Worthington Steel SEC Filings

Alpha Teknova, Inc. (Nasdaq: TKNO) has filed a Form S-3 ‘shelf’ registration statement authorizing the sale of up to $225 million of securities, including common stock, preferred stock, debt, warrants, rights and units. The filing also carries forward $222,990,002 of previously registered but unsold securities from the July 2022 shelf (Fee already paid: $20,671.17). Each future takedown will be detailed in a prospectus supplement and may be executed through underwriters, agents, dealers or direct sales.

The document reiterates Teknova’s business profile as a custom reagents manufacturer serving ~3,000 life-science customers, highlights a 95 % retention rate for customers spending >$10,000 and notes 53,437,060 common shares outstanding as of March 31 2025. The company’s stock last closed at $5.28 on July 9 2025. Teknova is a non-accelerated filer, smaller reporting company and emerging growth company, giving it scaled disclosure benefits.

Proceeds, when and if raised, are earmarked for general corporate purposes such as working capital, capacity expansion, R&D, marketing, potential acquisitions and possible debt or equity repurchases. No securities can be sold until the SEC declares the registration effective; individual offerings will depend on market conditions and board decisions.

• This filing does not immediately issue new shares—investor dilution will depend on the size, price and timing of future offerings.
• The prospectus contains extensive risk disclosures, forward-looking-statement language and outlines anti-takeover provisions, director liability limitations and exclusive forum clauses.

Worthington Steel, Inc. (WS) filed a Form 4 disclosing insider activity by Chief Operating Officer Jeffrey R. Klingler on 8 July 2025.

• Acquisition: 5,490 common shares vested from a 2022 performance share award. The acquisition price is reported as $0 because the shares were granted, not bought on the open market.
• Disposition for taxes: 2,491 shares were automatically withheld at $31.75 per share to cover tax-withholding obligations related to the vesting.
• Net change: Klingler’s direct holdings rose by ≈3,000 shares (5,490 acquired minus 2,491 withheld), lifting his direct ownership to 97,132 shares. He also owns 4,600 shares via an IRA and 1.22 shares through a 401(k).
• Ownership alignment: The COO now controls roughly 101,733 shares in total, worth about $3.2 million at the withholding price, signaling continued equity alignment with shareholders.

No derivative securities transactions were reported, and the filing indicates the activity stemmed solely from equity award vesting rather than discretionary open-market trades. While the incremental share increase is modest relative to Worthington Steel’s overall float, it modestly strengthens management’s ownership stake, which investors often view as a governance positive.

Worthington Steel, Inc. (WS) – Insider Form 4 filing (10 July 2025)

President of Flat Rolled Steel Processing, Clifford Larivey, reported two related equity transactions dated 8 July 2025:

• 4,521 common shares acquired (Transaction Code A) at $0.00, reflecting the vesting of a 2022 performance share award.
• 2,051 common shares disposed (Transaction Code F) at $31.75 per share; these shares were automatically withheld to cover tax obligations triggered by the vesting.

After the netted transactions, Larivey’s direct ownership stands at 70,484 common shares, indicating a net increase of approximately 2,470 shares versus the pre-vesting position. No derivative securities were involved, and the filing was signed by attorney-in-fact Joseph Y. Heuer.

Investor take-away: The activity stems from routine executive compensation rather than open-market buying or discretionary selling. While the executive retains additional equity, the event is largely administrative and is unlikely to materially impact valuation or trading sentiment.

Worthington Steel, Inc. (WS) filed a Form 4 reporting that non-employee director Mark C. Davis received an annual equity award of 1,107 restricted common shares on 06/27/2025 under the company’s 2023 Equity Incentive Plan for Non-Employee Directors. The award was granted at $0 cost and will vest at the next Annual Meeting provided Mr. Davis remains on the Board. Following the grant, his direct beneficial ownership increased to 15,383 common shares. No derivative securities were involved and no shares were disposed of. The filing was signed by attorney-in-fact Joseph Y. Heuer on 06/30/2025.

