Form 4: Worthington Enterprises Executive Sells Shares for Tax Obligations

James R. Bowes, President of Building Products at Worthington Enterprises, Inc., disposed of 853 common shares to cover tax withholding obligations related to restricted stock vesting.

Summary

• James R. Bowes, President Building Products at Worthington Enterprises, Inc. (WOR), disposed of 853 common shares.
• The transaction occurred on June 24, 2025.
• The shares were disposed of at a price of $60.15 per share.
• This disposition was a mandatory withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
• Following this transaction, Mr. Bowes beneficially owns 13,238 common shares directly.

Sentiment

Score: 6

Explanation: The transaction is a routine disposition of shares to cover tax obligations upon the vesting of restricted stock, indicating a positive compensation event for the executive.

Positives

• The transaction indicates the vesting of restricted stock, which is a positive event for the executive as it represents earned compensation.

Negatives

• The disposition of shares, while for tax purposes, reduces the executive's direct ownership stake in the company by 853 shares.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends or competitors. It reflects an individual executive's compensation event within Worthington Enterprises, Inc.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership due to a routine tax-related sale. Generally, minimal impact on share price or long-term shareholder value.
• Employees: No direct impact on general employees.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Keywords

Worthington Enterprises, WOR, SEC Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Executive Compensation, James R. Bowes, Building Products