Worthington Steel COO Reports 7,470-Share Tax Withholding Transaction
Worthington Steel (NYSE:WS) filed a routine Form 4 detailing an administrative insider transaction.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 7,470 | $25.69 | $192K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- F1. Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligations upon such vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What type of transaction was reported in Worthington Steel's latest Form 4 (WS)?
When were the transaction and filing dates for this WS Form 4?
Does this Form 4 indicate a material change (>5%) in insider ownership of WS stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.