[Form 4] Worthington Enterprises, Inc. Insider Trading Activity
Kevin J. Chan, an officer and controller of Worthington Enterprises, Inc. (WOR), reported transactions dated 09/05/2025. The filing shows a disposition of 6,549 common shares and, after the reported transaction, beneficial ownership of 2,947.28 common shares held indirectly through a 401(k) plan. The report also records the crediting of 3.77 theoretical ("phantom") WOR common shares under the company's Deferred Compensation Plan; those phantom shares track WOR common shares one-for-one and were recorded at a price reference of $65.07. The Deferred Compensation Plan restricts transfers of phantom stock after October 1, 2014, and distributions are made only in WOR common shares, generally upon leaving the company. The form was signed by an attorney-in-fact on 09/08/2025.
Kevin J. Chan, dirigente e controller di Worthington Enterprises, Inc. (WOR), ha riportato operazioni datate 05/09/2025. La comunicazione indica una cessione di 6.549 azioni ordinarie e, dopo l鈥檕perazione segnalata, una detenzione beneficiaria di 2.947,28 azioni ordinarie possedute indirettamente tramite un piano 401(k). Il rapporto annota inoltre l鈥檃ccredito di 3,77 azioni teoriche (鈥減hantom鈥�) WOR nell鈥檃mbito del Piano di Compenso Differito della societ脿; queste phantom trackano le azioni ordinarie WOR uno a uno e sono state registrate con prezzo di riferimento di $65,07. Il Piano di Compenso Differito limita i trasferimenti di phantom stock dopo il 1掳 ottobre 2014 e le distribuzioni avvengono solo in azioni ordinarie WOR, generalmente al termine del rapporto di lavoro. Il modulo 猫 stato firmato per procura il 08/09/2025.
Kevin J. Chan, directivo y controller de Worthington Enterprises, Inc. (WOR), inform贸 transacciones con fecha 05/09/2025. La presentaci贸n muestra una disposici贸n de 6.549 acciones ordinarias y, tras la transacci贸n reportada, una tenencia beneficiosa de 2.947,28 acciones ordinarias mantenidas de forma indirecta a trav茅s de un plan 401(k). El informe tambi茅n registra el abono de 3,77 acciones te贸ricas (鈥減hantom鈥�) de WOR bajo el Plan de Compensaci贸n Diferida de la compa帽铆a; esas phantom reflejan las acciones ordinarias de WOR uno a uno y se registraron a un precio de referencia de $65,07. El Plan de Compensaci贸n Diferida restringe las transferencias de phantom stock despu茅s del 1 de octubre de 2014 y las distribuciones se efect煤an solo en acciones ordinarias WOR, generalmente al abandonar la empresa. El formulario fue firmado por apoderado el 08/09/2025.
Kevin J. Chan鞚� Worthington Enterprises, Inc. (WOR)鞚� 鞛勳洂 瓴� controller搿滌劀 2025雲� 9鞗� 5鞚�鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� 6,549欤� 氤错喌欤� 觳橂秳鞚� 旮办灛霅橃柎 鞛堨溂氅�, 氤搓碃霅� 瓯半灅 頉勳棎電� 401(k) 頂岆灉鞚� 韱淀暣 臧勳爲 氤挫湢 欷戩澑 2,947.28欤� 氤错喌欤�鞚� 鞁れ鞝� 靻岇湢臧� 雮晞 鞛堨姷雼堧嫟. 氤搓碃靹滌棎電� 霕愴暅 須岇偓鞚� 鞚挫棸 氤挫儊 瓿勴殟(Deferred Compensation Plan)鞐� 霐半澕 3.77欤� 鞚措鞝�(鈥橅尙韰�鈥�) WOR 氤错喌欤�臧� 鞝侂霅� 靷嫟霃� 旮半霅橃柎 鞛堨姷雼堧嫟; 鞚� 韺厐 欤检嫕鞚� WOR 氤错喌欤检檧 1雽�1搿� 鞐半彊霅橂┌ 旮办臧�瓴� $65.07搿� 瓿勳儊霅橃棃鞀惦媹雼�. 鞚挫棸 氤挫儊 瓿勴殟鞚� 2014雲� 10鞗� 1鞚� 鞚错泟 韺厐 鞀ろ啞鞚� 鞚挫爠鞚� 鞝滍暅頃橁碃, 攵勲鞍電� 鞚茧皹鞝侅溂搿� 韲挫 鞁� WOR 氤错喌欤茧毵� 鞚措（鞏挫雼堧嫟. 頃措嫻 鞏戩嫕鞚� 2025雲� 9鞗� 8鞚�鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Kevin J. Chan, dirigeant et contr么leur de Worthington Enterprises, Inc. (WOR), a d茅clar茅 des op茅rations dat茅es du 05/09/2025. Le d茅p么t indique une cession de 6 549 actions ordinaires et, apr猫s la transaction signal茅e, une possession b茅n茅ficiaire de 2 947,28 actions ordinaires 诲茅迟别苍耻别蝉 de mani猫re indirecte via un plan 401(k). Le rapport enregistre 茅galement l鈥檃ttribution de 3,77 actions th茅oriques (芦 phantom 禄) WOR au titre du plan de r茅mun茅ration diff茅r茅e de la soci茅t茅 ; ces phantom suivent les actions WOR 脿 raison de une pour une et ont 茅t茅 comptabilis茅es sur la base d鈥檜n prix de r茅f茅rence de 65,07 $. Le plan de r茅mun茅ration diff茅r茅e limite les transferts de phantom stock apr猫s le 1er octobre 2014 et les distributions ne sont effectu茅es qu鈥檈n actions ordinaires WOR, g茅n茅ralement lors du d茅part de l鈥檈ntreprise. Le formulaire a 茅t茅 sign茅 par un mandataire le 08/09/2025.
