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Worthington Enterprises (WOR) filed a Form 4 disclosing equity transactions by VP & CFO Colin J. Souza on 26-27 June 2025.
- Equity awards: Three grants of restricted common shares under the 2024 Long-Term Incentive Plan totaling 2,930 shares (2,110 + 550 + 270). These carry 3-, 2- and 1-year vesting schedules, respectively, at no cash cost.
- Share withholding: On 27 Jun 2025, 282 shares were automatically sold at $63.81 to satisfy tax obligations upon prior vesting (Code F).
- Resulting ownership: Souza’s direct holdings rose to 18,400 common shares; indirect 401(k) holdings stand at 1.4 shares.
The net increase of roughly +2,648 shares reflects continued alignment of executive compensation with shareholder interests. Because the acquisitions are restricted-stock grants rather than open-market purchases, the signal is mildly positive but primarily compensation-related.