HAYEK JOSEPH B 4

4 · WORTHINGTON ENTERPRISES, INC. · Filed Apr 20, 2026

AI-generated summary of this filing

Updated Apr 20, 2026

Worthington (WOR) CEO Joseph Hayek Receives Award of 5.02 Shares

What Happened

Joseph B. Hayek, President & CEO and Director of Worthington Enterprises, was credited with 5.02 shares (derivative/phantom shares) on April 17, 2026. The filing lists an acquisition value of $55.15 per share, totaling about $277. This was reported as an award/grant (derivative), not an open-market purchase.

Key Details

Transaction date and price: April 17, 2026 — 5.02 shares at $55.15 each (reported value ≈ $277).
Transaction type: A (Grant/Award/Other Acquisition) reported as a derivative (phantom/theoretical shares), not direct common-stock purchase.
Shares owned after transaction: Not specified in the provided filing excerpt.
Relevant footnotes:
- F1: Part of the amount includes common shares added via dividend reinvestment in an IRA (plan statement dated Mar 31, 2026).
- F2–F4: The reported units are “phantom” WOR shares credited under Worthington’s deferred compensation and nonqualified plans; they track WOR common shares one-for-one, are generally not transferable among plan options after Oct 1, 2014, and are paid out in WOR shares (typically upon departure).
Filing date: Form filed Apr 20, 2026, reporting the Apr 17 transaction (filing timeliness not stated in the excerpt).

Context

These were derivative/phantom-share credits under company plans (deferred compensation and plan dividend reinvestment), which represent a right to receive WOR shares later rather than an immediate market purchase. Such awards are typically routine compensation or plan-account adjustments and do not by themselves indicate a buy/sell decision in the open market.

Form 4

Period: 2026-04-17

DirectorPresident & CEO

Transactions

Award
Phantom Stock Acquired Under the Deferred Compensation Plan
[F2][F3][F4]
2026-04-17$55.15/sh+5.02$277→ 5,277.95 total
→ Common Shares (5.02 underlying)

Holdings

Footnotes (4)

[F1]The amount reported includes additional common shares acquired pursuant to the dividend reinvestment feature of the IRA as reported in the plan statement dated March 31, 2026.
[F2]The theoretical WOR common shares ("phantom stock") credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "Plan") track WOR common shares on a one-for-one basis.
[F3]Prior to October 1, 2014, the account balances related to the phantom stock investment option could be immediately transferred to other deemed investment options under the terms of the Plan. The Plan provides that, effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in WOR common shares and generally commence upon leaving Worthington Enterprises, Inc. and its subsidiaries.
[F4]The amount reported includes the additional unfunded theoretical common shares (i.e., phantom stock) credited pursuant to the dividend reinvestment feature of the 2005 NQ Plan on March 27, 2026.

Signature

/s/Patrick J. Kennedy, as attorney-in-fact for Joseph B. Hayek|2026-04-20

1 file