WOR.NYSEWorthington Enterprises, INC
Form 4: Worthington Enterprises EVP and CFO Joseph B. Hayek Reports Changes in Beneficial Ownership
Sentiment:
SEC Form 4 Filing
Joseph B. Hayek, EVP and CFO of Worthington Enterprises, reports changes in beneficial ownership of common shares and phantom stock as of March 22, 2024.
Summary
- Joseph B. Hayek, the EVP and CFO of Worthington Enterprises, filed a Form 4 on March 25, 2024, reporting changes in his beneficial ownership of the company's securities.
- The reported transactions include acquisitions of phantom stock under the Deferred Compensation Plan on March 22, 2024.
- Hayek directly owns 203,883 common shares.
- He also indirectly owns 2,000 common shares through an IRA with Merrill-Lynch and 1,626 common shares through an IRA with Vanguard.
- He holds 4,093.64 units of phantom stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.
Key Dates
| Date | Description |
|---|---|
| December 31, 2023 | Date of plan statement for dividend reinvestment feature of the IRA. |
| December 31, 2023 | Date of dividend reinvestment feature of the 2005 NQ Plan. |
| October 1, 2014 | Effective date for restrictions on transferring phantom stock to alternative deemed investment options under the Plan. |
| March 22, 2024 | Date of transaction for phantom stock acquisition. |
| March 25, 2024 | Date of Form 4 filing. |
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