HAYEK JOSEPH B 4

What Happened

• Joseph B. Hayek, President & CEO and a director of Worthington Enterprises, received an award/acquisition of 4.69 theoretical/common shares on February 6, 2026, reported at a per-share value of $59.10 (total ≈ $277). The transaction is reported as a derivative award (phantom stock/common-share credit), not an open-market buy or sale.

Key Details

• Transaction date and price: 2026-02-06, 4.69 shares @ $59.10 each (total ≈ $277).
• Transaction type: Award/grant (derivative) — code A on Form 4.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes of note:
  • F1/F4: Includes additional shares credited via dividend reinvestment features (IRA and 2005 NQ Plan) as of Dec 31, 2025.
  • F2: The credited amounts are "phantom stock" that track Worthington common shares one-for-one.
  • F3: Phantom stock amounts generally cannot be transferred to other Plan options after Oct 1, 2014, and are distributed only in WOR common shares (typically upon leaving the company).
• Filing timeliness: Form filed on 2026-02-09 for a 2026-02-06 transaction — reported within the standard SEC reporting window.

Context

• This was an award/crediting of phantom stock (a derivative form of equity that tracks actual WOR shares) rather than a cash purchase or sale; such credits often reflect plan accruals or dividend reinvestment and do not necessarily signal active market buying or selling by the insider.