STOCK TITAN

Worthington Steel (WS) CEO has 9,075 shares withheld for taxes

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Worthington Steel, Inc. President and CEO Geoffrey G. Gilmore reported a routine tax-related share disposition. On June 30, 2026, 9,075 common shares were withheld upon the vesting of restricted stock to satisfy his tax withholding obligations, at an indicated price of $33.58 per share. Following this non-derivative tax-withholding event, he directly holds 335,857 common shares.

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Insider GILMORE GEOFFREY G
Role President and CEO
Type Security Shares Price Value
Tax Withholding Common Shares 9,075 $33.58 $305K
Holdings After Transaction: Common Shares — 335,857 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 9,075 shares Tax-withholding disposition on June 30, 2026
Indicated price per share $33.58 per share Value used for tax-withholding disposition
Shares held after transaction 335,857 shares Direct common share holdings after June 30, 2026 event
restricted stock financial
"Represents shares withheld upon the vesting of restricted stock in order to satisfy"
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.
tax withholding obligations financial
"withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligations"
non-derivative financial
""transaction_type": "non-derivative""
tax-withholding disposition financial
""transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares06/30/2026F(1)9,075D$33.58335,857D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Geoffrey Gilmore07/01/2026
** Signature of Reporting PersonDate
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)

FAQ

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

Worthington Steel President and CEO Geoffrey G. Gilmore reported a tax-related share disposition. On June 30, 2026, 9,075 common shares were withheld upon the vesting of restricted stock to cover his tax withholding obligations, a routine non-market event.

How many Worthington Steel (WS) shares were withheld for Geoffrey G. Gilmore’s taxes?

The filing shows 9,075 common shares were withheld for Geoffrey G. Gilmore’s tax obligations. These shares were retained by the company when his restricted stock vested, rather than being sold on the open market to generate cash.

Does this Worthington Steel Form 4 show an open-market sale by Geoffrey G. Gilmore?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld upon restricted stock vesting to satisfy Geoffrey G. Gilmore’s tax obligations, coded as transaction type F, a standard non-derivative compensation-related event.

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

After the June 30, 2026 tax-withholding transaction, Geoffrey G. Gilmore directly holds 335,857 Worthington Steel common shares. This figure reflects his position following the withholding of 9,075 shares to cover tax obligations tied to restricted stock vesting.

What does transaction code F mean in this Worthington Steel Form 4?

Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 9,075 Worthington Steel common shares were withheld upon restricted stock vesting to satisfy Geoffrey G. Gilmore’s tax withholding obligations, rather than being sold in the market.

What type of security was involved in Geoffrey G. Gilmore’s Worthington Steel transaction?

The transaction involved Worthington Steel common shares related to the vesting of restricted stock. When the restricted stock vested on June 30, 2026, 9,075 common shares were withheld to meet tax withholding obligations, as described in the Form 4 footnote.