Form 4: Worthington Enterprises Executive James R. Bowes Reports Stock Transaction
SEC Form 4 Filing
James R. Bowes, President of Building Products at Worthington Enterprises, reports disposition of 146 common shares to cover tax obligations.
Summary
- On December 23, 2024, James R. Bowes, President Building Products at Worthington Enterprises, disposed of 146 common shares.
- The transaction was executed at a price of $41.04 per share.
- This disposition was to cover tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Bowes directly owns 14,091 common shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an executive's stock transaction for tax purposes, and it doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of stock transaction: disposition of 146 common shares. |
| 12/26/2024 | Date of signature for the Form 4 filing. |
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