March 10, 2025 · Form 4 insider transaction
Pickett Benjamin M bought 469.58 shares of Nucor Corporation at $133.72 per share, a transaction worth $62.8K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
These common stock units were acquired upon Mr. Pickett's election to defer a portion of his cash award received under the Company's annual incentive plan. Mr. Pickett is immediately vested in 375.66 of these common stock units but will not be vested in the remaining 93.92 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 469.58 units will be distributed to him after his retirement from the Company based upon the following schedule: 33% received three years after retirement, 33% received four years after retirement and 34% received five years after retirement.