4//SEC Filing
McConnell John H II 4
Accession 0000950170-23-068999
CIK 0000108516other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 2:32 PM ET
Size
8.2 KB
Accession
0000950170-23-068999
Insider Transaction Report
Form 4
McConnell John H II
Director
Transactions
- Award
Phantom Stock Acquired Under the Deferred Compensation Plan
2023-12-06$51.62/sh+0.22$11→ 23.27 total→ Common Shares (0.22 underlying)
Holdings
- 32,336
Common Shares
- 245(indirect: By Spouse)
Common Shares
Footnotes (4)
- [F1]Holdings that were previously reported on Form 4 have been adjusted in connection with the spin-off of Worthington Steel, Inc. (the "Spin-Off") by the Issuer.
- [F2]The account under the 2005 NQ Plan (defined in footnote (3) below) tracks common shares on a one-for-one basis.
- [F3]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.
- [F4]The amount reported includes the additional unfunded theoretical common shares (i.e., phantom stock) credited pursuant to the theoretical Worthington Industries, Inc. common share deemed investment option pursuant to the dividend reinvestment feature of the 2005 NQ Plan on December 6, 2023.
Documents
Issuer
WORTHINGTON ENTERPRISES, INC.
CIK 0000108516
Entity typeother
Related Parties
1- filerCIK 0001959584
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 2:32 PM ET
- Size
- 8.2 KB