Worthington Enterprises Holder Exercises Option for 42,491 Shares
The transaction record also reports zero remaining shares under the exercised option and indirect share positions across trusts and custodial accounts.
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Rhea-AI Filing Summary
Worthington Enterprises, Inc. ten-percent owner John P. McConnell exercised a non-qualified option for 42,491 common shares on September 28, 2026, at an exercise price of $24.73 per share; the reported option balance afterward was 0. That day, he sold 39,325 shares at a weighted-average price of $60.48, with sale prices from $59.94 to $60.93, and 3,166 shares at a weighted-average price of $59.75, with sale prices from $59.61 to $59.92. No Rule 10b5-1 plan is reported.
Indirect positions reported as of September 28, 2026 included 12,415,982 shares by JMAC, Inc.; 2,428,312 by the Porter Rardin Trust for John P. McConnell and Margaret Kollis; 8,173 held by John P. McConnell as custodian for C.R. McConnell; 7,343 held by spouse Amy McConnell as custodian for Luke A. Edmonds; 118,000 by The McConnell Family Trust; 255,875 by The Margaret R. McConnell Trust for Margaret Kollis; 25,224 listed for the Worthington Industries, Inc. Deferred Profit Sharing Plan, with its related note citing plan-statement data dated June 30, 2026; and 44,250 by McConnell LAE Trust, an irrevocable trust for his spouse’s son.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified stock option (right to buy) F5 | 42,491 | $0.00 | $0.00 |
| Exercise | Common Shares | 42,491 | $24.73 | $1.05M |
| Sale | Common Shares F1 | 39,325 | $60.48 | $2.38M |
| Sale | Common Shares F2 | 3,166 | $59.75 | $189K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares F3 | -- | -- | -- |
| holding | Common Shares F4 | -- | -- | -- |
Footnotes (5)
- F1. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $59.94 to $60.93, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
- F2. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $59.61 to $59.92, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
- F3. Amount listed is the most up-to-date information available regarding holdings under the Worthington Enterprises, Inc. 401(k) Plan and is based on a plan statement dated as of June 30, 2026.
- F4. These common shares are held in an irrevocable trust for the benefit of the son of the reporting person's spouse. The reporting person's spouse is the trustee of such irrevocable trust.
- F5. This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested annually on 6/27/2021 and 6/27/2022.
Key Figures
Key Terms
Non-qualified stock option technical
weighted average price financial
vested technical
2010 Stock Option Plan technical
irrevocable trust technical
FAQ
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When did John P. McConnell’s WOR option vest?
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