Larivey Clifford 4
4 · Worthington Steel, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Worthington Steel (WS) President Larivey Clifford Sells 1,873 Shares
What Happened
Larivey Clifford, President of Flat Rolled Steel Processing at Worthington Steel (WS), had 1,873 shares withheld upon the vesting of restricted stock to satisfy tax withholding obligations. The shares were recorded as disposed at $33.58 per share for a total value of $62,895. This is a routine tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-01 (appears timely).
- Price: $33.58 per share; Total value shown: $62,895.
- Shares withheld: 1,873 (disposition code F — tax withholding).
- Footnote: Represents shares withheld upon vesting of restricted stock to satisfy the reporting person's tax withholding obligations.
- Shares owned after transaction: not specified in the provided report.
Context
Withholding of shares to cover taxes on vested restricted stock is common and typically administrative — it does not necessarily indicate the insider is reducing conviction in the company. Transaction code F denotes shares withheld for tax obligations rather than an active open-market sale.
Insider Transaction Report
- Tax Payment
Common Shares
[F1]2026-06-30$33.58/sh−1,873$62,895→ 68,545 total
Footnotes (1)
- [F1]Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligations upon such vesting.