Worthington Steel (WS) President Larivey Clifford Receives Award

What Happened

• Larivey Clifford, President, Flat Rolled Steel Processing at Worthington Steel, received an award of 6,110 restricted shares on 2026-06-26. The acquisition price is reported as $0.00 (an employer grant/award), so no cash was paid by the insider.

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (timely filing).
• Transaction type/code: Award/Grant (A) — restricted stock.
• Shares granted: 6,110; reported acquisition price: $0.00.
• Vesting: These restricted shares will vest on the third anniversary of the grant date (6/26/2029) under the Worthington Steel Inc. 2023 Long-Term Incentive Plan.
• Shares owned after transaction: not specified in the filing.

Context

• This was a compensation award (restricted stock) rather than a market purchase or sale. Restricted shares typically cannot be sold until they vest, so this is not an immediate liquidity or market-timing signal.
• Such grants are common as part of executive long-term incentive plans and reflect compensation, not necessarily a direct endorsement to buy or sell company stock.