Form 4 for WS Worthington Steel, Inc.
Accepted 2023-12-27 00:00:00 ET · period of report 2023-12-22 · accession 0000950170-23-073323 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-12-27 | 2023-12-22 | WS | BLYSTONE JOHN B | Executive COB, Dir | A - Grant | $0.00 | +50.9K | 205.7K | +33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-12-22 | A | A | 50,910 | $0.00 | 205,735 | D | — | — | (F1) Three awards of restricted stock of Worthington Steel, Inc. ("WS Restricted Shares) were granted pursuant to the Worthington Steel, Inc. 2023 Long-Term Incentive Plan. The first award of 8,920 WS Restricted Shares will vest on December 22, 2024, the second award of 24,340 WS Restricted Shares will vest on December 22, 2025, and the third award of 17,650 WS Restricted Shares will vest on December 22, 2026. (F2) On December 1, 2023, Worthington Enterprises, Inc. (f/k/a Worthington Industries, Inc.) ("WOR") completed a pro rata spin-off distribution (the "Distribution") of all of its common shares of the Issuer to the holder or record of WOR common shares as of November 21, 2023 (the "Record Date"). This amount includes 154,825 of the Issuer's common shares received in connection with the Distribution of WOR common shares held as of the Record Date. |