Michael J. Endres - Sep 29, 2023 Form 4/A Insider Report for WORTHINGTON ENTERPRISES, INC. (WOR)

Role
Director
Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Michael J. Endres
Stock symbol
WOR
Transactions as of
Sep 29, 2023
Transactions value $
$110,005
Form type
4/A
Date filed
3/5/2024, 04:05 PM
Date Of Original Report
Oct 2, 2023
Previous filing
Oct 3, 2022
Next filing
Dec 22, 2023

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 WOR Phantom Stock Award $110K +1.78K +2.1% $61.82 86.4K Sep 29, 2023 Common Shares 1.78K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The theoretical WOR common shares ("phantom stock") credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "Plan") track WOR common shares on a one-for-one basis.
F2 This amendment is filed to reflect that the original Form 4 should have reported that 1,779.44 shares of phantom stock were credited to the reporting person's account in the Plan, as compared to the previously reported 1,536.72 shares of phantom stock.
F3 Prior to October 1, 2014, the account balances related to the phantom stock investment option could be immediately transferred to other deemed investment options under the terms of the Plan. The Plan provides that, effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in WOR common shares and generally commence upon leaving the Board of Directors of Worthington Enterprises, Inc.
F4 The amount shown reflects additional shares of phantom stock which were credited to the reporting person's Plan account pursuant to the dividend reinvestment feature of the Plan since the date on which the amount of shares of phantom stock held by the reporting person under the Plan were last updated in the reporting person's Form 4 filed on October 3, 2022.