BOWES JAMES R 4
Research Summary
AI-generated summary
WORTHINGTON (WOR) President James Bowes Withholds 562 Shares for Taxes
What Happened
- James R. Bowes, President — Building Products of Worthington Enterprises (WOR), had 562 shares withheld upon the vesting of restricted stock to satisfy tax withholding obligations. The shares were valued at $53.76 each, totaling $30,213 (reported as a disposition under code F).
Key Details
- Transaction date: 2026-06-30; filing date: 2026-07-01 (timely for the period ending 2026-06-30).
- Price: $53.76 per share; total value: $30,213.
- Transaction type/code: F — shares withheld for tax withholding upon vesting (not an open-market sale).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: F1 — represents shares withheld upon vesting to satisfy the reporting person's tax withholding obligation.
Context
- This was a routine tax-withholding event tied to restricted stock vesting (a disposition on the paperwork side) and does not represent an open-market sale or a new purchase signal. Such withholdings are common and generally reflect tax obligations rather than a change in insider sentiment.