[Form 4] WORTHINGTON ENTERPRISES, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHAN KEVIN J reported acquisition or exercise transactions in this Form 4 filing.
Worthington Enterprises controller Kevin J. Chan reported a compensation-related grant of phantom stock units. On March 24, 2026, he was awarded 13.29 phantom stock units valued at $51.88 per unit, each tracking one Worthington Enterprises common share in the company’s deferred compensation plan.
After this grant, Chan holds 221.11 phantom stock units. He also directly owns 5,806 common shares and has an additional 3,008.62 common shares held indirectly through a 401(k) plan, based on a statement dated March 20, 2026. Phantom stock balances cannot be moved to other investment options and are generally distributed in common shares after leaving the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
CHAN KEVIN J
Role
Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 13.29 | $51.88 | $689.49 |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 221.11 shares (Direct);
Common Shares — 5,806 shares (Direct);
Common Shares — 3,008.62 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- The information in this report is based on a 401(k) Plan statement dated as of March 20, 2026. 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, as amended (the "Plan") track WOR common shares on a one-for-one basis. 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 Worthington Enterprises, Inc. and its subsidiaries. The amount reported includes the additional unfunded theoretical common shares (i.e., phantom stock) credited pursuant to the theoretical Worthington Enterprises, Inc. common shares deemed investment option pursuant to the dividend reinvestment feature of the 2005 NQ Plan on December 31, 2025.