Form 4: Kevin Chan's WOR Holdings Change
SEC Form 4
Kevin Chan, Controller at Worthington Enterprises, reports changes in beneficial ownership of common shares and phantom stock due to 401(k) activity and dividend reinvestment.
Summary
- Kevin Chan, Controller of Worthington Enterprises, Inc., filed a Form 4.
- The earliest transaction date reported is August 8, 2025.
- Chan's holdings include common shares held directly and indirectly through a 401(k) plan, as well as phantom stock.
- A total of 6,549 common shares are held directly.
- 2,944.07 common shares are held indirectly through a 401(k) plan.
- 3.73 phantom stock units were acquired.
- 136.89 phantom stock units were disposed of.
Sentiment
Score: 5
Explanation: The filing is a standard disclosure of stock transactions and does not inherently convey positive or negative sentiment.
Positives
- Acquisition of 3.73 units of phantom stock.
Negatives
- Disposal of 136.89 units of phantom stock.
Future Outlook
N/A
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/08/2025 | Date of earliest transaction |
| 08/11/2025 | Date of signature |
Keywords
Form 4, Worthington Enterprises, Kevin Chan, Beneficial Ownership, Common Shares, Phantom Stock, 401(k) Plan, Dividend Reinvestment
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