[Form 4] WORTHINGTON ENTERPRISES, INC. Insider Trading Activity
Rhea-AI Filing Summary
Worthington Enterprises, Inc. director, president and CEO Joseph B. Hayek reported updated equity holdings. The filing shows he directly owns 210,814 common shares, plus 2,000 common shares held indirectly through a Merrill Lynch IRA and 1,665 common shares held indirectly through a Vanguard IRA.
The report also discloses activity in deferred compensation. On 12/26/2025, Hayek acquired 5.24 units of phantom stock under the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors at a reference price of $52.87 per common share, bringing his total phantom stock position to 5,011.27 units. Explanatory notes state that both the IRAs and the nonqualified plan credit additional common or phantom shares through their dividend reinvestment features.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Acquired Under the Deferred Compensation Plan | 5.24 | $52.87 | $277.04 |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- The amount reported includes additional common shares acquired pursuant to the dividend reinvestment feature of the IRA as reported in the plan statement dated September 30, 2025. The theoretical WOR common shares ("phantom stock") credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "Plan") track WOR common shares on a one-for-one basis. Prior to October 1, 2014, the account balances related to the phantom stock investment option could be immediately transferred to other deemed investment options under the terms of the Plan. The Plan provides that, effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in WOR common shares and generally commence upon leaving Worthington Enterprises, Inc. and its subsidiaries. The amount reported includes the additional unfunded theoretical common shares (i.e., phantom stock) credited pursuant to the dividend reinvestment feature of the 2005 NQ Plan on September 29, 2025.