Kennedy Patrick J. 4

What Happened

• Patrick J. Kennedy, Worthington Enterprises' VP—General Counsel & Secretary, had two dispositions on June 29–30, 2026 where a total of 2,286 shares were withheld to satisfy tax withholding on vested restricted stock. The withholdings were: 741 shares at $53.77 ($39,844) and 1,545 shares at $53.76 ($83,059), totaling about $122,903.
• This was not an open-market sale but a routine tax-withholding disposition tied to vesting of restricted stock (a common administrative event), so it should not be read as an active bearish trade.

Key Details

• Transaction dates and prices:
  • 2026-06-29: 741 shares withheld at $53.77 — $39,844
  • 2026-06-30: 1,545 shares withheld at $53.76 — $83,059
• Total shares withheld: 2,286; total value ≈ $122,903.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld upon vesting of restricted stock to satisfy the reporter’s tax withholding obligation.
• Filing: Report filed 2026-07-01. No late-filing indication provided in the supplied data.

Context

• These transactions are tax-withholding dispositions (code F), not discretionary market sales or purchases. Such withholdings are routine when restricted shares vest and don’t necessarily signal the insider’s view of the company’s prospects.