KerrII B. Anderson - Sep 27, 2024 Form 4 Insider Report for WORTHINGTON ENTERPRISES, INC. (WOR)

Role
Director
Signature
/s/ Patrick J. Kennedy, as attorney-in-fact for Kerrii B. Anderson
Stock symbol
WOR
Transactions as of
Sep 27, 2024
Transactions value $
$23,000
Form type
4
Date filed
9/30/2024, 10:09 AM
Previous filing
Sep 27, 2024
Next filing
Oct 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WOR Common Shares 71.3K Sep 27, 2024 Direct
holding WOR Common Shares 1.42K Sep 27, 2024 By Cameron Taff Anderson Separate Trust
holding WOR Common Shares 1.42K Sep 27, 2024 By Alexa M. Anderson Separate Trust
holding WOR Common Shares 436 Sep 27, 2024 By spouse

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 $23K +563 +4.91% $40.83 12K Sep 27, 2024 Common Shares 563 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 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.
F3 Holdings that were previously reported on Form 4 have been adjusted in connection with the Spin-Off of Worthington Steel, Inc. by the Issuer.
F4 The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the 2005 Director Deferred Compensation Plan since the date on which the amount of theoretical common shares credited pursuant to the dividend reinvestment feature under the 2005 Director Deferred Compensation Plan was last updated in the reporting person's Form 4 filed on October 4, 2021.