Worthington CFO transfers shares for tax withholding
Worthington Enterprises VP & Chief Financial Officer Colin J. Souza reported routine share movements mainly related to tax withholding on equity awards.
Rhea-AI Filing Summary
Worthington Enterprises VP & Chief Financial Officer Colin J. Souza reported routine share movements mainly related to tax withholding on equity awards. On June 30, 2026, a total of 2,668 Common Shares were disposed of as shares were withheld to cover his tax obligation upon vesting of restricted stock at $53.76 per share. These are issuer-withheld shares, not open-market sales. Following these transactions, Souza directly holds 19,978 Common Shares and indirectly holds 1.4 Common Shares through a 401(k) plan based on a statement dated May 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 2,106 | $53.76 | $113K |
| Exercise Price or Tax Liability | Common Shares | 562 | $53.76 | $30K |
| holding | Common Shares | -- | -- | -- |
Footnotes (2)
- F1. The information in this report is based on a 401(k) statement dated May 31, 2026.
- F2. Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock financial
401(k) financial
FAQ
What insider transactions did Worthington Enterprises (WOR) CFO Colin J. Souza report?
Were the Worthington Enterprises (WOR) CFO’s Form 4 transactions open-market sales?
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