CHAN KEVIN J bought WOR

December 29, 2023 · Form 4 insider transaction

CHAN KEVIN J bought 1.15 shares of Worthington Enterprises, Inc. at $57.55 per share, a transaction worth $66.18. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Acquired (buy-side)
Shares
1.15
Price
$57.55
Total value
$66.18
RoleOfficer
SecurityPhantom Stock Acquired Under the Deferred Compensation Plan
Transaction codeA: Grant or award
Transaction dateDecember 29, 2023
Filing dateJanuary 2, 2024
Shares owned after54
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

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

View the original Form 4 on SEC EDGAR