Topalian Leon J

Topalian Leon J, serving as Chair, President, and CEO, has demonstrated a clear pattern of insider trading activity primarily centered around two companies: Nucor Corporation (NUE) and PPG Industries (PPG). Over 24 transactions, Topalian has executed significant sales, with a total sell value of $9,935,453.55, compared to a modest total buy value of $1,776,132.87. This imbalance underscores a strong selling bias, particularly in NUE shares, which account for the bulk of the activity. Notably, Topalian’s recent trades have been exclusively sales, with nine transactions since December 2025, including substantial sales of NUE shares on March 23, 2026, valued at $819,484.53 and $1,045,602.21, respectively. The majority of Topalian’s transactions involve NUE, with PPG-related activity limited to smaller, periodic acquisitions of shares, often in pairs, such as the $870.68 acquisitions on March 12, 2026. These PPG transactions appear routine and are likely tied to equity compensation plans. In contrast, NUE trades are more substantial and frequent, with notable sales occurring on February 6, 2024, totaling $1,719,527.17 and $1,287,245.89, and a significant series of sales on July 31, 2025, amounting to $3,031,404.84 and $856,550.57. The lack of recent purchases in NUE further highlights a consistent divestment strategy over the past few years. This pattern suggests a deliberate reduction in Topalian’s holdings in NUE, while maintaining a steady, albeit smaller, stake in PPG.