March 10, 2024 · Form 4 insider transaction
Needham Daniel R. bought 2,324.08 shares of Nucor Corporation at $185.82 per share, a transaction worth $431.9K. 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. Needham's election to defer a portion of his cash award received under the Company's annual incentive plan. Mr. Needham is immediately vested in these common stock units, which will be distributed to him after his retirement from the Company based upon the following schedule: 10% received two years after retirement, 30% received three years after retirement, 30% received four years after retirement, and 30% received five years after retirement.