Worthington Steel CFO Has 1,758 Shares Withheld for Tax Obligations
Timothy A. Adams, Chief Financial Officer of Worthington Steel (NYSE: WS), reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 24, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Timothy A. Adams, Chief Financial Officer of Worthington Steel (NYSE: WS), 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.
The shares were withheld to satisfy tax obligations related to the vesting of restricted stock. Following the transaction, Adams maintains direct beneficial ownership of 35,584 common shares of Worthington Steel.
Key Transaction Details:
- Transaction Code: F (Tax Withholding)
- Transaction Type: Disposition
- Direct Ownership: Maintained
- Filing was signed by Joseph Y. Heuer as attorney-in-fact
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Timothy Adams' role at Worthington Steel (WS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.