STOCK TITAN

Worthington Steel (WS) CFO exercises 2,367 options and sells 2,367 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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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).
X
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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Shares06/01/2026M2,367A$13.146,465D
Common Shares06/01/2026S1,100D$41.699(1)45,365D
Common Shares06/01/2026S1,267D$42.7705(2)44,098D
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
Non-Qualifed Stock Options (Right to Buy)$13.106/01/2026M2,36706/30/2019(3)06/30/2026Common Shares2,367$00D
Explanation of Responses:
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.
2. 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.
3. The date upon which this Non-Qualified Stock Option became fully exercisable.
/s/Joseph Y. Heuer, as attorney-in-fact for Timothy A. Adams06/03/2026
** 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 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.

How many Worthington Steel (WS) shares did the CFO sell and at what prices?

Timothy A. Adams sold 2,367 Worthington Steel common shares in total. He sold 1,100 shares at a weighted-average price of $41.699 and 1,267 shares at a weighted-average price of $42.7705, across multiple trades within disclosed price ranges.

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.

How many Worthington Steel (WS) shares does the CFO hold after these transactions?

Following the reported June 1, 2026 transactions, CFO Timothy A. Adams directly holds 46,465 Worthington Steel common shares. This post-transaction balance reflects the combined effect of his 2,367-share option exercise and 2,367 shares sold in open-market trades that day.

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.