HAYEK JOSEPH B 4

4 · WORTHINGTON ENTERPRISES, INC. · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

Worthington (WOR) CEO Joseph Hayek Receives 4.88-Share Award

What Happened

Joseph B. Hayek, President & CEO and a director of Worthington Enterprises, was credited with 4.88 shares (derivative/phantom stock) on May 29, 2026. The award is reported at $56.77 per share for a total reported value of approximately $277. This was an award/acquisition (Form 4 code "A"), not an open‑market purchase or sale.

Key Details

Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (filed within the two-business-day requirement).
Security: The reported shares are derivative/“phantom” WOR common shares credited under Worthington’s deferred compensation plans (not immediate issuance of cash).
Price/value: $56.77 per share; total reported value ≈ $277.
Shares owned after transaction: not specified in the provided filing.
Footnotes: dividend reinvestment increased the credited shares (F1, F4); phantom shares track WOR one-for-one (F2); phantom 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 (F3).

Context

These were theoretical/phantom shares credited under deferred compensation plans (derivative securities). That means Hayek did not buy open‑market stock nor sell shares — the entry reflects compensation/plan credits (including dividend reinvestment), which are common and do not necessarily signal a change in insider sentiment.

Form 4

Period: 2026-05-29

DirectorPresident & CEO

Transactions

Award
Phantom Stock Acquired Under the Deferred Compensation Plan
[F2][F3][F4]
2026-05-29$56.77/sh+4.88$277→ 5,334.19 total
→ Common Shares (4.88 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|2026-06-02

1 file