BOWES JAMES R 4

What Happened

• James R. Bowes, President — Building Products at Worthington Enterprises (WOR), had a total of 557 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock (RSUs). The transactions were dispositions for tax withholding, not open-market sales.
• Details: 40 shares withheld on 2026-06-26 at $56.35 each ($2,254) and 517 shares withheld on 2026-06-29 at $53.77 each ($27,799). Combined value ≈ $30,053.

Key Details

• Transaction dates and prices:
  • 2026-06-26: 40 shares @ $56.35 (F — tax withholding) = $2,254
  • 2026-06-29: 517 shares @ $53.77 (F — tax withholding) = $27,799
• Total shares withheld: 557; total value ≈ $30,053.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: F1 — shares were withheld upon RSU vesting to satisfy the reporting person's tax withholding obligation.
• Filing timeliness: Form 4 was filed 2026-06-30; no late filing is indicated in the report.

Context

• These transactions are routine tax-withholding dispositions tied to RSU vesting (disposition code F). They do not represent an open-market sale signaling a change in the insider’s market view — the company withheld shares to cover taxes rather than the insider actively selling shares.