Kevin J. Chan, ein leitender Angestellter und Controller von Worthington Enterprises, Inc. (WOR), meldete Transaktionen datiert 05.09.2025. Die Einreichung zeigt eine Ver盲u脽erung von 6.549 Stammaktien und nach der gemeldeten Transaktion eine wirtschaftliche Berechtigung an 2.947,28 Stammaktien, die mittelbar 眉ber einen 401(k)-Plan gehalten werden. Der Bericht verzeichnet au脽erdem die Gutschrift von 3,77 theoretischen (鈥濸hantom鈥�) WOR-Stammaktien im Rahmen des Deferred-Compensation-Plans des Unternehmens; diese Phantom-Aktien spiegeln WOR-Stammaktien im Verh盲ltnis 1:1 wider und wurden zu einem Referenzpreis von $65,07 bilanziert. Der Deferred-Compensation-Plan schr盲nkt 脺bertragungen von Phantom-Aktien nach dem 1. Oktober 2014 ein und Aussch眉ttungen erfolgen in der Regel nur in WOR-Stammaktien, in der Regel beim Ausscheiden aus dem Unternehmen. Das Formular wurde am 08.09.2025 von einem Bevollm盲chtigten unterschrieben.
- Disclosure was timely and specific, listing transaction dates, amounts, and plan details
- Phantom shares track common shares one-for-one, preserving economic alignment with WOR equity
- Disposition of 6,549 common shares reduced the reporting person's direct holdings
- Phantom stock is non-transferable until distribution and payable only in WOR shares, limiting liquidity
Insights
TL;DR: Insider reduced direct holdings via a 401(k) disposition and received a small credit of phantom shares in the deferred plan.
The report documents a sale/disposition of 6,549 common shares and an indirect beneficial position of 2,947.28 shares held through a 401(k) plan, indicating a shift in the reporting person's direct ownership profile. The addition of 3.77 theoretical shares in the Deferred Compensation Plan marginally increases long-term, non-liquid exposure to WOR equity because those phantom shares track common shares one-for-one and are payable only in actual WOR shares upon distribution. Transaction dates and signatures are provided, and the filing is routine for insiders participating in company compensation and benefit plans.
TL;DR: Filing reflects routine Plan-related movements with restricted phantom holdings; no governance red flags presented.
The Form 4 indicates the reporting person is an officer/controller and that movements relate to a 401(k) statement and the company鈥檚 Deferred Compensation Plan. The Plan鈥檚 restriction鈥攑reventing transfers of phantom stock after October 1, 2014鈥攁nd distribution-in-kind feature (payments in WOR shares) are explicitly noted, which affects the liquidity and timing of any economic interest. The signature by attorney-in-fact is properly included, and the disclosure is consistent with Section 16 reporting obligations.
Kevin J. Chan, dirigente e controller di Worthington Enterprises, Inc. (WOR), ha riportato operazioni datate 05/09/2025. La comunicazione indica una cessione di 6.549 azioni ordinarie e, dopo l鈥檕perazione segnalata, una detenzione beneficiaria di 2.947,28 azioni ordinarie possedute indirettamente tramite un piano 401(k). Il rapporto annota inoltre l鈥檃ccredito di 3,77 azioni teoriche (鈥減hantom鈥�) WOR nell鈥檃mbito del Piano di Compenso Differito della societ脿; queste phantom trackano le azioni ordinarie WOR uno a uno e sono state registrate con prezzo di riferimento di $65,07. Il Piano di Compenso Differito limita i trasferimenti di phantom stock dopo il 1掳 ottobre 2014 e le distribuzioni avvengono solo in azioni ordinarie WOR, generalmente al termine del rapporto di lavoro. Il modulo 猫 stato firmato per procura il 08/09/2025.
Kevin J. Chan, directivo y controller de Worthington Enterprises, Inc. (WOR), inform贸 transacciones con fecha 05/09/2025. La presentaci贸n muestra una disposici贸n de 6.549 acciones ordinarias y, tras la transacci贸n reportada, una tenencia beneficiosa de 2.947,28 acciones ordinarias mantenidas de forma indirecta a trav茅s de un plan 401(k). El informe tambi茅n registra el abono de 3,77 acciones te贸ricas (鈥減hantom鈥�) de WOR bajo el Plan de Compensaci贸n Diferida de la compa帽铆a; esas phantom reflejan las acciones ordinarias de WOR uno a uno y se registraron a un precio de referencia de $65,07. El Plan de Compensaci贸n Diferida restringe las transferencias de phantom stock despu茅s del 1 de octubre de 2014 y las distribuciones se efect煤an solo en acciones ordinarias WOR, generalmente al abandonar la empresa. El formulario fue firmado por apoderado el 08/09/2025.
