Worthington Steel (WS) awards 6,110 restricted shares to senior executive

Rhea-AI Filing Summary

Larivey Clifford reported acquisition or exercise transactions in this Form 4 filing.

Worthington Steel, Inc. reported that executive Clifford Larivey, President Flat Rolled Steel Processing, received a grant of 6,110 common shares as restricted stock compensation. The shares were awarded at no cash cost per share and increase his direct holdings to 70,418 common shares.

The restricted stock was granted under the Worthington Steel Inc. 2023 Long-Term Incentive Plan and will vest on the third anniversary of the grant date on June 26, 2029. Until vesting, the award remains subject to the plan’s terms and continued service conditions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Larivey Clifford

Role President Flat Rolled Stl Proc

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	6,110	$0.00	--

Holdings After Transaction: Common Shares — 70,418 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 6,110 shares Price per share: $0.0000 per share Post-transaction holdings: 70,418 shares +1 more

4 metrics

Restricted stock grant 6,110 shares Common Shares awarded on June 26, 2026

Price per share $0.0000 per share Reported grant price for restricted stock

Post-transaction holdings 70,418 shares Common Shares directly owned after grant

Vesting date June 26, 2029 Restricted stock vests on third anniversary of grant

Key Terms

restricted stock, 2023 Long-Term Incentive Plan, vesting, Form 4

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."

vesting financial

"The restricted stock will vest on the third anniversary of the grant date (6/26/2029)."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 04:05 PM Accepted by SEC EDGAR 06/30/2026 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Larivey Clifford

(Last) (First) (Middle)

100 OLD WILSON BRIDGE ROAD

(Street)

COLUMBUS OHIO 43085

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Worthington Steel, Inc. [ WS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President Flat Rolled Stl Proc

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/26/2026		A(1)		6,110	A	$0	70,418	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. An award of restricted stock was granted pursuant to the Worthington Steel Inc. 2023 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/26/2029).

	/s/Joseph Y. Heuer, as attorney-in-fact for Clifford Larivey	06/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Worthington Steel (WS) report for Clifford Larivey?

Worthington Steel reported that executive Clifford Larivey received a grant of 6,110 restricted common shares. The award is a compensation grant, not an open-market purchase, and was issued at no cash cost per share under the company’s long-term incentive plan.

How many Worthington Steel (WS) shares does Clifford Larivey hold after this Form 4?

After the restricted stock grant of 6,110 shares, Clifford Larivey holds a total of 70,418 Worthington Steel common shares directly. This figure reflects his position immediately following the reported award transaction on the Form 4.

What type of award did Clifford Larivey receive from Worthington Steel (WS)?

Clifford Larivey received an award of restricted stock totaling 6,110 common shares. The grant was made pursuant to the Worthington Steel Inc. 2023 Long-Term Incentive Plan as equity-based compensation rather than a cash or option award.

When will Clifford Larivey’s Worthington Steel (WS) restricted shares vest?

The 6,110 restricted common shares granted to Clifford Larivey will vest on June 26, 2029. Vesting occurs on the third anniversary of the June 26, 2026 grant date, subject to the terms and conditions of the long-term incentive plan.

Did Clifford Larivey buy or sell Worthington Steel (WS) shares on the market?

The Form 4 shows a grant of 6,110 restricted shares to Clifford Larivey rather than a market purchase or sale. The transaction code “A” indicates a grant or award acquisition provided as compensation, with a reported price per share of $0.0000.