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[Form 4] Worthington Steel, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
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
Positive
  • None.
Negative
  • None.
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*
ADAMS TIMOTHY A

(Last) (First) (Middle)
100 OLD WILSON BRIDGE ROAD

(Street)
COLUMBUS OH 43085

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Worthington Steel, Inc. [ WS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/24/2025 F(1) 1,758 D $25.69 35,584 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 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 Timothy A. Adams 06/26/2025
** 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.

FAQ

How many WS shares did CFO Timothy Adams dispose of on June 24, 2025?

CFO Timothy Adams disposed of 1,758 common shares of Worthington Steel (WS) on June 24, 2025, at a price of $25.69 per share. These shares were withheld for tax purposes upon the vesting of restricted stock.

How many WS shares does Timothy Adams own after the June 24, 2025 transaction?

Following the reported transaction on June 24, 2025, Timothy Adams directly owns 35,584 common shares of Worthington Steel (WS).

What was the purpose of WS CFO Timothy Adams' share disposal in June 2025?

The shares were withheld upon the vesting of restricted stock specifically to satisfy Timothy Adams' tax withholding obligations. This was not an open market sale but rather a standard practice for handling tax obligations on vested equity compensation.

What is Timothy Adams' role at Worthington Steel (WS)?

Timothy Adams serves as the Chief Financial Officer (CFO) of Worthington Steel (WS), as disclosed in the Form 4 filing where he is listed as an Officer of the company.

What was the price per share for WS CFO's stock transaction on June 24, 2025?

The price per share for the transaction was $25.69, as reported in the Form 4 filing for the shares withheld for tax purposes.
Worthington Steel

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Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
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United States
COLUMBUS