Patrick J. Kennedy - 02 Jul 2024 Form 4 Insider Report for WORTHINGTON ENTERPRISES, INC. (WOR)

Role: VP-General Counsel & Secy
Signature: /s/Patrick J. Kennedy
Issuer symbol: WOR
Transactions as of: 02 Jul 2024
Net transactions value: -$73,101
Form type: 4
Filing time: 03 Jul 2024, 11:54:19 UTC
Previous filing: 28 Jun 2024
Next filing: 25 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WOR	Common Shares	Award	$0	+3,564	+14%	$0.000000	28,309	02 Jul 2024	Direct	F1
transaction	WOR	Common Shares	Tax liability	$73,101	-1,618	-5.7%	$45.18	26,691	02 Jul 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	A long-term performance share award was granted on June 25, 2021 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2024. On June 24, 2024, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three-year period ended May 31, 2024.
F2	Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.

Content

A long-term performance share award was granted on June 25, 2021 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2024. On June 24, 2024, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three-year period ended May 31, 2024.

Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.