John B. Blystone - Dec 22, 2023 Form 4 Insider Report for Worthington Steel, Inc. (WS)

Role: Executive Chairman, Director
Signature: /s/ Joseph Y. Heuer, as attorney-in-fact for John B. Blystone
Stock symbol: WS
Transactions as of: Dec 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/27/2023, 04:33 PM
Previous filing: Dec 5, 2023
Next filing: Jul 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WS	Common Shares	Award	$0	+50.9K	+32.88%	$0.00	206K	Dec 22, 2023	Direct	F1, 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 8,920 WS Restricted Shares will vest on December 22, 2024, the second award of 24,340 WS Restricted Shares will vest on December 22, 2025, and the third award of 17,650 WS Restricted Shares will vest on December 22, 2026.
F2	On December 1, 2023, Worthington Enterprises, Inc. (f/k/a Worthington Industries, Inc.) ("WOR") completed a pro rata spin-off distribution (the "Distribution") of all of its common shares of the Issuer to the holder or record of WOR common shares as of November 21, 2023 (the "Record Date"). This amount includes 154,825 of the Issuer's common shares received in connection with the Distribution of WOR common shares held as of the Record Date.

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 8,920 WS Restricted Shares will vest on December 22, 2024, the second award of 24,340 WS Restricted Shares will vest on December 22, 2025, and the third award of 17,650 WS Restricted Shares will vest on December 22, 2026.

On December 1, 2023, Worthington Enterprises, Inc. (f/k/a Worthington Industries, Inc.) ("WOR") completed a pro rata spin-off distribution (the "Distribution") of all of its common shares of the Issuer to the holder or record of WOR common shares as of November 21, 2023 (the "Record Date"). This amount includes 154,825 of the Issuer's common shares received in connection with the Distribution of WOR common shares held as of the Record Date.