Form 4: Worthington Enterprises CEO Joseph Hayek Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Joseph Hayek, President & CEO of Worthington Enterprises, reports a disposition of common shares and updates to his beneficial ownership, including shares held in IRAs.

Summary

  • On May 6, 2025, Joseph B. Hayek, President & CEO and a Director of Worthington Enterprises, reported transactions involving the company's common shares.
  • Hayek disposed of 517 common shares at $0, likely a gift or transfer.
  • Following the reported transactions, Hayek directly owns 186,990 common shares.
  • He also indirectly owns 2,000 shares through a Merrill-Lynch IRA and 1,656 shares through a Vanguard IRA.
  • The shares held in the Vanguard IRA include additional common shares acquired pursuant to the dividend reinvestment feature as reported in the plan statement dated March 31, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the trading activities of the company's CEO.

Key Dates

DateDescription
March 31, 2025Date of the plan statement for the IRA dividend reinvestment.
May 06, 2025Date of the reported stock transaction.
May 07, 2025Date of signature for the Form 4 filing.

Keywords

Worthington Enterprises, Joseph Hayek, Form 4, Beneficial Ownership, Stock Transaction, Common Shares, Director, CEO, IRA, Dividend Reinvestment

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.