Worthington Steel (WS) chair nets performance shares, withholds stock for taxes

Rhea-AI Filing Summary

Worthington Steel, Inc. Executive Chairman John B. Blystone reported compensation-related share movements in Common Shares. On July 7, 2026, a performance share award granted in 2023 vested, adding 14,750 Common Shares at $0.00 per share. In connection with this vesting, 6,408 shares were withheld at $32.16 per share to satisfy tax withholding obligations. Following these transactions, Blystone directly holds 248,365 Common Shares. These are non-market transactions, with no open‑market buying or selling reported.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider BLYSTONE JOHN B

Role Executive Chairman

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	14,750	$0.00	--
Tax Withholding	Common Shares	6,408	$32.16	$206K

Holdings After Transaction: Common Shares — 248,365 shares (Direct, null)

Footnotes (1)

1. Represents the vesting of a performance share award granted in 2023. Represents shares withheld upon the vesting of a performance share award in order to satisfy the reporting person's tax withholding obligations upon such vesting.

Key Figures

Performance shares vested: 14,750 shares Shares withheld for taxes: 6,408 shares Withholding price: $32.16 per share +3 more

6 metrics

Performance shares vested 14,750 shares Performance share award granted in 2023 vested on July 7, 2026

Shares withheld for taxes 6,408 shares Withheld upon vesting to satisfy tax withholding obligations

Withholding price $32.16 per share Value used for tax-withholding disposition of 6,408 shares

Award grant price $0.00 per share Grant/award acquisition of 14,750 Common Shares

Shares after tax withholding 241,957 shares Direct holdings after 6,408-share tax-withholding disposition

Shares after award vesting 248,365 shares Direct holdings after 14,750-share performance award vesting

Key Terms

performance share award, tax withholding obligations, grant, award, or other acquisition, tax-withholding disposition

4 terms

performance share award financial

"Represents the vesting of a performance share award granted in 2023."

A performance share award is a type of executive or employee pay that grants company stock only if predefined performance goals are met over a set period. Think of it as a bonus paid in shares—similar to a savings payout that arrives only if certain targets are hit—so it aligns management incentives with company results and can affect future share count and shareholder value. Investors watch these awards because they influence executive behavior, potential dilution of shares, and signals about expected performance.

tax withholding obligations financial

"Represents shares withheld upon the vesting ... to satisfy the reporting person's tax withholding obligations"

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/08/2026 - 05:05 PM Accepted by SEC EDGAR 07/08/2026 - 05:05 PM Learn about SEC filing dates

FAQ

What insider transactions did Worthington Steel (WS) report for John B. Blystone?

Worthington Steel reported that Executive Chairman John B. Blystone had a 2023 performance share award vest for 14,750 Common Shares and 6,408 shares withheld to cover tax obligations, all on July 7, 2026.

Did John B. Blystone buy or sell Worthington Steel (WS) shares on the open market?

No open-market purchases or sales were reported. The filing shows a grant of 14,750 Common Shares from a vested performance share award and 6,408 shares withheld for taxes, both classified as non-market transactions.

How many Worthington Steel (WS) shares does John B. Blystone hold after these transactions?

After the reported transactions, John B. Blystone directly holds 248,365 Common Shares of Worthington Steel. This reflects the net position after the 14,750-share performance award vesting and 6,408 shares withheld for tax obligations.

What does the tax withholding transaction in the Worthington Steel (WS) Form 4 represent?

The tax withholding transaction represents 6,408 Common Shares withheld at $32.16 per share when a performance share award vested. These shares were used to satisfy John B. Blystone’s tax withholding obligations related to that vesting, not an open‑market sale.

What is the nature of the 14,750-share award reported for Worthington Steel (WS)?

The 14,750 shares reported are from the vesting of a performance share award originally granted in 2023. They were acquired at $0.00 per share as a compensation award to Executive Chairman John B. Blystone, not through a market purchase.

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^*

BLYSTONE JOHN B

(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)
	Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	07/07/2026		A(1)		14,750	A	$0	248,365	D
Common Shares	07/07/2026		F(2)		6,408	D	$32.16	241,957	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the vesting of a performance share award granted in 2023.

2. Represents shares withheld upon the vesting of a performance share award in order to satisfy the reporting person's tax withholding obligations upon such vesting.

	/s/Joseph Y. Heuer, as attorney-in-fact for John B. Blystone	07/08/2026
	** 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)