Joseph Gwen 4

What Happened
Joseph Gwen, Corporate Controller of Worthington Steel, was granted a restricted stock award of 1,630 shares on 2026-06-26. The shares were recorded at $0.00 acquisition price (award, not a market purchase), so the transaction shows $0 cash paid. This is a compensation grant rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-06-26; Filing date: 2026-06-30 (filed within the SEC Form 4 deadline).
• Transaction type/code: A = Award/Grant of restricted stock.
• Shares granted: 1,630; reported acquisition price: $0.00; reported total cash value: $0.
• Shares owned after the transaction: Not specified in the filing.
• Footnote: Award made under Worthington Steel’s 2023 Long-Term Incentive Plan; restricted stock vests on the third anniversary of the grant (6/26/2029).

Context
Restricted stock awards are compensation and typically subject to vesting conditions; they are not an immediate market purchase and do not necessarily signal near-term buying or selling intent. The three-year vesting schedule means the shares will become free of restrictions on 6/26/2029 if vesting conditions are met. The filing appears timely, and no additional 10b5-1, tax-withholding, or cashless-exercise details are included.