[Form 4] WORTHINGTON ENTERPRISES, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WORTHINGTON ENTERPRISES, INC. President & CEO Joseph B. Hayek reported updated equity holdings, including a compensation-related award of phantom stock units. He acquired 5.02 theoretical common shares credited under the company’s Deferred Compensation Plan at $55.15 per unit, bringing his phantom stock balance to 5,277.95 units.
The filing also shows direct ownership of 210,339 common shares and indirect holdings in IRAs of 1,677 common shares at Vanguard and 2,000 common shares at Merrill Lynch. Footnotes explain that both IRA and phantom balances include amounts added through dividend reinvestment features.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
HAYEK JOSEPH B
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Acquired Under the Deferred Compensation Plan | 5.02 | $55.15 | $276.85 |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Acquired Under the Deferred Compensation Plan — 5,277.95 shares (Direct, null);
Common Shares — 210,339 shares (Direct, null);
Common Shares — 2,000 shares (Indirect, By IRA (Merrill-Lynch))
Footnotes (1)
- The amount reported includes additional common shares acquired pursuant to the dividend reinvestment feature of the IRA as reported in the plan statement dated March 31, 2026. 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. 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 Worthington Enterprises, Inc. and its subsidiaries. The amount reported includes the additional unfunded theoretical common shares (i.e., phantom stock) credited pursuant to the dividend reinvestment feature of the 2005 NQ Plan on March 27, 2026.
