KLINGLER JEFFREY R 4

What Happened Jeffrey R. Klingler, Chief Operating Officer of Worthington Steel, was granted 10,590 shares of restricted stock on 2026-06-26. The shares were issued at $0.00 per share (award/grant), so no cash was exchanged. This is a compensation award (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-26; grant price reported: $0.00; total immediate cash value reported: $0.
• Filing date: 2026-06-30 (filed with the SEC; timing appears timely under standard Form 4 rules).
• Shares owned after transaction: not reported in this filing.
• Footnote: Awarded under the Worthington Steel Inc. 2023 Long-Term Incentive Plan; restricted stock vests on the third anniversary of the grant (6/26/2029).
• Transaction type: Award/Grant of restricted stock (code A).

Context Restricted stock grants are a common element of executive compensation; they deliver shares but are subject to vesting and potential forfeiture until the vesting date. Such awards are routine and do not by themselves indicate the insider is buying or selling stock in the open market. Purchases or sales by insiders often carry more immediate informational value for investors.