Worthington Steel President Larivey Clifford Withholds 21,607 Shares for Taxes

What Happened

• Larivey Clifford, President, Flat Rolled Steel Processing at Worthington Steel (WS), had 21,607 shares withheld on 2026-09-28 to satisfy tax withholding related to vested restricted stock. The withheld shares were recorded at $36.87 each, for a total value of about $796,650. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-28 at $36.87 per share.
• Shares involved: 21,607 shares withheld (disposed) to cover tax obligations.
• Total value: approximately $796,650.
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — shares were withheld upon the vesting of restricted stock to satisfy the reporting person's tax withholding obligations.
• Filing/timeliness: Report filed 2026-09-30 (within the typical 2-business-day Form 4 window).

Context

• This is a routine tax-withholding event tied to RSU vesting (a cashless retention of shares), not a discretionary open-market sale; such transactions are common and generally do not by themselves indicate a change in insider sentiment.