Form 4: Worthington Enterprises CEO B. Andrew Rose Reports Stock Transaction
SEC Form 4 Filing
B. Andrew Rose, President & CEO of Worthington Enterprises, reports the disposal of 45,005 common shares to cover tax obligations upon vesting of restricted stock on November 1, 2024.
Summary
- On November 1, 2024, B. Andrew Rose, President & CEO of Worthington Enterprises, disposed of 45,005 common shares.
- The transaction was executed to cover tax withholding obligations upon the vesting of restricted stock.
- The shares were disposed of at a price of $38.82 per share.
- Following the transaction, Rose directly owns 377,002 common shares of Worthington Enterprises.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade in their company's stock. It provides transparency to the market about the transactions of company leadership.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock disposal by the CEO.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock transaction where 45,005 common shares were disposed of to cover tax obligations. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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