The estimated Net Worth of David A Sumoski is at least $38.3 Million dollars as of 18 December 2023. Mr. Sumoski owns over 28,768 units of Nucor stock worth over $31,605,127 and over the last 10 years he sold NUE stock worth over $1,155,134. In addition, he makes $5,533,050 as Executive Vice President-Merchant and Rebar Products at Nucor.
David has made over 6 trades of the Nucor stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 28,768 units of NUE stock worth $1,380,864 on 18 December 2023.
The largest trade he's ever made was exercising 65,789 units of Nucor stock on 27 April 2021 worth over $3,210,503. On average, David trades about 6,202 units every 67 days since 2015. As of 18 December 2023 he still owns at least 229,405 units of Nucor stock.
You can see the complete history of Mr. Sumoski stock trades at the bottom of the page.
David A. Sumoski serves as Executive Vice President-Merchant and Rebar Products of the Company. He had previously served as General Manager of Nucor Steel Marion, Inc. from 2008 to 2012 and as General Manager of Nucor Steel Memphis, Inc. from 2012 to September 2014. Mr. Sumoski was named Vice President of Nucor in 2010. He began his career with Nucor as an electrical supervisor at Nucor Steel-Berkeley in 1995, later serving as Maintenance Manager.
As the Executive Vice President-Merchant and Rebar Products of Nucor, the total compensation of David Sumoski at Nucor is $5,533,050. There are 3 executives at Nucor getting paid more, with James Frias having the highest compensation of $6,145,810.
David Sumoski is 53, he's been the Executive Vice President-Merchant and Rebar Products of Nucor since 2014. There are 17 older and 3 younger executives at Nucor. The oldest executive at Nucor Corp. is Joseph Rupp, 69, who is the Director.
Over the last 21 years, insiders at Nucor have traded over $99,070,746 worth of Nucor stock and bought 49,691 units worth $7,238,225 . The most active insiders traders include Michael W Lamach, Gregory Hayes, and Joseph D Rupp. On average, Nucor executives and independent directors trade stock every 47 days with the average trade being worth of $2,255,157. The most recent stock trade was executed by Daniel R. Needham on 31 July 2024, trading 8,624 units of NUE stock currently worth $1,379,840.
nucor corporation and its affiliates (nucor) manufactures steel and steel products. the company also produces direct reduced iron (dri) for use in the company’s steel mills. the company’s operations include several international trading companies that buy and sell steel and steel products manufactured by the company and others. in 2012, it recycled approximately 19.2 million tons of scrap steel. in may 2012, arcelormittal announced the sale of its steel foundation distribution business in nafta, namely skyline steel and astralloy (skyline steel) to nucor. the transaction includes 100% of arcelormittal’s interest in skyline steel’s operations in the nafta countries and the caribbean.in june 2012, the company acquired skyline steel llc and its subsidiaries. in august 2012, the company completed the sale of the assets of their nucor wire products pennsylvania facility located in new salem, pennsylvania, to an affiliate of wire mesh corporation.
Nucor executives and other stock owners filed with the SEC include: