STOCK TITAN

Routine Form 4 Shows No Open-Market Sale by Worthington Steel COO

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.
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*
KLINGLER JEFFREY R

(Last) (First) (Middle)
100 OLD WILSON BRIDGE ROAD

(Street)
COLUMBUS OH 43085

(City) (State) (Zip)
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)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/24/2025 F(1) 7,470 D $25.69 79,312 D
Common Shares 4,600 I By IRA
Common Shares 1.22 I By 401K Plan
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. Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligations upon such vesting.
/s/ Joseph Y. Heuer, as attorney-in-fact for Jeffrey R. Klingler 06/26/2025
** 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.

FAQ

How many Worthington Steel shares were withheld by COO Jeffrey Klingler on 06/24/2025?

The Form 4 shows 7,470 shares were withheld at $25.69 each to satisfy tax obligations.

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.

How many Worthington Steel shares does the COO own after the transaction?

Klingler holds 79,312 shares directly, plus 4,600 in an IRA and 1.22 in the 401(k) plan.

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.
Worthington Steel

NYSE:WS

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1.66B
32.48M
Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
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United States
COLUMBUS