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Worthington Enterprises (WOR) VP receives multi-year restricted stock grants

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

Rhea-AI Filing Summary

Kennedy Patrick J. reported acquisition or exercise transactions in this Form 4 filing.

Worthington Enterprises, Inc. reported that VP–General Counsel & Secretary Patrick J. Kennedy received multiple restricted stock awards of common shares on June 25, 2026. The grants total several thousand shares and were issued at no cash cost to him as equity compensation.

The awards were granted under the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan and will vest in stages. According to the footnotes, portions of the restricted stock vest on the first, second, and third anniversaries of the grant date, aligning his compensation with longer-term company performance.

Positive

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Insider Kennedy Patrick J.
Role VP-General Counsel & Secy
Type Security Shares Price Value
Grant/Award Common Shares 3,630 $0.00 --
Grant/Award Common Shares 760 $0.00 --
Grant/Award Common Shares 380 $0.00 --
Holdings After Transaction: Common Shares — 32,952 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 grant 1 380 common shares Grant of restricted stock to Patrick J. Kennedy
Restricted stock grant 2 760 common shares Additional restricted stock award to Patrick J. Kennedy
Restricted stock grant 3 3,630 common shares Larger restricted stock award to Patrick J. Kennedy
Grant date June 25, 2026 Date of restricted stock awards
Vesting schedule 1st, 2nd, 3rd anniversaries Restricted stock vests over three years
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 financial
"The restricted stock will vest on the third anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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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*
Kennedy Patrick J.

(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)
VP-General Counsel & Secy
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 Shares06/25/2026A3,630(1)A$0.0032,952D
Common Shares06/25/2026A760(2)A$0.0033,712D
Common Shares06/25/2026A380(3)A$0.0034,092D
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. Kennedy06/26/2026
** 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)

FAQ

What insider transaction did Worthington Enterprises (WOR) report for Patrick J. Kennedy?

Worthington Enterprises reported that Patrick J. Kennedy received multiple restricted stock awards of common shares as equity compensation. These awards were granted under the 2024 Long-Term Incentive Plan and did not involve open-market buying or selling activity.

How many Worthington Enterprises (WOR) shares were granted to Patrick J. Kennedy?

Patrick J. Kennedy received three separate restricted stock grants: 380 shares, 760 shares, and 3,630 shares. All awards are in common shares and were issued at a stated price of $0.00 per share as part of his long-term incentive compensation.

When do Patrick J. Kennedy’s new Worthington Enterprises (WOR) restricted shares vest?

The restricted stock awards vest over three years. One tranche vests on the first anniversary of the grant date, another on the second anniversary, and a third on the third anniversary, encouraging longer-term alignment with Worthington Enterprises’ performance.

What plan governs the new Worthington Enterprises (WOR) stock awards to Patrick J. Kennedy?

The restricted stock awards were granted under the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. This plan provides equity-based compensation, such as restricted stock, to align executives’ interests with shareholders over multi-year vesting periods.

Does this Worthington Enterprises (WOR) Form 4 show stock being sold by Patrick J. Kennedy?

No. The Form 4 only shows acquisitions coded as grants or awards of restricted stock. There are no open-market sales or dispositions reported; the transactions reflect equity compensation rather than active trading in Worthington Enterprises shares.