[Form 4] WORTHINGTON ENTERPRISES, INC. Insider Trading Activity
Rhea-AI Filing Summary
David P. Blom, a director of Worthington Enterprises, Inc. (WOR), was granted 2,815 restricted common shares on 09/25/2025 under the companys 2025 Equity Plan for Non-Employee Directors. The award carries no cash price and will vest on the earlier of the first anniversary of the grant or the date of the next annual shareholders meeting. After the grant, Mr. Blom beneficially owns 26,934 shares. The Form 4 was signed by an attorney-in-fact and records the transaction as an ownership-alignment grant to a director, a routine corporate governance action that increases the directors stake without immediate cash consideration.
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Insights
TL;DR: Routine director restricted stock grant aligns director interests with shareholders; no cash paid and time-based vesting.
This Form 4 documents a standard non-employee director award of 2,815 restricted shares under the 2025 Equity Plan. The grant vests on a simple time-based schedule tied to one year or the next annual meeting, which is typical for director compensation and intended to retain and align independent directors. The award was issued at $0.00, indicating a compensatory grant rather than a market purchase. The change is incremental relative to total outstanding shares and does not indicate dilution from an issuance of additional shares beyond the award itself.
TL;DR: Disclosure compliant Form 4 filing showing timing, amount, and vesting conditions; signed by attorney-in-fact.
The filing provides required details: transaction date 09/25/2025, grant amount 2,815 shares, post-transaction beneficial ownership 26,934 shares, and a clear vesting trigger. The use of an attorney-in-fact to sign is acceptable where authorized. No derivative transactions or disposals are reported. From a compliance perspective, the Form 4 supplies the necessary items to satisfy Section 16 reporting for this compensatory award.