Form 4: Worthington Steel COO Reports Tax-Related Stock Sale

Worthington Steel's Chief Operating Officer, Jeffrey R. Klingler, reported a tax-related disposition of 1,429 common shares.

Summary

• Jeffrey R. Klingler, Chief Operating Officer of Worthington Steel, Inc. (WS), reported a transaction involving the disposition of common shares.
• The transaction, dated December 22, 2025, involved 1,429 common shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
• The value of the shares withheld was $36.32 per share.
• Following this transaction, Klingler directly beneficially owns 93,212 common shares.
• Additionally, Klingler indirectly beneficially owns 4,600 common shares through an IRA and 1.22 common shares through a 401K.

Sentiment

Score: 5

Explanation: The transaction represents a routine, non-discretionary disposition of shares to cover tax obligations upon the vesting of restricted stock, which is a common event for executives and does not inherently signal positive or negative sentiment regarding the company's future performance or the insider's confidence.

Stakeholder Impact

• Shareholders may note the routine insider transaction, but it is unlikely to have a significant impact given its non-discretionary nature for tax purposes.

Key Dates

Keywords

Worthington Steel, WS, Form 4, insider transaction, Jeffrey R. Klingler, Chief Operating Officer, tax withholding, common shares