BLYSTONE JOHN B 4
4 · Worthington Steel, Inc. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Worthington Steel Exec. Chairman John Blystone Receives Award, Sells Shares
What Happened
- John B. Blystone, Executive Chairman and Director of Worthington Steel (WS), was granted 14,665 restricted shares (code A) on 2026-06-26. On 2026-06-29, 7,414 shares were disposed (code F) to satisfy tax withholding obligations, at an indicated per-share value of $35.16 for a total of $260,676. The grant shows an acquisition at $0 (restricted stock award).
Key Details
- Transaction dates & prices:
- 2026-06-26: Award of 14,665 restricted shares (acquired at $0.00).
- 2026-06-29: 7,414 shares withheld/disposed at $35.16 per share (total value $260,676) to cover taxes.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Footnotes:
- F1: The restricted stock was granted under the Worthington Steel 2023 Long-Term Incentive Plan and vests on 6/26/2029 (three-year vesting).
- F2: The 7,414-share disposition represents shares withheld to satisfy the reporting person's tax withholding obligations upon vesting.
- Filing timeliness: Filing dated 2026-06-30; no late-filing flag was provided in the excerpt.
Context
- This was an equity award (restricted stock) plus a tax-withholding transaction — not an open-market sale. Tax withholding (code F) is routine when restricted shares vest or taxes become due and does not necessarily signal the insider’s view of the stock. The award will vest in three years per the plan terms.
Insider Transaction Report
Form 4
BLYSTONE JOHN B
DirectorExecutive Chairman
Transactions
- Award
Common Shares
[F1]2026-06-26+14,665→ 241,029 total - Tax Payment
Common Shares
[F2]2026-06-29$35.16/sh−7,414$260,676→ 233,615 total
Footnotes (2)
- [F1]An award of restricted stock was granted pursuant to the Worthington Steel Inc. 2023 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/26/2029).
- [F2]Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligations upon such vesting.
Signature
/s/Joseph Y. Heuer, as attorney-in-fact for John B. Blystone|2026-06-30