4//SEC Filing
SCHIAVO MARY FACKLER 4
Accession 0000950170-24-019409
CIK 0001968487other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 4:24 PM ET
Size
8.9 KB
Accession
0000950170-24-019409
Insider Transaction Report
Form 4
SCHIAVO MARY FACKLER
Director
Transactions
- Disposition to Issuer
Common Shares
2024-02-21$30.32/sh−0.439$13→ 85,989 total - Exercise/Conversion
Common Shares
2024-02-21+287.439→ 85,989.439 total - Exercise/Conversion
Phantom Stock Acquired Under Deferred Compenation Plan
2024-02-21−287.439→ 18,753.523 totalFrom: 2024-02-21Exp: 2024-02-21→ Common Shares (287.439 underlying)
Footnotes (2)
- [F1]Each share of WS Phantom Stock was the economic equivalent of one common share of Worthington Steel, Inc. Pursuant to an election made in 2013, the reporting person elected to receive 1/10th of amounts she deferred in 2014 in 2024. The reporting person elected to receive her WS Phantom Stock in common shares of Worthington Steel, Inc. Per the terms of the NQ Plan, all fractional shares are paid in cash.
- [F2]Represents unfunded theoretical common shares (i.e. phantom stock) of the Issuer ("WS Phantom Shares") credited to a bookkeeping account for the benefit of the Reporting Person under the Worthington Steel, Inc. Non-Qualified Deferred Compensation Plan for Directors ("NQ Plan"). The WS Phantom Shares credited to the Reporting Person's account track common shares of the Issuer on a one-for-one basis. Distributions are made only in common shares of the Issuer and generally commence upon leaving the Issuer and its subsidiaries.
Documents
Issuer
Worthington Steel, Inc.
CIK 0001968487
Entity typeother
Related Parties
1- filerCIK 0001194134
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 4:24 PM ET
- Size
- 8.9 KB