4//SEC Filing
McConnell John H II 4
Accession 0000950170-24-081509
CIK 0000108516other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:10 PM ET
Size
15.0 KB
Accession
0000950170-24-081509
Insider Transaction Report
Form 4
McConnell John H II
Director
Transactions
- Exercise/Conversion
Common Shares
2024-07-01+9.8→ 31,275.74 total - Disposition to Issuer
Common Shares
2024-07-01$45.27/sh−0.8$36→ 31,274.94 total - Disposition to Issuer
Common Shares
2024-07-02$45.18/sh−0.3$14→ 31,288.94 total - Exercise/Conversion
Phantom Stock
2024-07-01−9.8→ 14.3 totalFrom: 2024-07-01Exp: 2024-07-01→ Common Shares (9.8 underlying) - Exercise/Conversion
Phantom Stock
2024-07-02−14.3→ 0 totalFrom: 2024-07-02Exp: 2024-07-02→ Common Shares (14.3 underlying) - Exercise/Conversion
Common Shares
2024-07-02+14.3→ 31,289.24 total
Holdings
- 251.8(indirect: By Spouse)
Common Shares
Footnotes (3)
- [F1]Under the terms of the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan ("Plan"), contributions to participants' bookkeeping accounts may be treated as invested in theoretical common shares of the issuer ("Phantom Stock"), with any portion of an account credited to Phantom Stock to remain credited thereto until distributed in accordance with the terms of the Plan, including following the participant ceasing to be employed by the issuer. In connection with the reporting person ceasing to be employed by the issuer, the Phantom Stock in the reporting person's Plan account became distributable on July 1, 2024. Under the Plan, the Phantom Stock is paid in whole common shares and any fractional common shares are paid in cash. Accordingly, on July 1, 2024, the reporting person received 9 common shares and cash in lieu of 0.8 common shares, and, on July 2, 2024, the reporting person received 14 common shares and cash in lieu of 0.3 common shares.
- [F2]Includes the issuer's common shares acquired since the reporting person's prior Form 4 through a dividend reinvestment program that is exempt from Section 16 pursuant to Rule 16a-11.
- [F3]The Phantom Stock credited to the reporting person under the Plan tracks the issuer's common shares on a one-for-one basis.
Documents
Issuer
WORTHINGTON ENTERPRISES, INC.
CIK 0000108516
Entity typeother
Related Parties
1- filerCIK 0001959584
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:10 PM ET
- Size
- 15.0 KB