Worthington Enterprises Holder Sells 69,244 Shares
The sales were reported in four entries at weighted-average prices, alongside option exercises on consecutive dates.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Worthington Enterprises, Inc. (WOR) ten percent owner John P. McConnell exercised non-qualified stock options for 34,622 common shares on September 24, 2026, at a $30.35 exercise price, and another 34,622 shares on September 25 at $27.27. He sold 69,244 common shares across those dates: 30,322 at a weighted-average price of $59.83 and 4,300 at $59.23 on September 24; then 22,375 at $61.21 and 12,247 at $60.03 on September 25. The sales were reported at weighted-average prices, and no Rule 10b5-1 plan is reported.
Insider Trade Summary
Exercise and Sale: 69,244 shares ($2.18M approx. pre-tax spread)
Exercise and Sale
16 txns
Insider
MCCONNELL JOHN P/OH
Role
10% Owner
Sold
69,244 shs ($4.17M)
Approx. gross sale proceeds
$4.17M
Approx. exercise cost
$1.99M
Approx. pre-tax spread
$2.18M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified stock option (right to buy) F8 | 34,622 | $0.00 | $0.00 |
| Exercise | Common Shares | 34,622 | $27.27 | $944K |
| Sale | Common Shares F3 | 22,375 | $61.21 | $1.37M |
| Sale | Common Shares F4 | 12,247 | $60.03 | $735K |
| Exercise | Non-qualified stock option (right to buy) F7 | 34,622 | $0.00 | $0.00 |
| Exercise | Common Shares | 34,622 | $30.35 | $1.05M |
| Sale | Common Shares F1 | 30,322 | $59.83 | $1.81M |
| Sale | Common Shares F2 | 4,300 | $59.23 | $255K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares F5 | -- | -- | -- |
| holding | Common Shares F6 | -- | -- | -- |
Holdings After Transaction:
Non-qualified stock option (right to buy) — 0 contracts (Direct);
Common Shares — 1,335,648 shares (Direct);
Common Shares — 12,415,982 shares (Indirect, By JMAC, Inc.);
Common Shares — 2,428,312 shares (Indirect, By the Porter Rardin Trust f/b/o John P. McConnell and Margaret Kollis);
Common Shares — 8,173 shares (Indirect, As custodian for his son, C.R. McConnell);
Common Shares — 7,343 shares (Indirect, By Spouse, Amy McConnell, as custodian for her son, Luke A. Edmonds);
Common Shares — 118,000 shares (Indirect, By The McConnell Family Trust);
Common Shares — 255,875 shares (Indirect, By The Margaret R. McConnell Trust f/b/o Margaret Kollis);
Common Shares — 25,224 shares (Indirect, By the Worthington Industries, Inc. Deferred Profit Sharing Plan);
Common Shares — 44,250 shares (Indirect, By McConnell LAE Trust)
Footnotes (8)
- F1. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $59.44 to $60.37, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
- F2. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $59.00 to $59.37, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
- F3. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $60.71 to $61.62, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
- F4. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $59.71 to $60.51, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
- F5. Amount listed is the most up-to-date information available regarding holdings under the Worthington Enterprises, Inc. 401(k) Plan and is based on a plan statement dated as of June 30, 2026.
- F6. These common shares are held in an irrevocable trust for the benefit of the son of the reporting person's spouse. The reporting person's spouse is the trustee of such irrevocable trust.
- F7. 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 vested. Additional portions of 33.33% of the option vested annually on 6/29/2019 and 6/29/2020.
- F8. 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 vested. Additional portions of 33.33% of the option vested annually on 6/28/2020 and 6/28/2021.
Key Figures
Shares sold: 69,244 shares
Option exercise: 34,622 shares at $30.35 per share
Option exercise: 34,622 shares at $27.27 per share
+4 more
7 metrics
Shares sold
69,244 shares
Across four reported sale entries on September 24–25, 2026
Option exercise
34,622 shares at $30.35 per share
September 24, 2026
Option exercise
34,622 shares at $27.27 per share
September 25, 2026
Shares sold
30,322 shares at a weighted-average price of $59.83 per share
September 24, 2026
Shares sold
4,300 shares at a weighted-average price of $59.23 per share
September 24, 2026
Shares sold
22,375 shares at a weighted-average price of $61.21 per share
September 25, 2026
Shares sold
12,247 shares at a weighted-average price of $60.03 per share
September 25, 2026
Key Terms
Non-qualified stock option, weighted average price, 2010 Stock Option Plan, irrevocable trust
4 terms
Non-qualified stock option financial
"Non-qualified stock option (right to buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
weighted average price financial
"The price reported is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
2010 Stock Option Plan financial
"granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan"
irrevocable trust financial
"held in an irrevocable trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What WOR stock options did John P. McConnell exercise?
He exercised options for 34,622 common shares on September 24, 2026, at a $30.35 exercise price, and options for another 34,622 shares on September 25 at $27.27. Both options expire September 29, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
