Joseph B. Hayek - 01 Jul 2025 Form 4 Insider Report for WORTHINGTON ENTERPRISES, INC. (WOR)

Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Joseph B. Hayek
Issuer symbol
WOR
Transactions as of
01 Jul 2025
Transactions value $
-$266,441
Form type
4
Filing time
02 Jul 2025, 11:40:44 UTC
Previous filing
30 Jun 2025
Next filing
14 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HAYEK JOSEPH B President & CEO, Director 200 WEST OLD WILSON BRIDGE ROAD, COLUMBUS /s/Patrick J. Kennedy, as attorney-in-fact for Joseph B. Hayek 02 Jul 2025 0001429897

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Award $0 +9.97K +4.85% $0.00 215K 01 Jul 2025 Direct F1
transaction WOR Common Shares Tax liability -$291K -4.52K -2.1% $64.48 211K 01 Jul 2025 Direct F2
holding WOR Common Shares 2K 01 Jul 2025 By IRA (Merrill-Lynch)
holding WOR Common Shares 1.66K 01 Jul 2025 By IRA (Vanguard) F3

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 $25K +388 +8.53% $64.48 4.93K 01 Jul 2025 Common Shares 388 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A long-term performance share award was granted on June 24, 2022 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2025. On June 23, 2025, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three-year period ended May 31, 2025.
F2 Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
F3 The amount reported includes additional common shares acquired pursuant to the dividend reinvestment feature of the IRA as reported in the plan statement dated June 30, 2025.
F4 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 for Directors, as amended (the "Plan") track WOR common shares on a one-for-one basis.
F5 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.
F6 The amount reported includes the additional unfunded theoretical common shares (i.e., phantom stock) credited pursuant to the dividend reinvestment feature of the 2005 NQ Plan on June 27, 2025.