KLINGLER JEFFREY R 4

What Happened

• Jeffrey R. Klingler, Chief Operating Officer of Worthington Steel (WS), had 4,898 shares withheld upon vesting of restricted stock to satisfy tax withholding obligations. The shares were valued at $33.58 each, totaling approximately $164,475. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-06-30
• Price per share: $33.58; Total value: ~$164,475
• Transaction type/code: Tax withholding upon vesting (Form 4 code F)
• Footnote: F1 — shares withheld upon the vesting of restricted stock to satisfy the reporting person's tax withholding obligations
• Shares owned after transaction: Not specified in the provided summary of the filing
• Filing timeliness: Report filed 2026-07-01 (next business day), so appears timely

Context

• This was a routine tax-withholding event tied to restricted stock vesting (cashless withholding), not a discretionary sale in the open market. Such withholding transactions are administrative and typically do not signal insider buying or selling intent.