The sales are immaterial relative to company size and follow routine option exercises. No bearish signal; monitor next 10-Q for any change in steel pricing or volume trends that could affect Q4 guidance.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK BELOW ENTRY AT T+1- T+0 · Nov 2 $277.65entry
- T+1 · yesterday −1.48%α −1.78% · $273.53
- T+2 · todayOpen
- T+5 · in 5d Pending
- T+20 · in 27d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Two Nucor executive vice presidents sold a combined $2.94M in open-market stock on October 29, 2026, one week after the company reported strong Q3 earnings with 32% YoY revenue growth and guided Q4 in-line or modestly higher. The sales follow derivative exercises by Behr, who acquired shares at zero cost and sold a portion for cash. The total sales represent less than 0.005% of Nucor's $62.5B market cap, making the cluster trivial in scale and routine in nature.
Key Financial Metrics
Key Facts
- Behr Allen C (EVP) sold 11,846 shares in three open-market trades totaling $3.23M on October 29, 2026
- Behr also exercised derivatives for 10,560 shares at $0 cost and 10,560 shares at $133.03/$130.71, acquiring shares at a discount
- Hanners Noah C (EVP) sold 5,190 shares in one open-market trade for $1.43M on October 29, 2026
- Total open-market sales: $2.94M (Behr's three sales aggregated $3.23M, but the cluster data shows only his latest trade of $1.51M; the $2.94M sum reflects the latest-trade-per-insider methodology)
- Sales represent less than 0.005% of Nucor's $62.5B market cap
- Nucor reported Q3 2026 net earnings of $1.32B ($5.80/diluted share) on net sales of $11.25B, up 32% YoY
- Q4 2026 guidance: earnings in-line with or modestly higher than Q3
Financial Impact
Total open-market sales of $2.94M, less than 0.005% of market cap
Risk Factors
- Insider sales after strong earnings could be perceived negatively by some market participants, but the scale is too small to be material
- Steel industry cyclicality and potential demand softening in Q4 could impact Nucor's results despite current guidance
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NUE-1793651643085 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 4, 2026 today | Insider Cluster | $265.54 | awaiting T+5 | awaiting T+5 | $267.92 (+0.90%) |
Nov 3, 2026 today | Insider Cluster | $270.93 | awaiting T+5 | awaiting T+5 | $267.92 (−1.11%) |
Nov 3, 2026 1d ago | 144 | $273.68 | awaiting T+5 | awaiting T+5 | $267.92 (−2.10%) |
Nov 2, 2026 2d ago | 144 | $277.65 | awaiting T+5 | awaiting T+5 | $267.92 (−3.50%) |
Nov 2, 2026 2d ago | Insider Cluster | $277.65 | awaiting T+5 | awaiting T+5 | $267.92 (−3.50%) |
Oct 29, 2026 6d ago | 144 | $275.29 | awaiting T+5 | awaiting T+5 | $267.92 (−2.68%) |
Oct 29, 2026 6d ago | 144 | $275.29 | awaiting T+5 | awaiting T+5 | $267.92 (−2.68%) |
Oct 26, 2026 9d ago | 8-K | $270.79 $273.53 | ▲ +1.01% | ▲ +3.00% | $267.92 (−1.06%) |
Oct 20, 2026 15d ago | Institutional Cluster | $264.54 $270.79 | ▲ +2.36% | ▲ +2.81% | $267.92 (+1.28%) |
Oct 13, 2026 22d ago | Press Release | $253.80 | awaiting T+5 | awaiting T+5 | $267.92 (+5.57%) |
US Market Status
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