Worthington Steel CEO granted 39,915 restricted shares
GILMORE GEOFFREY G reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
GILMORE GEOFFREY G reported acquisition or exercise transactions in this Form 4 filing.
Worthington Steel, Inc. director and President & CEO Geoffrey G. Gilmore reported an equity compensation grant. He received 39,915 Common Shares at a price of $0.00 per share as a grant, increasing his direct holdings to 344,932 Common Shares.
The award is in the form of restricted stock granted under the Worthington Steel Inc. 2023 Long-Term Incentive Plan. According to the disclosure, the restricted stock will vest on the third anniversary of the grant date, June 26, 2029, aligning the CEO’s compensation with longer-term company performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 39,915 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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).
Key Figures
Key Terms
restricted stock financial
2023 Long-Term Incentive Plan financial
grant, award, or other acquisition financial
FAQ
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What insider transaction did Worthington Steel (WS) report for Geoffrey G. Gilmore?
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