Nucor EVP Daniel Needham to retire June 20, 2026; receives $254,972/mo for 24 months

NUCOR CORP

Daniel R. Needham retires as EVP effective June 20, 2026; resigns all officer/director positions.
Monthly separation payments of $254,972.34 for 24 months: $200,704 SERP plus $54,268.34 non-compete.
Agreement includes 24-month non-compete, non-solicitation, non-disparagement, and confidentiality covenants.
Needham releases all claims against Nucor; 7-day revocation period under OWBPA.
Retirement agreement supersedes prior employment agreement except for surviving restrictive covenants.

item 5.02 item 9.01

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Departed

Daniel R. Needham

Executive Vice President

NUE · NUCOR CORP

Effective: 2026-06-20
Filed: June 22, 2026, 4:27 PM ET

On June 16, 2026, the Company and Mr. Needham entered into a Retirement, Separation, Waiver and Release Agreement (the “Retirement Agreement”) in connection with Mr. Needham’s retirement from employment with the Company, effective June 20, 2026.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel R. Needham retired as Executive Vice President at NUCOR CORP.

Action: retired
Role: Executive Vice President

Exact text from the filing

On June 16, 2026, the Company and Mr. Needham entered into a Retirement, Separation, Waiver and Release Agreement (the “Retirement Agreement”) in connection with Mr. Needham’s retirement from employment with the Company, effective June 20, 2026.

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Source: SEC EDGAR

accession 0001193125-26-277574

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