Form 4: Nucor CEO Leon Topalian Reports Share Acquisition and Disposal
SEC Form 4
Nucor Corp's Chair, President, and CEO, Leon J. Topalian, reports acquiring and disposing of common stock, as well as indirect ownership through a profit-sharing plan.
Summary
- Leon J. Topalian, Chair, President, and CEO of Nucor Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 17, 2025, Topalian acquired 31,274 shares of common stock.
- On the same date, Topalian disposed of 1,342.12 shares of common stock held indirectly through a profit-sharing plan.
- Following these transactions, Topalian directly owns 194,410.03 shares of Nucor common stock.
- Topalian also has indirect ownership through the Nucor Profit Sharing Plan, with a balance of $184,903.92 in the Nucor Stock Fund as of February 14, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports transactions without expressing opinions or forecasts.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding the executive's stake in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stock ownership.
- The transactions may have a minor impact on the stock price, depending on market perception.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Reporting person had a balance of $184,903.92 in the Nucor Stock Fund in the Nucor Profit Sharing Plan |
| 02/17/2025 | Date of transaction: acquisition and disposal of Nucor common stock. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Nucor, Topalian, Beneficial Ownership, Form 4, Stock, Shares, Profit Sharing Plan
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