Kennedy Patrick J. 4

What Happened Patrick J. Kennedy, Vice President—General Counsel & Secretary of Worthington Enterprises, Inc. (WOR), was granted three awards of restricted common stock on 2026-06-25 totaling 4,770 shares (3,630 + 760 + 380). Each award is reported as an acquisition (code A) at $0.00 per share on the Form 4 (i.e., no cash paid at grant). The awards were made under the Worthington Enterprises, Inc. 2024 Long-Term Incentive Plan.

Key Details

• Transaction date: 2026-06-25; Form 4 filed 2026-06-26 (filed the next day, which appears timely).
• Awards: 3,630 shares (F1), 760 shares (F2), and 380 shares (F3); total = 4,770 shares.
• Price/consideration: $0.00 per share as reported (award/grant).
• Vesting (from footnotes):
  • F1: 3,630 shares vest on the third anniversary of grant.
  • F2: 760 shares vest on the second anniversary of grant.
  • F3: 380 shares vest on the first anniversary of grant.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code: A = Award/Grant (not a market purchase or sale).

Context Restricted stock awards are common executive compensation tools and are subject to vesting schedules; they do not represent an immediate sale or cash proceeds. Because these are grants (not open-market purchases or sales), they indicate compensation alignment rather than a direct trading signal. The filing appears timely (filed one day after the grant).