Worthington VP granted new restricted stock awards
Kennedy Patrick J. reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 3,630 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 760 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 380 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
Key Figures
Key Terms
restricted stock financial
2024 Long-Term Incentive Plan financial
vest financial
Form 4 regulatory
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Worthington Enterprises (WOR) report for Patrick J. Kennedy?
What plan governs the new Worthington Enterprises (WOR) stock awards to Patrick J. Kennedy?
Does this Worthington Enterprises (WOR) Form 4 show stock being sold by Patrick J. Kennedy?
AI-generated analysis. How Rhea-AI works. Not financial advice.