Stock-Based Compensation (Tables)

9 Months Ended

Sep. 28, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Stock Option Plans Activity

A summary of activity under Nucor’s stock option plans for the first nine months of 2024 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		718		$	78.33
Granted		73		$	168.85
Exercised		(58	)	$	49.94		$	8,211
Canceled		(3	)	$	168.85
Outstanding at September 28, 2024		730		$	89.25	6.8 years	$	45,774
Stock options exercisable at September 28, 2024		497		$	64.24	5.9 years	$	42,722

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

A summary of Nucor’s restricted stock unit (“RSU”) activity for the first nine months of 2024 is as follows (shares in thousands):

	Shares			Grant Date Fair Value Per Share
Restricted stock units:
Unvested at beginning of year		947		$	124.89
Granted		749		$	168.85
Vested		(632	)	$	143.23
Canceled		(19	)	$	149.35
Unvested at September 28, 2024		1,045		$	144.87

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 Nucor Corporation 2014 Omnibus Incentive Compensation Plan, the “AIP”) and the Nucor Corporation Senior Officers Long-Term Incentive Plan (a supplement to the Nucor Corporation 2014 Omnibus Incentive Compensation Plan, the “LTIP”) for the first nine months of 2024 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		210		$	145.55
Granted		421		$	187.54
Vested		(367	)	$	176.43
Canceled		-		$	-
Unvested at September 28, 2024		264		$	169.52