Worthington Enterprises (WOR) CFO receives multi-year restricted stock awards
Rhea-AI Filing Summary
SOUZA COLIN J reported acquisition or exercise transactions in this Form 4 filing.
WORTHINGTON ENTERPRISES, INC. Vice President & Chief Financial Officer Colin J. Souza reported equity compensation awards in the form of restricted common shares. On June 25, 2026, he received three grants of 2,990, 1,630, and 810 restricted shares under the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan. According to the footnotes, these restricted stock awards vest on the first, second, and third anniversaries of the grant date, respectively. After these awards, Souza held 23,330 common shares directly and 1.4 common shares indirectly through a 401(k) account based on a statement dated May 31, 2026. The transactions are compensation-related grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,430 shares
Net Buy
4 txns
Insider
SOUZA COLIN J
Role
VP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 2,990 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 1,630 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 810 | $0.00 | $0.00 |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 23,330 shares (Direct);
Common Shares — 1.4 shares (Indirect, By 401(k))
Footnotes (4)
- 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.
- F4. The information in this report is based on a 401(k) statement dated May 31, 2026.
Key Figures
Restricted stock grant 1: 2,990 shares
Restricted stock grant 2: 1,630 shares
Restricted stock grant 3: 810 shares
+3 more
6 metrics
Restricted stock grant 1
2,990 shares
Common Shares award on June 25, 2026
Restricted stock grant 2
1,630 shares
Common Shares award on June 25, 2026
Restricted stock grant 3
810 shares
Common Shares award on June 25, 2026
Direct holdings after grants
23,330 shares
Common Shares held directly after June 25, 2026 transactions
Indirect 401(k) holdings
1.4 shares
Common Shares held via 401(k) based on May 31, 2026 statement
Grant price per share
$0.00 per share
Reported for all restricted stock awards as compensation
Key Terms
restricted stock, 2024 Long-Term Incentive Plan, 401(k), grant, award, or other acquisition
4 terms
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."
401(k) financial
"The information in this report is based on a 401(k) statement dated May 31, 2026."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did WOR CFO Colin J. Souza report on this Form 4?
Colin J. Souza reported receiving restricted common share awards as equity compensation. On June 25, 2026, he was granted three separate blocks of restricted stock under the company’s 2024 Long-Term Incentive Plan, rather than buying or selling shares in the open market.
What is the size of each restricted stock grant to the WOR CFO?
The Form 4 shows three separate restricted stock grants to the CFO. They cover 2,990 common shares, 1,630 common shares, and 810 common shares, all reported at a price of $0.00 per share because they are compensation awards, not open-market purchases.
When will the WOR CFO’s restricted stock awards vest?
The restricted stock awards vest over three years on different anniversaries of the grant date. One award vests on the first anniversary, another on the second anniversary, and the third on the third anniversary, as described in the Form 4 footnotes for these equity grants.
Are the WOR CFO’s transactions in this Form 4 considered open-market buys or sells?
No, these entries are not open-market buys or sells. The Form 4 describes them as grants or awards of restricted stock under WORTHINGTON ENTERPRISES’ 2024 Long-Term Incentive Plan, with a reported price of $0.00 per share, indicating compensation rather than trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
