Routine Form 4 Shows No Open-Market Sale by Worthington Steel COO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Worthington Steel (NYSE:WS) filed a routine Form 4 detailing an administrative insider transaction. On 06/24/2025, Chief Operating Officer Jeffrey R. Klingler had 7,470 common shares withheld at $25.69 per share upon the vesting of restricted stock to cover tax obligations (Transaction Code F). After the withholding, Klingler directly owns 79,312 shares and indirectly holds 4,600 shares through an IRA plus 1.22 shares in the 401(k) plan. No open-market purchase or sale occurred, and the value of the withheld shares (~$191 thousand) is below materiality thresholds.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
KLINGLER JEFFREY R
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 7,470 | $25.69 | $192K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 79,312 shares (Direct);
Common Shares — 4,600 shares (Indirect, By IRA)
Footnotes (1)
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FAQ
What type of transaction was reported in Worthington Steel's latest Form 4 (WS)?
A withholding transaction (Code F) for taxes upon restricted-stock vesting; no open-market sale or purchase.
When were the transaction and filing dates for this WS Form 4?
The transaction occurred on 06/24/2025; the Form 4 was filed on 06/26/2025.
Does this Form 4 indicate a material change (>5%) in insider ownership of WS stock?
No. The withholding is administrative and does not represent a >5% change in the COO's holdings.