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Worthington (WOR) president granted multiple restricted stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WORTHINGTON ENTERPRISES, INC. executive Steven M. Caravati, President - Consumer Products, reported multiple stock awards in the form of common shares. On June 25, 2026, he acquired awards of 2,880, 1,600, 210, and 100 common shares, all at a stated price of $0.0000 per share as compensation grants.

These awards are described in the footnotes as restricted stock granted under the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan, with portions vesting on the first, second, and third anniversaries of the grant date. Following the reported transactions, his directly held common shares are shown as up to 45,519 shares in the filing.

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Insider Caravati Steven M
Role President - Consumer Products
Type Security Shares Price Value
Grant/Award Common Shares 2,880 $0.00 --
Grant/Award Common Shares 1,600 $0.00 --
Grant/Award Common Shares 210 $0.00 --
Grant/Award Common Shares 100 $0.00 --
Holdings After Transaction: Common Shares — 45,519 shares (Direct, null)
Footnotes (1)
  1. An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date. An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. The restricted stock will vest on the second anniversary of the grant date. An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. The restricted stock will vest on the first anniversary of the grant date.
Restricted stock award 2,880 common shares Grant on June 25, 2026 under 2024 Long-Term Incentive Plan
Restricted stock award 1,600 common shares Grant on June 25, 2026 as non-derivative acquisition
Additional awards 210 and 100 common shares Two smaller grants on June 25, 2026 at $0.0000 per share
Share price for awards $0.0000 per share Reported transaction price for all common share grants
Direct holdings after transaction 45,519 common shares Total shares following one reported grant transaction
restricted stock financial
"An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2024 Long-Term Incentive Plan financial
"An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan."
vest on the third anniversary financial
"The restricted stock will vest on the third anniversary of the grant date."
Form 4 regulatory
"INSIDER FILING DATA (Form 4): reporting multiple grant, award, or other acquisition transactions."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Caravati Steven M
(Last)(First)(Middle)
200 WEST OLD WILSON BRIDGE ROAD
(Street)
COLUMBUS OHIO 43085
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
WORTHINGTON ENTERPRISES, INC. [ WOR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President - Consumer Products
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares06/25/2026A2,880(1)A$0.0045,519D
Common Shares06/25/2026A1,600(1)A$0.0047,119D
Common Shares06/25/2026A210(2)A$0.0047,329D
Common Shares06/25/2026A100(3)A$0.0047,429D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date.
2. An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. The restricted stock will vest on the second anniversary of the grant date.
3. An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. The restricted stock will vest on the first anniversary of the grant date.
/s/Patrick J. Kennedy, as attorney-in-fact for Steven M. Caravati06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did WOR executive Steven M. Caravati report?

Steven M. Caravati reported receiving multiple awards of common shares as compensation. On June 25, 2026, he was granted 2,880, 1,600, 210, and 100 common shares, all at a stated price of $0.0000 per share as non-market stock awards.

What type of shares did Steven Caravati receive from Worthington Enterprises (WOR)?

He received awards of restricted common shares. Footnotes explain these are restricted stock granted under Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan, with the shares subject to vesting over time rather than being immediately unrestricted for sale or transfer.

How many Worthington Enterprises (WOR) shares does Steven Caravati hold after these awards?

After the reported June 25, 2026 awards, the filing shows direct beneficial ownership of up to 45,519 common shares in one of the transaction lines. This figure reflects his direct holdings following that specific reported stock award transaction.

Under which plan were the new WOR restricted stock awards granted?

The restricted stock awards were granted under the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. This plan is used to deliver equity-based compensation, such as restricted stock, to executives and employees to align their interests with long-term company performance.

When will Steven Caravati’s new WOR restricted stock awards vest?

The filing states that portions of the restricted stock will vest on the first, second, and third anniversaries of the grant date. This means the awards become fully earned and unrestricted gradually over those three annual vesting milestones.

Was Steven Caravati buying or selling WOR shares in the open market?

No open-market buying or selling is reported. The transactions use code “A”, indicating grants or awards. All shares were acquired at a reported price of $0.0000 per share as equity compensation rather than through market purchases or sales.