HAYEK JOSEPH B 4

4 · WORTHINGTON ENTERPRISES, INC. · Filed Jun 15, 2026

AI-generated summary of this filing

Updated Jun 15, 2026

Worthington (WOR) CEO Joseph Hayek Receives Award of 4.64 Shares

What Happened

Joseph B. Hayek, President & CEO and a director of Worthington Enterprises, received 4.64 shares (derivative/phantom shares) credited to his accounts on 2026-06-12. The report values the award at $59.68 per share for a total of about $277. This was not an open-market purchase or sale but an award/acquisition of theoretical/derivative shares.

Key Details

Transaction date and price: 2026-06-12; 4.64 shares priced at $59.68 each (total ~$277). Transaction code: A (award/acquisition); reported as derivative.
Shares owned after transaction: Not specified in the filing.
Notable footnotes:
- F1: Includes additional common shares from dividend reinvestment in an IRA (plan statement dated March 31, 2026).
- F2–F4: These shares are "phantom stock" under Worthington’s deferred compensation plan (track WOR shares 1:1); phantom shares are unfunded, generally paid in WOR common shares upon distribution and (for credits after Oct 1, 2014) cannot be transferred to other deemed investment options until distribution.
Filing timeliness: Report filed 2026-06-15 for the 2026-06-12 transaction; the filing appears timely under Form 4 rules.

Context

This was a derivative/phantom-stock credit (deferred compensation and IRA dividend reinvestment), not a cash purchase or sale. Such awards are routine compensation or plan activity and do not necessarily signal immediate insider buying or selling intent.

Form 4

Period: 2026-06-12

DirectorPresident & CEO

Transactions

Award
Phantom Stock Acquired Under the Deferred Compensation Plan
[F2][F3][F4]
2026-06-12$59.68/sh+4.64$277→ 5,338.83 total
→ Common Shares (4.64 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|2026-06-15

1 file