David A.  Sumoski net worth and biography

David Sumoski Biography and Net Worth

COO of Nucor
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.

What is David A. Sumoski's net worth?

The estimated net worth of David A. Sumoski is at least $38.55 million as of December 18th, 2023. Mr. Sumoski owns 200,638 shares of Nucor stock worth more than $38,546,573 as of April 16th. This net worth estimate does not reflect any other assets that Mr. Sumoski may own. Additionally, Mr. Sumoski receives a salary of $2,960,000.00 as COO at Nucor. Learn More about David A. Sumoski's net worth.

How old is David A. Sumoski?

Mr. Sumoski is currently 57 years old. There are 7 older executives and no younger executives at Nucor. The oldest executive at Nucor is Mr. Patrick J. Dempsey, Independent Director & GM of Commercial Sheet Products, who is 60 years old. Learn More on David A. Sumoski's age.

What is David A. Sumoski's salary?

As the COO of Nucor Co., Mr. Sumoski earns $2,960,000.00 per year. There are 2 executives that earn more than Mr. Sumoski. The highest earning executive at Nucor is Mr. Leon J. Topalian, President, CEO & Chairman of the Board, who commands a salary of $9,440,000.00 per year. Learn More on David A. Sumoski's salary.

How do I contact David A. Sumoski?

The corporate mailing address for Mr. Sumoski and other Nucor executives is 1915 REXFORD ROAD, CHARLOTTE NC, 28211. Nucor can also be reached via phone at (704) 366-7000 and via email at [email protected]. Learn More on David A. Sumoski's contact information.

Has David A. Sumoski been buying or selling shares of Nucor?

David A. Sumoski has not been actively trading shares of Nucor during the last quarter. Most recently, David A. Sumoski sold 28,768 shares of the business's stock in a transaction on Monday, December 18th. The shares were sold at an average price of $175.01, for a transaction totalling $5,034,687.68. Following the completion of the sale, the chief operating officer now directly owns 200,638 shares of the company's stock, valued at $35,113,656.38. Learn More on David A. Sumoski's trading history.

Who are Nucor's active insiders?

Nucor's insider roster includes Allen Behr (EVP), Craig Feldman (EVP), James Frias (CFO), John Hollatz (EVP), Douglas Jellison (EVP), Michael Keller (Insider), Stephen Laxton (CFO), Gregory Murphy (EVP), Raymond Napolitan, Jr. (EVP), Daniel Needham (EVP), Kenneth Query (EVP), MaryEmily Slate (EVP), David Sumoski (COO), Leon Topalian (CEO), and D. Utermark (EVP). Learn More on Nucor's active insiders.

Are insiders buying or selling shares of Nucor?

During the last twelve months, Nucor insiders bought shares 1 times. They purchased a total of 1,000 shares worth more than $176,610.00. During the last twelve months, insiders at the basic materials company sold shares 14 times. They sold a total of 172,301 shares worth more than $30,540,279.07. The most recent insider tranaction occured on March, 21st when EVP Douglas J Jellison sold 19,506 shares worth more than $3,772,655.46. Insiders at Nucor own 0.6% of the company. Learn More about insider trades at Nucor.

Information on this page was last updated on 3/21/2024.

David A. Sumoski Insider Trading History at Nucor

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/18/2023Sell28,768$175.01$5,034,687.68200,638View SEC Filing Icon  
4/27/2021Sell65,789$80.56$5,299,961.84220,021View SEC Filing Icon  
10/29/2020Sell21,150$47.22$998,703.00140,143View SEC Filing Icon  
7/23/2018Sell51,238$66.65$3,415,012.70139,839View SEC Filing Icon  
7/25/2017Sell2,537$61.66$156,431.4262,434View SEC Filing Icon  
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David A. Sumoski Buying and Selling Activity at Nucor

This chart shows David A Sumoski's buying and selling at Nucor by year and by quarter.

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Nucor Company Overview

Nucor logo
Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for used in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It markets its products through in-house sales force; and internal distribution and trading companies. Nucor Corporation was founded in 1905 and is headquartered in Charlotte, North Carolina.
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Today's Range

Now: $192.12
Low: $189.33
High: $193.26

50 Day Range

MA: $190.66
Low: $179.48
High: $200.98

2 Week Range

Now: $192.12
Low: $129.79
High: $203.00

Volume

1,142,948 shs

Average Volume

1,383,065 shs

Market Capitalization

$46.10 billion

P/E Ratio

10.68

Dividend Yield

1.11%

Beta

1.61