Nucor President & COO Stephen D. Laxton Disposes of $2.9M in Option Exercise & Sale

Executive Summary

On November 3, 2026, Stephen D. Laxton, President and COO of Nucor Corp ($NUE), executed employee stock options to acquire 10,560 shares of Common Stock and immediately sold all 10,560 shares in the open market, generating gross proceeds of approximately $2.90 million.

Transaction Details

• Option Exercises (Code M):
  • Exercised 5,522 stock options with an exercise price of $130.71 per share.
  • Exercised 5,038 stock options with an exercise price of $133.03 per share.
  • Total option exercise cost: approximately $1,392,080.36.
• Open Market Dispositions (Code S):
  • Sold 5,522 shares at an average price of $275.1479.
  • Sold 4,838 shares at an average price of $274.79.
  • Sold 200 shares at an average price of $274.995.
  • Total gross sale proceeds: $2,903,799.72.
  • Net realized pre-tax profit from exercise and sale: ~$1,511,719.36.

Holding & Sentiment Impact

Because Mr. Laxton sold exactly the number of shares received via the option exercises, his core direct ownership of Nucor Common Stock remained unchanged at 77,866.9 shares. Consequently, this represents standard executive compensation realization rather than a reduction in existing equity exposure.