v3.25.2
Stock-Based Compensation (Tables)
 6 Months Ended
Jul. 05, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Plans Activity

A summary of activity under Nucor’s stock option plans for the first six 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

 

 

-

 

 

$

-

 

 

 

 

$

-

 

Canceled

 

 

-

 

 

$

-

 

 

 

 

 

 

Outstanding at July 5, 2025

 

 

862

 

 

$

92.31

 

 

6.6 years

 

$

41,439

 

Stock options exercisable at July 5, 2025

 

 

602

 

 

$

76.13

 

 

5.5 years

 

$

37,493

 
Schedule of Grant Date Fair Value Black-Scholes Options-Pricing Model Assumptions

For the 2025 stock option grant, the grant date fair value of $41.01 per share was calculated using the Black-Scholes options pricing model with the following assumptions:

 

Exercise price

 

$

109.36

 

Expected dividend yield

 

 

2.01

%

Expected stock price volatility

 

 

39.29

%

Risk-free interest rate

 

 

4.18

%

Expected life (in years)

 

 

6.5

 
Summary of Nucor's Restricted Stock Unit ("RSU") Activity

A summary of Nucor’s restricted stock unit (“RSU”) activity for the first six 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

 

 

(653

)

 

$

134.40

 

Canceled

 

 

(14

)

 

$

146.70

 

Unvested at July 5, 2025

 

 

978

 

 

$

129.19

 
Summary of Nucor's Restricted Stock Activity under AIP and LTIP

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 six 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

 

 

(282

)

 

$

146.91

 

Canceled

 

 

-

 

 

$

-

 

Unvested at July 5, 2025

 

 

233

 

 

$

155.42