WOR executive reports routine equity award and tax withholding
Worthington Enterprises President – Building Products James R. Bowes reported routine equity compensation activity.
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Rhea-AI Filing Summary
Worthington Enterprises President – Building Products James R. Bowes reported routine equity compensation activity. On the vesting of a long-term performance share award, he acquired 1,014 common shares and had 453 shares withheld at $53.09 each to cover taxes. Following these transactions, he directly holds 19,946 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,014 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 453 | $53.09 | $24K |
Footnotes (2)
- F1. A long-term performance share award was granted on June 30, 2023 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2026. On June 22, 2026, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three-year period ended May 31, 2026.
- F2. Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
Key Figures
Key Terms
Amended and Restated 1997 Long-Term Incentive Plan financial
restricted stock financial
tax withholding obligation financial
Compensation Committee financial
FAQ
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What insider transactions did WOR executive James R. Bowes report?
Were the WOR Form 4 transactions open-market buys or sells?
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