Form 4: Kevin Chan's WOR Holdings Change

Sentiment:

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

DateDescription
08/08/2025Date of earliest transaction
08/11/2025Date of signature

Keywords

Form 4, Worthington Enterprises, Kevin Chan, Beneficial Ownership, Common Shares, Phantom Stock, 401(k) Plan, Dividend Reinvestment

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