Stephen D. Laxton, President and Chief Operating Officer of Nucor Corp, filed a Form 4 on November 4, 2026, disclosing the exercise of two stock option grants and the sale of common shares on November 3, 2026.

Key Highlights

  • Reporting person: Stephen D. Laxton, identified in the filing as President and COO of Nucor Corp (NYSE:NUE).
  • First option exercise: 5,522 shares acquired via exercise of a stock option at $130.71 per share on November 3, 2026, with an expiration date of May 31, 2032.
  • Second option exercise: 5,038 shares acquired via exercise of a stock option at $133.03 per share on November 3, 2026, with an expiration date of May 31, 2033.
  • Shares sold: 5,522 shares disposed of at $275.1479, 4,838 shares at $274.79, and 200 shares at $274.995, all on November 3, 2026.
  • Resulting ownership: Following all reported transactions, Laxton directly held 77,866.9 shares of Nucor common stock, according to the filing.
  • Both options fully disposed: The filing reports zero derivative securities remaining for both option grants following the transactions.

Laxton's November 3 Option Exercises and Share Sales at Nucor

According to the Form 4 filed with the SEC on November 4, 2026, Stephen D. Laxton exercised two separate employee stock options on November 3, 2026, each coded as an "M" transaction. The first exercise covered 5,522 shares at a conversion price of $130.71 per share, associated with an option exercisable from June 1, 2025, and expiring May 31, 2032. The second exercise covered 5,038 shares at $133.03 per share, with an exercise window beginning June 1, 2026, and an expiration of May 31, 2033. The filing notes both are employee stock options described as a "right to buy."

On the same date, the filing discloses three separate dispositions of common stock, all coded "S." Laxton disposed of 5,522 shares at $275.1479 per share, then 4,838 shares at $274.79 per share, and 200 shares at $274.995 per share. Following all five reported transactions, Laxton's direct beneficial ownership in Nucor common stock stood at 77,866.9 shares, as reported in the filing.

The Form 4 was signed by Caitlin A. Kelly as attorney-in-fact for Mr. Laxton and filed on November 4, 2026. No indirect ownership or joint filing was indicated. The filing does not reference a Rule 10b5-1 trading plan in connection with these transactions.

What Was Disclosed

Nucor Corp's President and COO Stephen D. Laxton reported the exercise of two employee stock options totaling 10,560 shares and the sale of 10,560 shares of Nucor common stock on November 3, 2026, leaving him with 77,866.9 directly held shares.