Worthington Steel, Inc.·4

Jul 8, 5:00 PM ET

ADAMS TIMOTHY A 4

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Worthington Steel CFO Timothy Adams Receives Award; 1,266 Shares Withheld

What Happened Timothy A. Adams, Chief Financial Officer of Worthington Steel (WS), received a performance share award that vested on July 7, 2026: 2,837 shares were granted/acquired at $0.00. To satisfy tax-withholding obligations upon vesting, 1,266 of those shares were withheld/disposed at an indicated value of $32.16 per share, totaling about $40,715. This is a vesting of an award (not an open-market purchase or sale) and the withholding is a routine tax-related disposition.

Key Details

  • Transaction date: 2026-07-07; filing date: 2026-07-08 (timely filing).
  • Award: 2,837 shares granted/vested (transaction code A).
  • Tax withholding/disposition: 1,266 shares at $32.16 each, proceeds/value ≈ $40,715 (transaction code F).
  • Shares owned after the transaction: not disclosed in the provided filing.
  • Relevant footnotes: F1 — vesting of a 2023 performance share award; F2 — shares withheld to satisfy tax withholding.
  • No 10b5-1 plan or late-filing flag noted in this filing.

Context This transaction reflects the normal vesting of a prior performance-based equity grant and the customary withholding of shares to cover taxes. Such withholding is a standard administrative step and does not by itself indicate a decision to sell remaining shares or a directional view on the stock.