Was Geoffrey G. Gilmore’s Worthington Steel (WS) share transaction a market purchase or a grant?

The transaction was a grant of restricted stock, not a market purchase. Geoffrey G. Gilmore received 39,915 Common Shares at $0.00 per share as an equity award under the 2023 Long-Term Incentive Plan, rather than buying shares on the open market.

Worthington Steel (WS) CEO granted 39,915 restricted shares vesting in 2029

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

1 transaction reported

Mixed 1 txn

Insider GILMORE GEOFFREY G

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	39,915	$0.00	--

Holdings After Transaction: Common Shares — 344,932 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted stock grant: 39,915 Common Shares Grant price per share: $0.00 per share Shares held after grant: 344,932 Common Shares +1 more

4 metrics

Restricted stock grant 39,915 Common Shares Award to President & CEO Geoffrey G. Gilmore

Grant price per share $0.00 per share Equity compensation grant, not market purchase

Shares held after grant 344,932 Common Shares Direct holdings following transaction

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

Key Terms

restricted stock, 2023 Long-Term Incentive Plan, grant, award, or other acquisition, Common Shares

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."

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Shares financial

"security_title: Common Shares"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 04:11 PM Accepted by SEC EDGAR 06/30/2026 - 04:11 PM

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^*

GILMORE GEOFFREY G

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	06/26/2026		A⁽¹⁾		39,915	A	$0	344,932	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Geoffrey Gilmore	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Worthington Steel (WS) report for Geoffrey G. Gilmore?

Worthington Steel reported that President and CEO Geoffrey G. Gilmore received a grant of 39,915 Common Shares as restricted stock. The grant was made at $0.00 per share as equity compensation, increasing his direct ownership to 344,932 Common Shares following the transaction.

What type of shares did Geoffrey G. Gilmore receive from Worthington Steel (WS)?

Geoffrey G. Gilmore received an award of restricted Common Shares under the Worthington Steel Inc. 2023 Long-Term Incentive Plan. The grant consists of 39,915 restricted shares, which are subject to vesting conditions and are intended as long-term incentive compensation rather than an open-market purchase.

When do Geoffrey G. Gilmore’s restricted Worthington Steel (WS) shares vest?

The restricted stock granted to Geoffrey G. Gilmore will vest on the third anniversary of the grant date, June 26, 2029. Until that vesting date, the 39,915 restricted shares remain subject to the award’s conditions under the company’s 2023 Long-Term Incentive Plan.

How many Worthington Steel (WS) shares does Geoffrey G. Gilmore own after this Form 4 transaction?

After receiving the restricted stock grant, Geoffrey G. Gilmore directly holds 344,932 Common Shares of Worthington Steel. This total reflects the addition of 39,915 restricted shares awarded as compensation, as reported in the Form 4 insider transaction filing.