Worthington Enterprises Director Gets 2,510 Shares
The restricted-stock award vests on the earlier of its first anniversary or the date of Worthington Enterprises’ next annual meeting.
Rhea-AI Filing Summary
WORTHINGTON ENTERPRISES, INC. (WOR) director Kerrii B. Anderson acquired 2,510 shares of restricted stock on September 24, 2026, under the 2025 Equity Plan for Non-Employee Directors. The award will vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting. On September 23, 2026, 192.63 phantom shares were credited through the 2005 Director Deferred Compensation Plan’s dividend reinvestment feature; they track WOR common shares one-for-one. Following those transactions, Anderson held 76,659 common shares and 12,822.05 phantom shares directly. Separate indirect holding entries dated September 23, 2025 list 1,421 shares in each of the Cameron Taff Anderson Separate Trust and Alexa M. Anderson Separate Trust, and 436 shares held by spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,702.63 shares
Grant/Award
5 txns
Insider
ANDERSON KERRII B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 2,510 | $0.00 | $0.00 |
| Grant/Award | Phantom Stock F2, F3, F4 | 192.63 | $59.70 | $12K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 12,822.05 contracts (Direct);
Common Shares — 76,659 shares (Direct);
Common Shares — 1,421 shares (Indirect, By Cameron Taff Anderson Separate Trust);
Common Shares — 1,421 shares (Indirect, By Alexa M. Anderson Separate Trust);
Common Shares — 436 shares (Indirect, By spouse)
Footnotes (4)
- F1. An award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2025 Equity Plan for Non-Employee Directors. The restricted stock will vest on the earlier to occur of (1) the first anniversary of the grant date; or (2) the date on which the next Annual Meeting of Shareholders of Worthington Enterprises, Inc. is held.
- F2. The theoretical WOR common shares ("phantom stock") credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "Plan") track WOR common shares on a one-for-one basis.
- F3. Prior to October 1, 2014, the account balances related to the phantom stock investment option could be immediately transferred to other deemed investment options under the terms of the Plan. The Plan provides that, effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in WOR common shares and generally commence upon leaving the Board of Directors of Worthington Enterprises, Inc.
- F4. The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the 2005 Director Deferred Compensation Plan since the date on which the amount of theoretical common shares credited pursuant to the dividend reinvestment feature under the 2005 Director Deferred Compensation Plan was last updated in the reporting person's Form 4 filed on September 24, 2025.
Key Figures
Restricted-stock shares acquired: 2,510 shares
Direct common shares following transaction: 76,659 shares
Phantom shares credited: 192.63 shares
+5 more
8 metrics
Restricted-stock shares acquired
2,510 shares
September 24, 2026
Direct common shares following transaction
76,659 shares
After the September 24, 2026 transaction
Phantom shares credited
192.63 shares
September 23, 2026
Transaction price per share
$59.70 per share
Phantom-stock entry dated September 23, 2026
Phantom shares following transaction
12,822.05 shares
After the September 23, 2026 transaction
Indirect shares in each separate trust
1,421 shares
Each of two trusts; holding entries dated September 23, 2025
Indirect shares held by spouse
436 shares
Holding entry dated September 23, 2025
Restricted-stock transaction price per share
$0.00 per share
Restricted-stock award dated September 24, 2026
Key Terms
restricted stock, phantom stock, dividend reinvestment feature, deferred compensation plan
4 terms
restricted stock financial
"award of restricted stock was granted pursuant to the Worthington Enterprises, Inc. 2025 Equity 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.
phantom stock financial
"theoretical WOR common shares ("phantom stock") credited to the reporting person's account"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
dividend reinvestment feature financial
"credited pursuant to the dividend reinvestment feature of the 2005 Director Deferred Compensation Plan"
deferred compensation plan financial
"Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When does the WOR director’s restricted-stock award vest?
The restricted stock will vest on the earlier of the first anniversary of the grant date or the date of Worthington Enterprises’ next annual meeting.
How are distributions from the director phantom-stock plan made?
Distributions are made only in WOR common shares and generally commence upon the participant leaving Worthington Enterprises’ Board of Directors.
Were the WOR director’s transactions reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
