Form 4: Worthington Enterprises Senior VP Sells Shares for Tax Withholding
Insider Transaction Report
Sonya L. Higginbotham, Senior Vice President of Worthington Enterprises, Inc., disposed of 604 common shares to cover tax obligations related to restricted stock vesting.
Summary
- Sonya L. Higginbotham, Senior Vice President of Worthington Enterprises, Inc. (WOR), disposed of 604 common shares.
- The transaction occurred on June 24, 2025, at a price of $60.15 per share.
- This disposition was an exempt transaction (Code F), specifically for tax withholding upon the vesting of restricted stock.
- Following this transaction, Ms. Higginbotham directly beneficially owns 16,664 common shares.
- Additionally, she indirectly beneficially owns 439.36 common shares through a 401(k) Plan, as of May 31, 2025.
Sentiment
Score: 5
Explanation: The transaction is a routine tax-related sale of shares upon vesting of restricted stock, which is a neutral event and does not indicate a change in management's confidence or company performance.
Stakeholder Impact
- Shareholders: The sale of 604 shares for tax withholding is a minor transaction relative to the company's total shares outstanding and is unlikely to have a material impact on the share price or shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/31/2025 | Date of 401(k) Plan statement on which indirect beneficial ownership information is based. |
| 06/24/2025 | Date of transaction for the disposition of common shares. |
| 06/25/2025 | Date the Form 4 was signed. |
Keywords
Worthington Enterprises, WOR, SEC Form 4, Insider Trading, Stock Sale, Tax Withholding, Restricted Stock, Sonya L. Higginbotham, Senior Vice President
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