EVP Kenneth Rex Query sold 13,529 shares of NUE at blended $251.37 for $3.4M on 2026-06-01
Kenneth Rex Query, Executive Vice President at Nucor, executed two separate sales totaling 13,529 shares for $3,400,843.30 at a blended average price of $251.37 on June 1, 2026, reducing his holdings by 17.3% from 78,214 to 64,685 shares. The transaction occurred as NUE shares trade at $258.54, only 0.7% below the 52-week high of $260.37, following a substantial 50.2% rally over 90 days and 14.5% gain over the past 30 days. At the same ticker (NUE), Query's prior five sales show mixed timing outcomes: only 1 of 5 prior NUE sales proved well-timed (negative 90-day returns), and his cross-ticker track record of 18 prior sells achieved a 33.33% well-timed rate with an average 90-day return of -0.9%, meaning most of his prior sales were followed by price increases. The company trades at a P/E of 25.25 with recent quarterly net income of $743.0M on $9.5B revenue and a 5.7% annual revenue growth rate.