4/A: Nucor Executive Vice President Corrects Stock Transaction Date in Amended SEC Filing
SEC Form 4 Amendment
Nucor's Executive Vice President, D. Chad Utermark, amended a previous SEC filing to correct the transaction date of a stock disposal.
Summary
- D. Chad Utermark, an Executive Vice President at Nucor Corp, filed an amended Form 4 with the SEC.
- The amendment corrects the transaction date of a disposal of 3,500 shares of Nucor common stock.
- The original filing incorrectly stated the transaction date as November 5, 2024, but the correct date is November 21, 2024.
- The disposal of shares was a gift, with a price of $0 per share.
- Following the transaction, Mr. Utermark beneficially owns 212,019.7 shares of Nucor common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating no significant positive or negative sentiment. It is a neutral event.
Industry Context
This is a routine SEC filing related to changes in beneficial ownership by a company executive, which is common practice for publicly traded companies.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders across all publicly traded companies.
- The correction of a transaction date via an amended filing (Form 4/A) is also a common occurrence when errors are identified in the original filing.
- Similar filings can be seen from executives at companies like US Steel (X) and Steel Dynamics (STLD), which are Nucor's main competitors in the steel industry.
Stakeholder Impact
- The correction of the transaction date has no material impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/05/2024 | Incorrect transaction date reported in the original Form 4 filing. |
| 11/07/2024 | Date of the original Form 4 filing with the incorrect transaction date. |
| 11/21/2024 | Corrected transaction date for the disposal of Nucor stock. |
| 11/22/2024 | Date of the amended Form 4/A filing. |
Keywords
SEC Filing, Form 4, Nucor Corp, Stock Transaction, Beneficial Ownership, Executive Vice President, D. Chad Utermark, Amendment
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