Worthington Steel (WS) CFO exercises 2,367 options and sells 2,367 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Worthington Steel, Inc. Chief Financial Officer Timothy A. Adams reported a combination of option exercise and share sales in company stock. On June 1, 2026, he exercised 2,367 Non-Qualified Stock Options at an exercise price of $13.10 per share, receiving the same number of common shares.
That same day, he sold a total of 2,367 Common Shares in open-market transactions, including 1,100 shares at a weighted-average price of $41.699 and 1,267 shares at a weighted-average price of $42.7705. The sales occurred in multiple trades within price ranges of $41.35–$42.19 and $42.38–$43.01. After these transactions, Adams directly held 46,465 Common Shares of Worthington Steel.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,367 shares ($100,059)
Net Sell
4 txns
Insider
ADAMS TIMOTHY A
Role
Chief Financial Officer
Sold
2,367 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualifed Stock Options (Right to Buy) | 2,367 | $0.00 | -- |
| Exercise | Common Shares | 2,367 | $13.10 | $31K |
| Sale | Common Shares | 1,100 | $41.699 | $46K |
| Sale | Common Shares | 1,267 | $42.7705 | $54K |
Holdings After Transaction:
Non-Qualifed Stock Options (Right to Buy) — 0 shares (Direct, null);
Common Shares — 46,465 shares (Direct, null)
Footnotes (1)
- The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $41.35 to $42.19, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $42.38 to $43.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth. The date upon which this Non-Qualified Stock Option became fully exercisable.
Key Figures
Common shares sold: 2,367 shares
Weighted-average sale price (block 1): $41.699 per share
Weighted-average sale price (block 2): $42.7705 per share
+5 more
8 metrics
Common shares sold
2,367 shares
Open-market sales on June 1, 2026
Weighted-average sale price (block 1)
$41.699 per share
Sale of 1,100 common shares
Weighted-average sale price (block 2)
$42.7705 per share
Sale of 1,267 common shares
Options exercised
2,367 options
Non-Qualified Stock Options exercised June 1, 2026
Option exercise price
$13.10 per share
Non-Qualified Stock Options on Worthington Steel common shares
Shares held after transaction
46,465 common shares
Direct holdings after June 1, 2026 transactions
Option expiration date
June 30, 2026
Non-Qualified Stock Options exercised in this Form 4
Sale price ranges
$41.35–$43.01 per share
Multiple trades across two disclosed price ranges
Key Terms
Non-Qualifed Stock Options (Right to Buy), weighted average price, open-market sale, derivative security
4 terms
Non-Qualifed Stock Options (Right to Buy) financial
"Security title listed as Non-Qualifed Stock Options (Right to Buy) with underlying common shares."
weighted average price financial
"The price reported is a weighted average price for multiple transactions within a range."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"Transaction action described as open-market sale of common shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Worthington Steel (WS) report for its CFO?
Worthington Steel CFO Timothy A. Adams reported exercising 2,367 stock options and selling 2,367 common shares on June 1, 2026. The trades combined an option exercise at $13.10 with open-market sales at weighted-average prices in the low $40s.
What stock options did the Worthington Steel (WS) CFO exercise in this Form 4?
Adams exercised 2,367 Non-Qualified Stock Options, each with an exercise price of $13.10 per underlying common share. These options related to 2,367 Worthington Steel common shares and had an expiration date of June 30, 2026, according to the filing.
Were the Worthington Steel (WS) CFO’s sales single trades or multiple transactions?
The reported sales were executed as multiple transactions at varying prices. Footnotes state the 1,100-share block traded between $41.35 and $42.19, and the 1,267-share block traded between $42.38 and $43.01, with weighted-average prices disclosed for each block.