock Fund in the Nucor Profit Sharing Plan. The number of shares has been calculated by the plan administrator of such plan.