Form 4: Worthington Enterprises CEO Joseph Hayek Reports Stock Transactions
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
| Date | Description |
|---|---|
| March 31, 2025 | Date of the plan statement for the IRA dividend reinvestment. |
| May 06, 2025 | Date of the reported stock transaction. |
| May 07, 2025 | Date 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
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