CHAN KEVIN J 4/A

What Happened
Kevin J. Chan, Controller of Worthington Enterprises, received an award of 20.20 theoretical (phantom) Worthington shares on March 25, 2026. The phantom shares were valued at $49.51 each for a total reported value of approximately $1,000. This filing is an amendment correcting an earlier Form 4 reporting error.

Key Details

• Transaction type: Award/grant of derivative phantom shares (code A).
• Transaction date and price: March 25, 2026; 20.20 shares at $49.51 each (total ~$1,000).
• Shares owned after transaction: Not specified in this amended filing.
• Amendment note: The Form 4 filed June 2, 2026 corrects an administrative error — the original filing had reported 13.29 phantom shares credited on March 24, 2026 at $51.88 (now corrected to 20.20 shares on March 25 at $49.51).
• Dividend reinvestment: The reported amount includes additional unfunded theoretical shares credited under the plan’s dividend reinvestment feature as of December 31, 2025.
• Derivative details: These are "phantom" (unfunded theoretical) WOR shares under the company’s deferred compensation plan that track common shares one-for-one.

Context

• Phantom shares are a deferred-compensation derivative: no actual common shares were transferred now. Under the plan, distributions are made only in WOR common shares and generally occur when a participant leaves the company.
• This is an administrative correction (amended Form 4); it does not by itself indicate a market view or trading intent.