[Form 4] GitLab Inc. Insider Trading Activity
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鈥檚 2023 Long-Term Incentive Plan. The transaction is coded 鈥淎,鈥� signifying an equity award granted at $0 rather than an open-market purchase. After the grant, Blystone鈥檚 direct beneficial ownership rises to 236,314 shares. The award will vest on 06/27/2026, strengthening the executive鈥檚 equity stake and aligning leadership incentives with shareholders. No sales, option exercises, or derivative transactions were reported in this filing.
Worthington Steel, Inc. (WS) ha presentato un Modulo 4 che indica che il Presidente Esecutivo e Direttore John B. Blystone ha ricevuto 17.065 azioni ordinarie vincolate il 27/06/2025 in base al Piano di Incentivi a Lungo Termine 2023 della societ脿. L鈥檕perazione 猫 contrassegnata con il codice 鈥淎鈥�, che indica un assegnazione di azioni a $0 piuttosto che un acquisto sul mercato aperto. Dopo l鈥檃ssegnazione, la posizione diretta di propriet脿 di Blystone sale a 236.314 azioni. L鈥檃ssegnazione maturer脿 il 27/06/2026, rafforzando la partecipazione azionaria dell鈥檈secutivo e allineando gli incentivi della leadership con quelli degli azionisti. Nel documento non sono state segnalate vendite, esercizi di opzioni o operazioni su derivati.
Worthington Steel, Inc. (WS) ha presentado un Formulario 4 que indica que el Presidente Ejecutivo y Director John B. Blystone 谤别肠颈产颈贸 17,065 acciones comunes restringidas el 27/06/2025 conforme al Plan de Incentivos a Largo Plazo 2023 de la compa帽铆a. La transacci贸n est谩 codificada como 鈥淎鈥�, lo que significa una asignaci贸n de acciones a $0 en lugar de una compra en el mercado abierto. Tras la concesi贸n, la propiedad directa beneficiaria de Blystone aumenta a 236,314 acciones. La asignaci贸n se consolidar谩 el 27/06/2026, fortaleciendo la participaci贸n accionaria del ejecutivo y alineando los incentivos de la direcci贸n con los de los accionistas. No se reportaron ventas, ejercicios de opciones ni transacciones con derivados en esta presentaci贸n.
Worthington Steel, Inc.(WS)電� 鞛勳洂 須岇灔 瓴� 鞚挫偓鞚� John B. Blystone臧� 須岇偓鞚� 2023雲� 鞛リ赴 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 2025雲� 6鞗� 27鞚检棎 17,065欤检潣 鞝滍暅霅� 氤错喌欤�毳� 氚涭晿鞚岇潉 雮橅儉雮措姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 瓯半灅 旖旊摐電� 鈥淎鈥濍, 鞚措姅 瓿店皽 鞁滌灔鞐愳劀鞚� 甑Г臧� 鞎勲媽 $0鞐� 攵�鞐悳 欤检嫕 氤挫儊鞛勳潉 鞚橂頃╇媹雼�. 攵�鞐� 頉� Blystone鞚� 歆侅爲 靻岇湢 歆�攵�鞚赌 236,314欤�搿� 歃濌皜頃╇媹雼�. 鞚� 氤挫儊鞚赌 2026雲� 6鞗� 27鞚检棎 頇曥爼霅橃柎 鞛勳洂鞚� 歆�攵勳潉 臧曧檾頃橁碃 瓴届榿歆勳潣 鞚胳劶韹半笇毳� 欤检＜鞕� 鞚检箻鞁滍偆瓴� 霅╇媹雼�. 鞚措矆 鞝滌稖靹滌棎電� 毵る弰, 鞓奠厴 頄夓偓 霕愲姅 韺岇儩靸來拡 瓯半灅電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Worthington Steel, Inc. (WS) a d茅pos茅 un formulaire 4 indiquant que le pr茅sident ex茅cutif et administrateur John B. Blystone a re莽u 17 065 actions ordinaires restreintes le 27/06/2025 conform茅ment au plan d鈥檌ncitation 脿 long terme 2023 de la soci茅t茅. La transaction est cod茅e 芦 A 禄, ce qui signifie une attribution d鈥檃ctions 脿 0 $ plut么t qu鈥檜n achat sur le march茅 libre. Apr猫s cette attribution, la possession directe b茅n茅ficiaire de Blystone s鈥櫭﹍猫ve 脿 236 314 actions. Cette attribution sera acquise le 27/06/2026, renfor莽ant la participation en actions de l鈥檈x茅cutif et alignant les incitations de la direction avec celles des actionnaires. Aucune vente, exercice d鈥檕ption ou transaction d茅riv茅e n鈥檃 茅t茅 signal茅e dans ce d茅p么t.
