Worthington Steel Executive Retains 36,000+ Shares After RSU Vesting Event
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Witt Steven R
Role
Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 1,758 | $25.69 | $45K |
Holdings After Transaction:
Common Shares — 36,237 shares (Direct)
Footnotes (1)
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FAQ
What is the current stock position of Steven Witt in WS after the June 2025 transaction?
Following the reported transaction on June 24, 2025, Steven Witt beneficially owns 36,237 common shares of Worthington Steel (WS) directly.
What position does Steven Witt hold at Worthington Steel (WS)?
Steven Witt serves as the Controller at Worthington Steel (WS), as indicated in the Form 4 filing where he is listed as an Officer of the company.