Form 4 for WOR WORTHINGTON ENTERPRISES, INC.
Accepted 2023-07-05 00:00:00 ET · period of report 2023-06-30 · accession 0001209191-23-040766 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-07-05 | 2023-06-30+ | WOR | Kennedy Patrick J. | VP-GC, Secy | A - Grant | $0.00 | +4,678 | 12.1K | +63% | $0 |
| D | 2023-07-05 | 2023-07-03 | WOR | Kennedy Patrick J. | VP-GC, Secy | F - Tax | $69.56 | -1,125 | 11.0K | -9% | -$78.3K |
| D | 2023-07-05 | 2023-06-30 | WOR | Kennedy Patrick J. | VP-GC, Secy | A - Grant | $0.00 | +2,000 | 2,000 | New | $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 | 2023-06-30 | A | A | 2,200 | $0.00 | 9,648 | D | — | — | (F1) An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/30/2026). |
| 2 | Common | Common Shares | 2023-07-03 | A | A | 2,478 | $0.00 | 12,126 | D | — | — | (F2) A long-term performance share award was granted on June 25, 2020 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2023. On June 27, 2023, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three-year period ended May 31, 2023. |
| 3 | Common | Common Shares | 2023-07-03 | F | D | 1,125 | $69.56 | 11,001 | D | — | — | (F3) Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting. |
| 4 | Derivative | Non-qualified stock option (right to buy) | 2023-06-30 | A | A | 2,000 | $0.00 | 2,000 | D | $69.47 · 2024-06-30 to 2033-06-30 | 2,000 Common Shares | (F4) This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option vest annually on 6/30/2025 and 6/30/2026. |