Worthington Steel, Inc. (WS) hat ein Formular 4 eingereicht, das angibt, dass der Executive Chairman und Direktor John B. Blystone am 27.06.2025 17.065 beschr盲nkte Stammaktien im Rahmen des langfristigen Anreizplans 2023 des Unternehmens erhalten hat. Die Transaktion ist mit 鈥濧鈥� codiert, was bedeutet, dass es sich um eine Aktienzuteilung zu $0 handelt und keinen Kauf am offenen Markt. Nach der Zuteilung steigt Blystones direkter wirtschaftlicher Besitz auf 236.314 Aktien. Die Zuteilung wird am 27.06.2026 f盲llig, was die Beteiligung des Executives st盲rkt und die F眉hrungskr盲fteanreize mit den Interessen der Aktion盲re in Einklang bringt. In dieser Meldung wurden keine Verk盲ufe, Optionsaus眉bungen oder Derivatgesch盲fte angegeben.
- Executive Chairman increased direct holdings by 17,065 shares, bringing his stake to 236,314 shares, enhancing insider alignment.
- Restricted stock vests in one year, providing a retention and performance incentive without immediate shareholder dilution.
- None.
Insights
TL;DR 鈥� 17,065-share restricted stock award adds to insider stake; neutral short-term impact.
The award increases the Executive Chairman鈥檚 direct ownership to 236,314 shares, but because it is a zero-cost grant rather than an open-market buy, near-term valuation impact is limited. Still, a larger equity position marginally improves alignment incentives, which can be viewed as a modest positive governance signal. No cash outflow or earnings effect is involved, so the market reaction is likely muted.
TL;DR 鈥� Standard annual equity grant; aligns pay with performance, limited strategic signal.
The use of restricted stock that vests after one year reflects common best practice for executive compensation, encouraging retention and long-term focus. The single-year cliff vest is shorter than multi-year tranches seen at larger peers, indicating a relatively near-term alignment horizon. Because the award is routine and represents a small percentage of outstanding shares, I classify the disclosure as not materially impactful for governance risk assessments.
Worthington Steel, Inc. (WS) ha presentato un Modulo 4 che indica che il Presidente Esecutivo e Direttore John B. Blystone ha ricevuto 17.065 azioni ordinarie vincolate il 27/06/2025 in base al Piano di Incentivi a Lungo Termine 2023 della societ脿. L鈥檕perazione 猫 contrassegnata con il codice 鈥淎鈥�, che indica un assegnazione di azioni a $0 piuttosto che un acquisto sul mercato aperto. Dopo l鈥檃ssegnazione, la posizione diretta di propriet脿 di Blystone sale a 236.314 azioni. L鈥檃ssegnazione maturer脿 il 27/06/2026, rafforzando la partecipazione azionaria dell鈥檈secutivo e allineando gli incentivi della leadership con quelli degli azionisti. Nel documento non sono state segnalate vendite, esercizi di opzioni o operazioni su derivati.
Worthington Steel, Inc. (WS) ha presentado un Formulario 4 que indica que el Presidente Ejecutivo y Director John B. Blystone 谤别肠颈产颈贸 17,065 acciones comunes restringidas el 27/06/2025 conforme al Plan de Incentivos a Largo Plazo 2023 de la compa帽铆a. La transacci贸n est谩 codificada como 鈥淎鈥�, lo que significa una asignaci贸n de acciones a $0 en lugar de una compra en el mercado abierto. Tras la concesi贸n, la propiedad directa beneficiaria de Blystone aumenta a 236,314 acciones. La asignaci贸n se consolidar谩 el 27/06/2026, fortaleciendo la participaci贸n accionaria del ejecutivo y alineando los incentivos de la direcci贸n con los de los accionistas. No se reportaron ventas, ejercicios de opciones ni transacciones con derivados en esta presentaci贸n.
