XML 23 R16.htm IDEA: XBRL DOCUMENT
v3.25.3

Stock-Based Compensation | 9 Months Ended
--- | ---
Oct. 04, 2025
Share-Based Payment Arrangement [Abstract] |
Stock-Based Compensation | 8. Stock-Based Compensation Overview The Company maintains the Nucor Corporation 2025 Omnibus Incentive Compensation Plan (the "Omnibus Plan") under which the Company may award stock-based compensation to employees, officers, consultants and non-employee directors. The Company's stockholders approved the Omnibus Plan on May 8, 2025. The Omnibus Plan permits the award of stock options, appreciation rights, restricted share units, restricted shares, performance shares and performance units for up to 6.8 million shares of the Company's common stock. As of October 4, 2025, 6.0 million shares remained available for award under the Omnibus Plan. The Company also maintains a number of inactive plans, including the Nucor Corporation 2014 Omnibus Incentive Compensation Plan (the "2014 Plan"), under which stock-based awards remain outstanding but no further awards may be made. As of October 4, 2025, 1.6 million shares were reserved for issuance upon the future settlement of outstanding awards under such inactive plans. Stock Options A summary of activity under Nucor’s stock option plans for the first nine months of 2025 is as follows (shares and aggregate intrinsic value in thousands):
|  |  |  |  | Weighted- |  |  | Weighted- |  |  |
|  |  |  |  | Average |  |  | Average |  | Aggregate |
|  |  |  |  | Exercise |  |  | Remaining |  | Intrinsic |
|  | Shares |  |  | Price |  |  | Contractual Life |  | Value |
Number of shares under stock options: |  |  |  |  |  |  |  |  |  |  |
Outstanding at beginning of year |  |  | 724 |  |  | $ | 89.06 |  |  |  |  |  |
Granted |  |  | 138 |  |  | $ | 109.36 |  |  |  |  |  |
Exercised |  |  | (11 | ) |  | $ | 118.33 |  |  |  |  | $ | 311 |
Canceled |  |  | - |  |  | $ | - |  |  |  |  |  |
Outstanding at October 4, 2025 |  |  | 851 |  |  | $ | 91.99 |  |  | 6.35 years |  | $ | 41,366 |
Stock options exercisable at October 4, 2025 |  |  | 591 |  |  | $ | 75.38 |  |  | 5.25 years |  | $ | 37,386 |
Co mpensation expense for stock options was $0.3 million in the third quarter of each of 2025 and 2024, and $5 million and $4 million in the first nine months of 2025 and 2024, respectively. As of October 4, 2025, unrecognized compensation expense related to stock options was $3 million, which we expect to recognize over a weighted-average period of 2.2 years. Restricted Stock Units A summary of Nucor’s restricted stock unit (“RSU”) activity for the first nine months of 2025 is as follows (shares in thousands):
|  | Shares |  |  | Grant Date Fair Value Per Share |
Restricted stock units: |  |  |  |  |  |
Unvested at beginning of year |  |  | 1,021 |  |  | $ | 144.89 |
Granted |  |  | 624 |  |  | $ | 109.36 |
Vested |  |  | (664 | ) |  | $ | 134.28 |
Canceled |  |  | (25 | ) |  | $ | 140.95 |
Unvested at October 4, 2025 |  |  | 956 |  |  | $ | 129.17 |
Compensation expense for RSUs was $17 million and $20 million in the third quarter of 2025 and 2024, respectively, and $70 million and $87 million in the first nine months of 2025 and 2024, respectively. As of October 4, 2025, unrecognized compensation expense related to unvested RSUs was $95 million, which we expect to recognize over a weighted-average period of 1.3 years. Restricted Stock Awards A summary of Nucor’s restricted stock activity under the Nucor Corporation Senior Officers Annual Incentive Plan (a supplement to the 2014 Plan and the Omnibus Plan, the “AIP”) and the Nucor Corporation Senior Officers Long-Term Incentive Plan (a supplement to the 2014 Plan and the Omnibus Plan, the “LTIP”) for the first nine months of 2025 is as follows (shares in thousands):
|  |  |  |  | Grant Date |
|  | Shares |  |  | Fair Value Per Share |
Restricted stock units and restricted stock awards: |  |  |  |  |  |
Unvested at beginning of year |  |  | 248 |  |  | $ | 169.36 |
Granted |  |  | 267 |  |  | $ | 133.46 |
Vested |  |  | (288 | ) |  | $ | 147.34 |
Canceled |  |  | - |  |  | $ | - |
Unvested at October 4, 2025 |  |  | 227 |  |  | $ | 155.11 |
Compensation expense for common stock and common stock units awarded under the AIP and the LTIP is recorded over the performance measurement and vesting periods based on the anticipated number and market value of shares of common stock and common stock units to be awarded. Compensation expense for anticipated awards based upon Nucor’s financial performance, exclusive of amounts payable in cash, was $6 million and $4 million in the third quarter of 2025 and 2024, respectively, and $26 million and $23 million in the first nine months of 2025 and 2024, respectively. As of October 4, 2025, unrecognized compensation expense related to unvested restricted stock awards was $8 million, which we expect to recognize over a weighted-average period of 1.6 years.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (l) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration