Worthington Steel Controller Transfers $45K in Shares for Tax Obligations
Worthington Steel Controller Steven R. Witt reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 24, 2025.
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Rhea-AI Filing Summary
Worthington Steel Controller Steven R. Witt reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 24, 2025. The insider disposed of 1,758 common shares at a price of $25.69 per share through a tax withholding transaction (Code F).
Key Transaction Details:
- The shares were withheld upon the vesting of restricted stock to satisfy tax withholding obligations
- Following the transaction, Witt directly owns 36,237 common shares
- The transaction was executed under standard tax withholding procedures, not as an open market sale
- No derivative securities were involved in this transaction
The filing was signed by Joseph Y. Heuer as attorney-in-fact for Steven R. Witt on June 26, 2025. This routine transaction appears to be related to standard equity compensation arrangements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 1,758 | $25.69 | $45K |
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
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What is the current stock position of Steven Witt in WS after the June 2025 transaction?
What position does Steven Witt hold at Worthington Steel (WS)?
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