Worthington Steel, Inc. (WS) has filed a Form 3 disclosing that director Mark C. Davis beneficially owns 14,276 common shares as of the event date 06/25/2025. All shares are held directly, and the filing reports no derivative securities. The submission fulfills Section 16(a) requirements, establishing Mr. Davis’s initial insider position.

The document contains no information on earnings, strategy, or material transactions. Consequently, the filing is viewed as a routine compliance disclosure with negligible impact on the company’s valuation or outlook.

Worthington Steel, Inc. (WS) has filed a Form 4 indicating that Executive Chairman and Director John B. Blystone received 17,065 restricted common shares on 06/27/2025 pursuant to the company’s 2023 Long-Term Incentive Plan. The transaction is coded “A,” signifying an equity award granted at $0 rather than an open-market purchase. After the grant, Blystone’s direct beneficial ownership rises to 236,314 shares. The award will vest on 06/27/2026, strengthening the executive’s equity stake and aligning leadership incentives with shareholders. No sales, option exercises, or derivative transactions were reported in this filing.

Revolution Medicines, Inc. (RVMD) filed a Form 4 disclosing routine equity awards to director Elizabeth M. Anderson on 26 June 2025.

• Restricted Stock Units (RSUs): Anderson received 3,142 shares of common stock at no cost, raising her direct beneficial ownership to 23,215 shares (inclusive of the new RSUs).
• Stock Option Grant: She was granted an option on 11,574 shares with a $37.48 exercise price, expiring 26 June 2035. The option vests in full on the earlier of the first anniversary of the grant or immediately prior to the next annual meeting, provided she remains a service provider.
• Indirect Holdings: Anderson also reports 26,990 shares held through the David W. Anderson 1996 Irrevocable Trust.
• No Dispositions: The filing records no sales of RVMD shares.

The transactions represent standard director compensation and have an immaterial impact on the company’s overall share count or governance structure. No performance metrics, strategic developments, or other material events were disclosed in this filing.

L.B. Foster Company (NASDAQ: FSTR) executed a Fifth Amended & Restated Credit Agreement on 27-Jun-2025 that

• increases the revolving credit facility by 15% to $150 million (from $130 million) and introduces an incremental accordion of up to $60 million.
• extends maturity by almost four years—from 13-Aug-2026 to 27-Jun-2030.
• provides sub-limits of $30 million for letters of credit and $20 million for swing loans.
• sets variable pricing at Base +0.25–1.50% or Term SOFR +1.25–2.50%, tiered to the company’s net debt/EBITDA.
• is secured by substantially all domestic, Canadian and U.K. assets; equity of subsidiaries is pledged.

Key financial covenants require (1) a maximum gross leverage ratio ≤3.5× (≤4.0× during acquisition periods) and (2) a minimum fixed-charge coverage ≥1.10×. The facility allows dividends, buybacks and acquisitions—up to $75 million per deal—provided no default exists and liquidity remains ≥$15 million.

The agreement, syndicated by PNC, Bank of America, Citizens, Wells Fargo and Dollar Bank, enhances liquidity, lengthens the debt runway and affords strategic flexibility, albeit with strengthened collateral requirements.

Joby Aviation, Inc. (JOBY) has filed a Form 144 indicating the proposed sale of 300,000 common shares through Morgan Stanley Smith Barney LLC on or about June 30, 2025. The aggregate market value of the planned sale is $2.832 million, based on the prevailing market price at the time of filing. The company’s total common shares outstanding are disclosed as 791,798,076, so the proposed transaction represents approximately 0.04 % of shares outstanding.

The filing also lists recent insider activity under the same reporting person (name appears as Bonny Simi in the past-3-month sales table). During April 2025, the insider sold 19,465 shares in three separate transactions, generating $114,174.50 in gross proceeds. The upcoming 300,000-share sale originates from the exercise of stock options paid in cash on 06/30/2025.

The Form 144 includes the standard representation that the seller is not aware of any undisclosed material adverse information and, if relying on Rule 10b5-1, affirms the adoption date of the trading plan (date not specified in the excerpt). No additional financial metrics or strategic disclosures are provided; the document is limited to the mechanics of the planned share disposition.