WOR Form 4: Ozey Horton Jr. Receives 2,815 Restricted Shares
Rhea-AI Filing Summary
Worthington Enterprises director Ozey K. Horton Jr. was granted 2,815 restricted common shares on 09/25/2025 under the company's 2025 Equity Plan for Non-Employee Directors. The award carries a reported price of $0.00 and increased Mr. Horton’s beneficial ownership to 46,803 shares on a direct basis. The restricted shares vest on the earlier of the first anniversary of the grant date or the date of the next Annual Meeting of Shareholders. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/26/2025.
Positive
- Director received equity alignment: 2,815 restricted shares grant aligns director interests with shareholders
- Clear vesting terms: vesting on earlier of one-year anniversary or next Annual Meeting provides straightforward schedule
- Ownership disclosed: post-grant direct beneficial ownership reported as 46,803 shares
Negative
- None.
Insights
TL;DR: Typical director equity award reported; vesting tied to time or next annual meeting.
The Form 4 discloses a standard non-employee director grant of 2,815 restricted shares under the 2025 Equity Plan. Vesting is simple and time-based, occurring either at the one-year anniversary or at the next shareholder meeting, which aligns director incentives with shareholder timelines. The report reflects direct beneficial ownership of 46,803 shares post-award and an effective grant date of 09/25/2025. Filing executed by attorney-in-fact on 09/26/2025.
TL;DR: Non-derivative compensation grant recorded; increases reported direct ownership to 46,803 shares.
The transaction is coded as an acquisition of restricted common shares with a reported price of $0.00, indicating a compensation issuance rather than a market purchase. The Form 4 shows the transaction date, the number of shares granted, and the post-transaction ownership level. No derivative transactions or additional conditions beyond the stated vesting schedule are disclosed in this filing.
FAQ
What did Ozey K. Horton Jr. receive according to the Form 4?
How many shares does Ozey K. Horton Jr. beneficially own after the reported transaction (WOR)?
When do the restricted shares vest for the grant reported on 09/25/2025?
What price was reported for the restricted shares on the Form 4?
Who signed the Form 4 and when was it signed?