Michaune D. Tillman - 22 Dec 2023 Form 4 Insider Report for Worthington Steel, Inc. (WS)

Role: General Counsel
Signature: /s/ Joseph Y. Heuer, as attorney-in-fact for Michaune D. Tillman
Issuer symbol: WS
Transactions as of: 22 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Dec 2023, 16:17:51 UTC
Previous filing: 05 Dec 2023
Next filing: 25 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WS	Common Shares	Award	$0	+5,670	+33%	$0.000000	22,661	22 Dec 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WS	Non-qualified stock option (right to buy)	Award	$0	+1,900		$0.000000	1,900	22 Dec 2023	Common Shares	1,900	$30.55	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Three awards of restricted stock of Worthington Steel, Inc. ("WS Restricted Shares) were granted pursuant to the Worthington Steel, Inc. 2023 Long-Term Incentive Plan. The first award of 980 WS Restricted Shares will vest on December 22, 2024, the second award of 2,690 WS Restricted Shares will vest on December 22, 2025, and the third award of 2,000 WS Restricted Shares will vest on December 22, 2026.
F2	This non-qualified stock option award was granted pursuant to the Worthington Steel, Inc. 2023 Long Term Incentive Plan. The date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option will vest annually on 12/22/25 and 12/22/26.

Content

Three awards of restricted stock of Worthington Steel, Inc. ("WS Restricted Shares) were granted pursuant to the Worthington Steel, Inc. 2023 Long-Term Incentive Plan. The first award of 980 WS Restricted Shares will vest on December 22, 2024, the second award of 2,690 WS Restricted Shares will vest on December 22, 2025, and the third award of 2,000 WS Restricted Shares will vest on December 22, 2026.

This non-qualified stock option award was granted pursuant to the Worthington Steel, Inc. 2023 Long Term Incentive Plan. The date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option will vest annually on 12/22/25 and 12/22/26.