Form 4: Worthington Director Receives Equity Award

Worthington Enterprises Director Kerrii B. Anderson was granted 2,815 restricted common shares as part of the company's 2025 Equity Plan.

Summary

• Kerrii B. Anderson, a Director of Worthington Enterprises, Inc. (WOR), was granted 2,815 common shares as a restricted stock award.
• The award was made on September 25, 2025, pursuant to the Worthington Enterprises, Inc. 2025 Equity Plan for Non-Employee Directors.
• The restricted stock was granted at a price of $0.00 per share.
• The restricted stock will vest on the earlier of the first anniversary of the grant date (September 25, 2026) or the date of the next Annual Meeting of Shareholders.
• Following this transaction, Kerrii B. Anderson directly beneficially owns 74,149 common shares.
• Indirect beneficial ownership includes 1,421 common shares through the Cameron Taff Anderson Separate Trust, 1,421 common shares through the Alexa M. Anderson Separate Trust, and 436 common shares through a spouse.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it represents a standard compensation practice that aligns director interests with shareholders, without indicating any negative operational or financial news.

Positives

• The grant of restricted stock aligns the interests of Director Kerrii B. Anderson with those of the company's shareholders.
• The award is part of an established equity plan (Worthington Enterprises, Inc. 2025 Equity Plan for Non-Employee Directors), indicating a structured approach to executive and director compensation.

Future Outlook

The 2,815 restricted common shares granted to Director Kerrii B. Anderson are scheduled to vest on the earlier of September 25, 2026, or the date of the next Annual Meeting of Shareholders of Worthington Enterprises, Inc.

Industry Context

The granting of restricted stock to non-employee directors is a common practice across industries, serving to align the interests of board members with long-term shareholder value creation and to provide competitive compensation.

Corporate Governance

Related Party Transactions

• Indirect beneficial ownership of 1,421 common shares through the Cameron Taff Anderson Separate Trust.
• Indirect beneficial ownership of 1,421 common shares through the Alexa M. Anderson Separate Trust.
• Indirect beneficial ownership of 436 common shares through a spouse.

Stakeholder Impact

• Shareholders: The equity award aligns the director's financial interests with shareholder value creation, potentially fostering more diligent oversight and strategic decision-making.
• Employees: No direct impact on employees is indicated by this filing.

Next Steps

• The restricted stock award will vest on the earlier of September 25, 2026, or the date of the next Annual Meeting of Shareholders.

Key Dates

Keywords

Worthington Enterprises, WOR, SEC Form 4, Insider Transaction, Restricted Stock, Equity Award, Director Compensation, Kerrii B. Anderson