Kevin J. Chan鞚� Worthington Enterprises, Inc. (WOR)鞚� 鞛勳洂 瓴� controller搿滌劀 2025雲� 9鞗� 5鞚�鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� 6,549欤� 氤错喌欤� 觳橂秳鞚� 旮办灛霅橃柎 鞛堨溂氅�, 氤搓碃霅� 瓯半灅 頉勳棎電� 401(k) 頂岆灉鞚� 韱淀暣 臧勳爲 氤挫湢 欷戩澑 2,947.28欤� 氤错喌欤�鞚� 鞁れ鞝� 靻岇湢臧� 雮晞 鞛堨姷雼堧嫟. 氤搓碃靹滌棎電� 霕愴暅 須岇偓鞚� 鞚挫棸 氤挫儊 瓿勴殟(Deferred Compensation Plan)鞐� 霐半澕 3.77欤� 鞚措鞝�(鈥橅尙韰�鈥�) WOR 氤错喌欤�臧� 鞝侂霅� 靷嫟霃� 旮半霅橃柎 鞛堨姷雼堧嫟; 鞚� 韺厐 欤检嫕鞚� WOR 氤错喌欤检檧 1雽�1搿� 鞐半彊霅橂┌ 旮办臧�瓴� $65.07搿� 瓿勳儊霅橃棃鞀惦媹雼�. 鞚挫棸 氤挫儊 瓿勴殟鞚� 2014雲� 10鞗� 1鞚� 鞚错泟 韺厐 鞀ろ啞鞚� 鞚挫爠鞚� 鞝滍暅頃橁碃, 攵勲鞍電� 鞚茧皹鞝侅溂搿� 韲挫 鞁� WOR 氤错喌欤茧毵� 鞚措（鞏挫雼堧嫟. 頃措嫻 鞏戩嫕鞚� 2025雲� 9鞗� 8鞚�鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Kevin J. Chan, dirigeant et contr么leur de Worthington Enterprises, Inc. (WOR), a d茅clar茅 des op茅rations dat茅es du 05/09/2025. Le d茅p么t indique une cession de 6 549 actions ordinaires et, apr猫s la transaction signal茅e, une possession b茅n茅ficiaire de 2 947,28 actions ordinaires 诲茅迟别苍耻别蝉 de mani猫re indirecte via un plan 401(k). Le rapport enregistre 茅galement l鈥檃ttribution de 3,77 actions th茅oriques (芦 phantom 禄) WOR au titre du plan de r茅mun茅ration diff茅r茅e de la soci茅t茅 ; ces phantom suivent les actions WOR 脿 raison de une pour une et ont 茅t茅 comptabilis茅es sur la base d鈥檜n prix de r茅f茅rence de 65,07 $. Le plan de r茅mun茅ration diff茅r茅e limite les transferts de phantom stock apr猫s le 1er octobre 2014 et les distributions ne sont effectu茅es qu鈥檈n actions ordinaires WOR, g茅n茅ralement lors du d茅part de l鈥檈ntreprise. Le formulaire a 茅t茅 sign茅 par un mandataire le 08/09/2025.
Kevin J. Chan, ein leitender Angestellter und Controller von Worthington Enterprises, Inc. (WOR), meldete Transaktionen datiert 05.09.2025. Die Einreichung zeigt eine Ver盲u脽erung von 6.549 Stammaktien und nach der gemeldeten Transaktion eine wirtschaftliche Berechtigung an 2.947,28 Stammaktien, die mittelbar 眉ber einen 401(k)-Plan gehalten werden. Der Bericht verzeichnet au脽erdem die Gutschrift von 3,77 theoretischen (鈥濸hantom鈥�) WOR-Stammaktien im Rahmen des Deferred-Compensation-Plans des Unternehmens; diese Phantom-Aktien spiegeln WOR-Stammaktien im Verh盲ltnis 1:1 wider und wurden zu einem Referenzpreis von $65,07 bilanziert. Der Deferred-Compensation-Plan schr盲nkt 脺bertragungen von Phantom-Aktien nach dem 1. Oktober 2014 ein und Aussch眉ttungen erfolgen in der Regel nur in WOR-Stammaktien, in der Regel beim Ausscheiden aus dem Unternehmen. Das Formular wurde am 08.09.2025 von einem Bevollm盲chtigten unterschrieben.
FAQ
What did Kevin J. Chan report on the Form 4 for WOR?
How many WOR shares does the filing show remaining after the transaction?
What are the rules for the phantom stock in the Deferred Compensation Plan?
At what reference price were the phantom shares recorded?
Who signed the Form 4 and when?
