Worthington Enterprises (NYSE: WOR) president receives new restricted stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WORTHINGTON ENTERPRISES, INC. President - Building Products James R. Bowes reported several equity awards of common shares as compensation. On June 25, 2026, he acquired multiple blocks of common shares at a reported price of $0.00 per share under the company’s long-term incentive arrangements.
Individual grants disclosed include awards of 2,620, 1,150, 1,000 and 570 common shares. Footnotes state that these restricted stock awards were granted pursuant to the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan and will vest on the first, second and third anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
BOWES JAMES R
Role
President - Building Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 2,620 | $0.00 | -- |
| Grant/Award | Common Shares | 1,000 | $0.00 | -- |
| Grant/Award | Common Shares | 1,150 | $0.00 | -- |
| Grant/Award | Common Shares | 570 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 17,784 shares (Direct, null)
Footnotes (1)
- 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. 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. 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.
Key Figures
Restricted stock award: 2,620 common shares
Restricted stock award: 1,150 common shares
Restricted stock award: 1,000 common shares
+2 more
5 metrics
Restricted stock award
2,620 common shares
Grant coded A on June 25, 2026
Restricted stock award
1,150 common shares
Grant coded A on June 25, 2026
Restricted stock award
1,000 common shares
Grant coded A on June 25, 2026
Restricted stock award
570 common shares
Grant coded A on June 25, 2026
Post-award holdings (example entry)
20,504 common shares
Total shares following one reported award on June 25, 2026
Key Terms
restricted stock, 2024 Long-Term Incentive Plan, grant date
3 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."
grant date financial
"The restricted stock will vest on the third anniversary of the grant date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did WOR executive James R. Bowes report?
James R. Bowes reported multiple equity awards of common shares as compensation. These were grants of restricted stock, not open-market purchases or sales, and were made under Worthington Enterprises’ 2024 Long-Term Incentive Plan on June 25, 2026.
What type of Form 4 transactions did WOR disclose for James R. Bowes?
All reported Form 4 transactions for James R. Bowes are coded “A” for grant, award, or other acquisition of non-derivative common shares. They represent restricted stock awards rather than market trades, with no buy or sell transactions reported in this filing.
When do the WOR restricted stock awards to James R. Bowes vest?
Footnotes explain that the restricted stock awards granted under the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan will vest on the first, second and third anniversaries of the grant date, creating a multi-year vesting schedule tied to continued service.
Were the WOR insider awards granted at a market price or for no cost?
Each reported award of common shares shows a transaction price per share of $0.00. This indicates the shares were granted as equity compensation, not purchased in the market, consistent with restricted stock issued under a long-term incentive plan.