Worthington Steel, Inc.(WS)電� 鞛勳洂 須岇灔 瓴� 鞚挫偓鞚� John B. Blystone臧� 須岇偓鞚� 2023雲� 鞛リ赴 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 2025雲� 6鞗� 27鞚检棎 17,065欤检潣 鞝滍暅霅� 氤错喌欤�毳� 氚涭晿鞚岇潉 雮橅儉雮措姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 瓯半灅 旖旊摐電� 鈥淎鈥濍, 鞚措姅 瓿店皽 鞁滌灔鞐愳劀鞚� 甑Г臧� 鞎勲媽 $0鞐� 攵�鞐悳 欤检嫕 氤挫儊鞛勳潉 鞚橂頃╇媹雼�. 攵�鞐� 頉� Blystone鞚� 歆侅爲 靻岇湢 歆�攵�鞚赌 236,314欤�搿� 歃濌皜頃╇媹雼�. 鞚� 氤挫儊鞚赌 2026雲� 6鞗� 27鞚检棎 頇曥爼霅橃柎 鞛勳洂鞚� 歆�攵勳潉 臧曧檾頃橁碃 瓴届榿歆勳潣 鞚胳劶韹半笇毳� 欤检＜鞕� 鞚检箻鞁滍偆瓴� 霅╇媹雼�. 鞚措矆 鞝滌稖靹滌棎電� 毵る弰, 鞓奠厴 頄夓偓 霕愲姅 韺岇儩靸來拡 瓯半灅電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Worthington Steel, Inc. (WS) a d茅pos茅 un formulaire 4 indiquant que le pr茅sident ex茅cutif et administrateur John B. Blystone a re莽u 17 065 actions ordinaires restreintes le 27/06/2025 conform茅ment au plan d鈥檌ncitation 脿 long terme 2023 de la soci茅t茅. La transaction est cod茅e 芦 A 禄, ce qui signifie une attribution d鈥檃ctions 脿 0 $ plut么t qu鈥檜n achat sur le march茅 libre. Apr猫s cette attribution, la possession directe b茅n茅ficiaire de Blystone s鈥櫭﹍猫ve 脿 236 314 actions. Cette attribution sera acquise le 27/06/2026, renfor莽ant la participation en actions de l鈥檈x茅cutif et alignant les incitations de la direction avec celles des actionnaires. Aucune vente, exercice d鈥檕ption ou transaction d茅riv茅e n鈥檃 茅t茅 signal茅e dans ce d茅p么t.
Worthington Steel, Inc. (WS) hat ein Formular 4 eingereicht, das angibt, dass der Executive Chairman und Direktor John B. Blystone am 27.06.2025 17.065 beschr盲nkte Stammaktien im Rahmen des langfristigen Anreizplans 2023 des Unternehmens erhalten hat. Die Transaktion ist mit 鈥濧鈥� codiert, was bedeutet, dass es sich um eine Aktienzuteilung zu $0 handelt und keinen Kauf am offenen Markt. Nach der Zuteilung steigt Blystones direkter wirtschaftlicher Besitz auf 236.314 Aktien. Die Zuteilung wird am 27.06.2026 f盲llig, was die Beteiligung des Executives st盲rkt und die F眉hrungskr盲fteanreize mit den Interessen der Aktion盲re in Einklang bringt. In dieser Meldung wurden keine Verk盲ufe, Optionsaus眉bungen oder Derivatgesch盲fte angegeben.
FAQ
How many Worthington Steel (WS) shares did Executive Chairman John B. Blystone acquire?
What is John B. Blystone鈥檚 total direct beneficial ownership after the transaction?
What transaction code appears in the Form 4 for this grant?
When will the restricted shares granted to Blystone vest?
Was any cash paid for the newly acquired shares?
