Michaune D. Tillman - Dec 22, 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
Stock symbol
WS
Transactions as of
Dec 22, 2023
Transactions value $
$0
Form type
4
Date filed
12/27/2023, 04:17 PM
Previous filing
Dec 5, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WS Common Shares Award $0 +5.67K +33.37% $0.00 22.7K Dec 22, 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 +1.9K $0.00 1.9K Dec 22, 2023 Common Shares 1.9K $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.