Form 4: Worthington CFO Sells Shares for Tax Obligation

Worthington Enterprises' CFO, Colin J. Souza, disposed of 500 common shares to cover tax obligations related to restricted stock vesting.

Summary

• Colin J. Souza, VP & Chief Financial Officer of Worthington Enterprises, Inc. (WOR), reported a transaction involving company common shares.
• On September 22, 2025, 500 common shares were disposed of at a price of $61.03 per share.
• This disposition was a mandatory withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
• Following this transaction, Mr. Souza directly owns 17,900 common shares and indirectly owns 1.4 shares through a 401(k) plan, based on a statement dated August 31, 2025.

Sentiment

Score: 5

Explanation: This is a routine, non-discretionary transaction for tax purposes upon restricted stock vesting, which is a common occurrence for executives. It does not indicate any particular positive or negative sentiment regarding the company's prospects or the insider's view of the stock.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction report is specific to Worthington Enterprises and its CFO, Colin J. Souza. It does not provide information that directly relates to broader industry trends or competitor activities.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a small, routine, and non-discretionary transaction for tax purposes, unlikely to influence the company's valuation or strategic direction.

Key Dates

Keywords

Worthington Enterprises, WOR, Colin J. Souza, CFO, Form 4, insider transaction, share disposition, restricted stock, tax withholding