Needham Daniel R. 4

What Happened

• Daniel R. Needham, Executive Vice President of Nucor Corporation, was granted 1,425.9 common stock units on 2026-03-10 at an implied price of $169.47 per unit, for a total value of $241,647. The transaction is reported as an award/acquisition (code A), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-03-10 at $169.47 per unit (total $241,647).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Units were acquired when Mr. Needham elected to defer part of his cash annual incentive award. He is immediately vested in these common stock units, but distribution occurs after his retirement on a schedule: 10% two years after retirement, 30% three years, 30% four years, and 30% five years after retirement.
• Timeliness: Reported on 2026-03-12 for a 2026-03-10 transaction; appears to have been filed within the standard Form 4 reporting window.

Context

• This was a compensation deferral into common stock units rather than a market purchase — the units were awarded in lieu of immediate cash and will be distributed only after Mr. Needham retires per the schedule above. This type of transaction reflects how executives can receive incentive pay tied to company equity but does not represent an open‑market buy or sale.