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

Signature
/s/ Caitlin A. Kelly, attorney-in-fact for Mr. Topalian
Stock symbol
NUE
Transactions as of
Mar 10, 2023
Transactions value $
$682,500
Form type
4
Date filed
3/13/2023, 12:54 PM
Previous filing
Feb 22, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUE Common Stock Award $682K +4.07K +2.56% $167.85 163K Mar 10, 2023 Direct F1
holding NUE Common Stock 1.3K Mar 10, 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.