Nucor EVP Allen C. Behr Exercises Options and Sells $3.23M in Stock

Executive Summary

On October 29, 2026, Allen C. Behr, Executive Vice President of Nucor Corporation ($NUE), conducted an option exercise and stock sale. Mr. Behr exercised 10,560 employee stock options at exercise prices of $130.71 and $133.03, and sold a total of 11,846 common shares across three weighted-average tranches ranging from $272.16 to $273.87 per share. The gross proceeds from the open market sales totaled approximately $3.23 million.

Transaction Breakdown

• Option Exercises (Code M):
  • 5,522 shares acquired at $130.71/share.
  • 5,038 shares acquired at $133.03/share.
  • Total exercised: 10,560 shares.
• Open Market Dispositions (Code S):
  • 5,542 shares sold at a weighted average price of $272.1598.
  • 3,348 shares sold at a weighted average price of $273.2714.
  • 2,956 shares sold at a weighted average price of $273.8746.
  • Total shares sold: 11,846 shares for aggregate gross proceeds of $3,232,795.58.

Impact on Insider Holdings

Prior to the transactions, Mr. Behr held 59,308.16 shares. Following the net effect of exercising 10,560 options and disposing of 11,846 shares, his direct beneficial ownership decreased modestly by 1,286 shares to 58,022.16 shares (a net reduction of ~2.2% in equity holdings).

Market & Insider Context

Because the sale was predominantly structured around the exercise and liquidation of expiring or vested employee stock options, the transaction represents standard liquidity generation rather than an aggressive divestment of core holdings. Trading significance is assessed as Medium due to the multi-million dollar volume.