KEVIN J. CHAN - 21 Feb 2025 Form 4 Insider Report for WORTHINGTON ENTERPRISES, INC. (WOR)

Role
Controller
Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Kevin J. Chan
Issuer symbol
WOR
Transactions as of
21 Feb 2025
Net transactions value
+$235
Form type
4
Filing time
24 Feb 2025, 13:53:03 UTC
Previous filing
10 Feb 2025
Next filing
10 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WOR Common Shares 5,589 21 Feb 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WOR Phantom Stock Acquired Under the Deferred Compensation Plan Award $235 +6 +7.5% $42.42 79 21 Feb 2025 Common Shares 6 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The theoretical WOR common shares ("phantom stock") credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "Plan") track WOR common shares on a one-for-one basis.
F2 Prior to October 1, 2014, the account balances related to the phantom stock investment option could be immediately transferred to other deemed investment options under the terms of the Plan. The Plan provides that, effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in WOR common shares and generally commence upon leaving Worthington Enterprises, Inc. and its subsidiaries.