BOWES JAMES R 4
4 · WORTHINGTON ENTERPRISES, INC. · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
Worthington (WOR) President James Bowes Receives 1,014-Share Award
What Happened
James R. Bowes, President — Building Products, was issued 1,014 common shares as the payout of a long-term performance award (code A) on July 7, 2026. To satisfy tax withholding on the vesting, 453 of those shares were withheld/disposed (code F) at $53.09 per share, producing proceeds of $24,050. This was an award/vesting event, not an open-market purchase or voluntary sale.
Key Details
- Transaction date: 2026-07-07; Form filed: 2026-07-08 (timely filing).
- Award: 1,014 shares @ $0.00 (grant/award).
- Tax withholding disposition: 453 shares @ $53.09 = $24,050 (reported as disposal to cover tax).
- Footnote F1: Award stems from a long-term performance share grant made June 30, 2023 under the company’s LTIP; payout approved by the Compensation Committee on June 22, 2026 based on performance for the three-year period ending May 31, 2026.
- Footnote F2: The 453-share disposition represents shares withheld to satisfy tax withholding upon vesting.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- This was a performance-based vesting award (routine executive compensation) rather than an open-market buy or purposeful sale; the withheld shares disposition is a standard tax-withholding mechanism.
- Such award-related transactions reflect compensation outcomes, not direct insider market timing or a change in stake intent.
Insider Transaction Report
Form 4
BOWES JAMES R
President - Building Products
Transactions
- Award
Common Shares
[F1]2026-07-07+1,014→ 20,399 total - Tax Payment
Common Shares
[F2]2026-07-07$53.09/sh−453$24,050→ 19,946 total
Footnotes (2)
- [F1]A long-term performance share award was granted on June 30, 2023 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2026. On June 22, 2026, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three-year period ended May 31, 2026.
- [F2]Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
Signature
/s/Patrick J. Kennedy, as attorney-in-fact for James R. Bowes|2026-07-08