Form 4: Nucor Executive Vice President Douglas J. Jellison Reports Stock Sales
SEC Form 4
Executive Vice President Douglas J. Jellison reported the sale of Nucor Corp (NUE) common stock on March 21 and 22, 2024, resulting in an adjusted beneficial ownership.
Summary
- On March 21, 2024, Douglas J. Jellison, an Executive Vice President at Nucor Corp (NUE), sold multiple blocks of common stock at prices ranging from $193.3404 to $193.59.
- The transactions resulted in the disposal of 16,342 shares on March 21, 2024.
- On March 22, 2024, Jellison disposed of 772 shares of common stock at $0.
- Following these transactions, Jellison's directly held beneficial ownership of Nucor common stock decreased to 119,965.94 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies and are often scrutinized by investors for insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- Shareholders may react to the stock sales, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of multiple transactions involving the sale of Nucor common stock. |
| 03/22/2024 | Date of transaction involving the disposal of Nucor common stock. |
| 03/25/2024 | Date of signature on the report by attorney-in-fact. |
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