Welcome to our dedicated page for Worthington Steel SEC filings (Ticker: WS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Worthington Steel, Inc. filings document the company’s operating results, material agreements, Regulation FD disclosures, dividends, governance matters and shareholder votes. Recent Form 8-K filings report quarterly and annual financial results, conference-call materials, non-GAAP reconciliations, dividend-related events and material definitive agreements involving corporate transactions.
The company’s proxy materials describe annual-meeting matters, board and shareholder governance and voting procedures. Worthington Steel’s filings also identify its Ohio incorporation, Columbus headquarters and common shares, without par value, listed on the New York Stock Exchange under the symbol WS.
Worthington Steel, Inc. Chief Operating Officer Jeffrey R. Klingler reported option exercises and share sales in company stock. On June 1–2, 2026, he sold a total of 20,236 common shares in open-market transactions at weighted average prices of about $43.00–$44.53, executed in multiple trades within stated price ranges.
Over the same period, he exercised stock options to acquire 20,236 common shares at exercise prices of $14.37, $18.64, and $21.51 per share under the Worthington Steel, Inc. 2023 Long Term Incentive Plan. After these transactions, he holds 93,212 common shares directly, plus small additional indirect holdings through a 401(k) and an IRA.
Worthington Steel, Inc. Chief Financial Officer Timothy A. Adams reported a combination of option exercise and share sales in company stock. On June 1, 2026, he exercised 2,367 Non-Qualified Stock Options at an exercise price of $13.10 per share, receiving the same number of common shares.
That same day, he sold a total of 2,367 Common Shares in open-market transactions, including 1,100 shares at a weighted-average price of $41.699 and 1,267 shares at a weighted-average price of $42.7705. The sales occurred in multiple trades within price ranges of $41.35–$42.19 and $42.38–$43.01. After these transactions, Adams directly held 46,465 Common Shares of Worthington Steel.
Worthington Steel, Inc. has completed its cash takeover of Klöckner & Co SE, acquiring 52,389,508 tendered shares at €11.00 per share and paying total consideration of €576,284,588. Together with previously held shares, Worthington Steel now owns 60,710,791 Klöckner shares, representing approximately 60.86% of Klöckner’s outstanding share capital.
The acquisition was funded with net proceeds from earlier U.S. Dollar- and Euro‑denominated notes, borrowings under a term loan, and cash on hand. Worthington Steel plans a Domination and Profit and Loss Transfer Agreement under German law to control Klöckner’s operations and profits, and intends to launch a public delisting tender offer at €11.00 per remaining share to remove Klöckner from regulated markets in Germany.
Worthington Steel, Inc. has completed key financing to support its planned acquisition of Klöckner & Co SE. The company issued $700 million of 7.750% senior secured notes due 2033 and entered into a new $700 million seven-year senior secured term loan B facility.
Worthington Steel plans to use the note and term loan proceeds, together with cash on hand, to fund the cash consideration for the Klöckner acquisition at €11.00 per share, repay certain existing debt of both companies, pay transaction fees and expenses, and provide working capital. Both the notes and the term loans are secured by liens on substantially all assets of Worthington Steel and its guarantor subsidiaries.
The notes include several investor protections, such as optional redemption features, a special mandatory redemption at par plus accrued interest if the Klöckner acquisition is not completed by March 12, 2027 (subject to a brief extension in some cases), and a change of control repurchase at 101% of principal. The company also amended its asset-based revolving credit agreement to expand collateral and align it with the new term loan structure.
Worthington Steel, Inc. executive Clifford Larivey exercised stock options and sold shares in a mixed Form 4 transaction. On May 22, 2026, he sold 11,105 Common Shares in an open-market transaction at a weighted average price of $40.0945 per share, with actual prices ranging from $40.00 to $40.41. He also exercised several non-qualified stock options to acquire a total of 4,929 Common Shares at exercise prices of $14.37, $21.51, $33.36, and $34.10 per share. Following these transactions, he directly holds 64,308 Common Shares, and the option records indicate that at least one option grant was fully exercised.
Worthington Steel, Inc. reports that its subsidiary Worthington Steel GmbH (BidCo) has received final German merger control clearance for its voluntary public cash takeover of Klöckner & Co SE at €11.00 per Klöckner share.
All conditions in the offer document, including EU merger and investment clearances and EU foreign subsidies control clearance, have now been satisfied. The initial acceptance period for the offer ended on March 26, 2026 and the additional acceptance period ended on April 14, 2026, after which the offer closed. Worthington Steel and BidCo expect to consummate the Klöckner acquisition on June 3, 2026, subject to the agreed terms.
Worthington Steel, Inc. is pursuing the acquisition of Klöckner & Co SE via a voluntary public cash takeover offer at €11.00 per share and has launched a private offering of $900 million senior secured notes due 2033 to help finance the deal. The notes may initially be issued by a special-purpose escrow subsidiary, with proceeds held in escrow until closing conditions are met, and are subject to a special mandatory redemption at 100% of issue price plus interest if the acquisition is not completed by March 12, 2027. The company is also furnishing Klöckner’s audited 2025 and interim 2026 financial statements and unaudited pro forma combined financials; Klöckner reported 2025 sales of €6.38 billion and a net loss of €53.4 million.
Morgan Stanley Smith Barney LLC submitted a Form 144 notice identifying proposed sales of Common stock by an issuer-related source. The filing lists transactions dated 05/22/2026 and earlier award dates; it records quantities including 4,929 and 6,176 shares tied to an exercise of stock options and restricted stock awards, respectively.