Worthington Enterprises (WOR) Controller Receives Minor Stock Award
WORTHINGTON ENTERPRISES, INC.
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Filing Summary
Worthington Enterprises (WOR) Controller Receives Minor Stock Award
Company: WORTHINGTON ENTERPRISES, INC. (WOR) Form: 4 | Filed: 2025-11-03 Significance: Low
Insider: CHAN KEVIN J Title: Controller | Relationship: Officer
Transaction: • Type: Award • Shares: 4.37 (Phantom Stock) • Price: $56.09 • Value: $245 • Owned After: 161.8 (Phantom Stock)
Key Insight: This is a routine, de minimis acquisition of phantom stock under a deferred compensation plan. The transaction value is negligible and holds no analytical significance.
Market Context: The transaction represents less than 0.00001% of the company's $2.79B market cap and has no impact on the market.
Comprehensive Analysis
SEC Filing Analysis: WORTHINGTON ENTERPRISES, INC. (WOR)
Executive Summary
- Trading Significance: Low
- Key Takeaway: The Controller, Kevin J. Chan, acquired a negligible amount of phantom stock valued at approximately $245 as part of a deferred compensation plan.
- Market Impact: Neutral. The transaction is immaterial and has no market impact.
Company Information
| Field | Value |
|---|---|
| Company | WORTHINGTON ENTERPRISES, INC. |
| Ticker Symbol | WOR |
| CIK | 0000108516 |
| Industry | Steel Works, Blast Furnaces & Rolling & Finishing Mills |
Insider Information
| Field | Value |
|---|---|
| Name | CHAN KEVIN J |
| CIK | 0002002524 |
| Title/Position | Controller |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-10-31 |
| Transaction Code | A (Award) |
| Security Type | Phantom Stock |
| Shares Involved | 4.37 |
| Price Per Share | $56.09 |
| Total Value | $245.11 |
| Shares Owned After | 161.80 (Phantom Stock) |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $245.11 |
| % of Market Cap | <0.0001% |
| Shares Transacted | 4.37 |
| % of Shares Outstanding | <0.0001% |
| Post-Transaction Ownership | 9,270.7 Common Shares (0.0186% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction value of $245 is insignificant against the company's $2.79 billion market capitalization.
- Ownership Concentration: The insider's total direct and indirect holding of common shares (9,270.7) remains a very small fraction (0.0186%) of the total shares outstanding.
- Transaction Significance: The acquisition is a routine award under a deferred compensation plan, as indicated by the footnotes and the 'A' transaction code. It represents a non-discretionary event with no investment signal.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction is de minimis and part of a standard compensation structure. It provides no new information to the market.
Volume & Sentiment
- Expected Volume Impact: None. The transaction is too small to influence trading volume.
- Sentiment Indicator: Neutral. This filing is informational and does not imply any bullish or bearish sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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