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Worthington (WOR) executive has 1,756 shares withheld for taxes

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

Rhea-AI Filing Summary

WORTHINGTON ENTERPRISES, INC. executive Steven M. Caravati, President - Consumer Products, reported routine tax-related share withholdings tied to restricted stock vesting. On June 29 and June 30, a total of 1,756 Common Shares were withheld by the company to satisfy his tax withholding obligations.

These Form 4 entries both use code F, which indicates payment of tax liability by delivering securities rather than open-market sales. After the June 30 withholding, Caravati directly held 45,673 Common Shares.

Positive

  • None.

Negative

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Insider Caravati Steven M
Role President - Consumer Products
Type Security Shares Price Value
Tax Withholding Common Shares 1,571 $53.76 $84K
Tax Withholding Common Shares 185 $53.77 $10K
Holdings After Transaction: Common Shares — 45,673 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares June 30 1,571 shares Common Shares withheld at $53.76 per share on June 30, 2026
Tax-withheld shares June 29 185 shares Common Shares withheld at $53.77 per share on June 29, 2026
Total tax-withheld shares 1,756 shares Total shares withheld for tax obligations across both F-code transactions
Price per share June 30 $53.76/share Valuation used for 1,571 withheld Common Shares
Price per share June 29 $53.77/share Valuation used for 185 withheld Common Shares
Shares held after June 30 45,673 shares Total direct Common Shares held by Caravati after latest withholding
Shares held after June 29 47,244 shares Direct Common Shares held immediately after June 29 withholding
restricted stock financial
"Represents shares withheld upon the vesting of restricted stock in order to satisfy"
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.
tax withholding obligation financial
"in order to satisfy the reporting person's tax withholding obligation upon such vesting"
Common Shares financial
"security_title": "Common Shares""
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
Form 4 regulatory
"These Form 4 entries both use code F, which indicates payment"
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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Learn about SEC filing dates
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)
06/29/2026
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 Shares06/29/2026F185(1)D$53.7747,244D
Common Shares06/30/2026F1,571(1)D$53.7645,673D
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. Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
/s/Patrick J. Kennedy, as attorney-in-fact for Steven M. Caravati07/01/2026
** 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)

FAQ

What insider transaction did Worthington (WOR) report for Steven M. Caravati?

Steven M. Caravati reported share withholdings for taxes, not open-market sales. A total of 1,756 Worthington Common Shares were withheld in connection with restricted stock vesting, reflecting routine tax settlement rather than discretionary trading activity.

How many Worthington (WOR) shares were withheld for Steven M. Caravati’s taxes?

A total of 1,756 Common Shares were withheld to cover taxes. This comprised 185 shares on June 29 and 1,571 shares on June 30, all related to the vesting of restricted stock awards reported on the Form 4.

At what prices were Steven M. Caravati’s Worthington (WOR) shares withheld?

The tax-withheld shares were valued at around mid-$50 levels. Worthington withheld 185 shares at $53.77 per share on June 29 and 1,571 shares at $53.76 per share on June 30 to satisfy Caravati’s tax obligations.

How many Worthington (WOR) shares does Steven M. Caravati hold after these withholdings?

Following the June 30 tax-withholding transaction, Steven M. Caravati directly holds 45,673 Worthington Common Shares. This figure is disclosed on the Form 4 as his total direct ownership after the most recent withholding event.

Do Steven M. Caravati’s Form 4 entries in Worthington (WOR) indicate share sales?

The entries reflect tax-withholding dispositions, not open-market sales. Both transactions are coded F, meaning shares were withheld by the issuer to pay tax liabilities from restricted stock vesting, a routine administrative event rather than a discretionary sale.