Form 4: Worthington Enterprises Controller Kevin J. Chan Reports Beneficial Ownership Changes
SEC Form 4
Kevin J. Chan, Controller of Worthington Enterprises, reports changes in beneficial ownership of company stock due to 401(k) plan activity.
Summary
- Kevin J. Chan, Controller of Worthington Enterprises, filed a Form 4 detailing changes in his beneficial ownership of the company's common shares.
- On October 29, 2024, Chan began accruing shares in the Worthington Enterprises, Inc. Deferred Profit Sharing Plan (401(k) Plan).
- Due to an administrative error, Chan's 401(k) Plan holdings were not previously included in his Form 4 filings.
- As of February 28, 2025, Chan's 401(k) Plan holdings included 2,782.67 common shares.
- Chan also directly owns 5,589 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/29/2024 | Reporting Person made an allocation change and began accruing shares in the Worthington Enterprises, Inc. Deferred Profit Sharing Plan |
| 02/28/2025 | Date of Plan statement used to determine holdings in the Company Plan Fund under the 401(k) Plan |
| 03/04/2025 | Date of Form 4 filing |
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.