Worthington Steel (NYSE: WS) CFO awarded 8,150 restricted shares vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADAMS TIMOTHY A reported acquisition or exercise transactions in this Form 4 filing.
Worthington Steel, Inc. Chief Financial Officer Timothy A. Adams received an award of 8,150 Common Shares as restricted stock on June 26, 2026 under the Worthington Steel Inc. 2023 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date, June 26, 2029. Following this award, Adams directly holds 52,248 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ADAMS TIMOTHY A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 8,150 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 52,248 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 8,150 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 52,248 shares
+2 more
5 metrics
Restricted stock granted
8,150 shares
Award of Common Shares on June 26, 2026
Grant price per share
$0.0000 per share
Reported transaction price for the restricted stock award
Shares held after transaction
52,248 shares
CFO direct Common Share holdings following the grant
Vesting date
June 26, 2029
Third anniversary of the June 26, 2026 grant date
Transaction code
A
Grant, award, or other acquisition of Common Shares
Key Terms
restricted stock, 2023 Long-Term Incentive Plan, vest, transaction code "A"
4 terms
restricted stock financial
"An award of restricted stock was granted pursuant to the Worthington Steel Inc. 2023 Long-Term Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2023 Long-Term Incentive Plan financial
"An award of restricted stock was granted pursuant to the Worthington Steel Inc. 2023 Long-Term Incentive Plan."
vest financial
"The restricted stock will vest on the third anniversary of the grant date (6/26/2029)."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
transaction code "A" financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Worthington Steel (WS) report for Timothy A. Adams?
Worthington Steel reported that Chief Financial Officer Timothy A. Adams received an award of 8,150 Common Shares as restricted stock. The grant is part of his compensation and was made under the Worthington Steel Inc. 2023 Long-Term Incentive Plan.
Was the Worthington Steel (WS) CFO’s Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was a grant of 8,150 restricted Common Shares to the CFO as compensation, reported with code "A" for grant, award, or other acquisition at a price of $0.0000 per share.
What does transaction code "A" mean in the Worthington Steel (WS) Form 4 filing?
Transaction code "A" in the Form 4 indicates a grant, award, or other acquisition of securities. For Worthington Steel, it shows the CFO received 8,150 restricted Common Shares as a compensation award, rather than buying shares in the open market.