[Form 4] WORTHINGTON ENTERPRISES, INC. Insider Trading Activity
Colin J. Souza, Vice President and Chief Financial Officer of Worthington Enterprises, Inc. (WOR), reported a Form 4 disclosing insider stock activity. On 09/22/2025 Mr. Souza had 500 common shares disposed of at a price of $61.03 per share; the filing states these shares were withheld upon the vesting of restricted stock to satisfy his tax withholding obligation. After the transaction he beneficially owned 17,900 common shares directly. The report also notes indirect ownership related to a 401(k) and cites a 401(k) statement dated August 31, 2025.
- Timely disclosure of insider transaction in compliance with Section 16 requirements
- Transaction is administrative: 500 shares withheld to satisfy tax withholding upon restricted stock vesting
- Reporting person and role clearly identified as VP & Chief Financial Officer
- Reduction in direct holdings by 500 shares following the withholding
- Indirect ownership description is presented as "1.4(2) I By 401(k)" which may be unclear without the referenced 401(k) statement
Insights
TL;DR: Routine withholding-related share disposition by the CFO; not a market-moving sale.
This Form 4 records a tax-withholding disposition of 500 shares upon restricted stock vesting at $61.03 per share. Such transactions are administrative and commonly occur when equity awards vest; they do not represent a discretionary open-market sale for cash generation. The filing shows 17,900 shares held directly post-transaction and notes indirect holdings via a 401(k) statement dated August 31, 2025. No additional compensation metrics or stock-option exercises are reported.
TL;DR: Disclosure appears timely and compliant; the transaction is described as tax withholding on vesting.
The Form 4 includes required elements: reporting person identity, relationship to issuer (VP & CFO), transaction date, amount disposed, price, and a signature by an attorney-in-fact. The explanation explicitly states the shares were withheld to satisfy tax obligations on vesting. The report also references indirect ownership associated with a 401(k) and a supporting statement date of August 31, 2025. No governance issues or departures are indicated in the filing.