Form 4: Nucor Executive Vice President Sells Shares in Open Market Transaction
SEC Form 4 Filing
Nucor's Executive Vice President, Allen C. Behr, sold 4,968 shares of common stock at an average price of $159.7161 per share on November 11, 2024.
Summary
- Allen C. Behr, an Executive Vice President at Nucor Corp, sold 4,968 shares of Nucor common stock on November 11, 2024.
- The sale was executed at a weighted average price of $159.7161 per share.
- The shares were sold in multiple transactions with prices ranging from $159.6700 to $159.7800.
- Following the transaction, Mr. Behr directly owns 85,376.16 shares of Nucor common stock.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a stock sale by an executive, with no indication of positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction and does not necessarily indicate a change in the company's outlook or performance. It is common for executives to sell shares for personal financial management.
Comparison to Industry Standards
- Executive stock sales are a common occurrence in publicly traded companies.
- These transactions are typically disclosed via SEC Form 4 filings.
- The volume of shares sold is relatively small compared to the total outstanding shares of Nucor.
- The price range of the sale is within the normal trading range for Nucor stock.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 11/11/2024 | Date of the stock sale transaction. |
| 11/13/2024 | Date the SEC Form 4 was signed. |
Keywords
Nucor, Executive Vice President, Allen C. Behr, stock sale, insider trading, SEC Form 4, common stock
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