BlackRock (WS) reports 4.97M shares, 9.96% stake in Worthington Steel (WS)
Rhea-AI Filing Summary
BlackRock, Inc. reported beneficial ownership of 4,973,243 shares of Worthington Steel Inc common stock, representing 9.96% of the class as of 03/31/2026. The filing shows sole voting power for 4,920,877 shares and sole dispositive power for 4,973,243 shares, reported by BlackRock's Reporting Business Units.
The Schedule 13G/A clarifies ownership attribution among BlackRock business units and states that various third parties may have rights to dividends or sale proceeds; no other single person is identified as holding more than 5% of Worthington Steel common stock.
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Insights
Large passive stake reported: 4.97M shares (9.96%); voting and dispositive powers disclosed.
BlackRock's Schedule 13G/A lists 4,973,243 shares beneficially owned as of 03/31/2026, with 4,920,877 shares carrying sole voting power. The filing attributes holdings to Reporting Business Units consistent with SEC Release No. 34-39538.
Institutional ownership near 10% can influence liquidity and stewardship activity; subsequent Form 13D/13G amendments or proxy disclosures would show any change in intent or active engagement.
Disclosure clarifies voting/dispositive authorities and intermediary attribution.
The filing explains that holdings are reported on behalf of BlackRock Reporting Business Units and notes that various persons may have dividend or sale rights. It identifies no single third party with >5% ownership.
Watch for future amendments if voting position or intent changes; current filing reads as a passive institutional disclosure.
Key Figures
Key Terms
beneficially owned regulatory
sole dispositive power regulatory
Reporting Business Units other
Schedule 13G/A regulatory
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