0000950170-24-078832.txt : 20240628 0000950170-24-078832.hdr.sgml : 20240628 20240628105144 ACCESSION NUMBER: 0000950170-24-078832 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240627 FILED AS OF DATE: 20240628 DATE AS OF CHANGE: 20240628 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Caravati Steven M CENTRAL INDEX KEY: 0001862951 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08399 FILM NUMBER: 241082459 MAIL ADDRESS: STREET 1: WORTHINGTON INDUSTRIES, INC. STREET 2: 200 OLD WILSON BRIDGE ROAD CITY: COLUMBUS STATE: OH ZIP: 43085 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WORTHINGTON ENTERPRISES, INC. CENTRAL INDEX KEY: 0000108516 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 311189815 STATE OF INCORPORATION: OH FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: 200 W. OLD WILSON BRIDGE ROAD CITY: COLUMBUS STATE: OH ZIP: 43085 BUSINESS PHONE: 6144383210 MAIL ADDRESS: STREET 1: 200 W. OLD WILSON BRIDGE ROAD CITY: COLUMBUS STATE: OH ZIP: 43085 FORMER COMPANY: FORMER CONFORMED NAME: WORTHINGTON INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: WORTHINGTON STEEL CO DATE OF NAME CHANGE: 19720123 4 1 ownership.xml 4 X0508 4 2024-06-27 0000108516 WORTHINGTON ENTERPRISES, INC. WOR 0001862951 Caravati Steven M 200 WEST OLD WILSON BRIDGE ROAD COLUMBUS OH 43085 false true false false President - Consumer Products false Common Shares 2024-06-27 4 A false 3300 0 A 57282 D Common Shares 2024-06-27 4 A false 410 0 A 57692 D Common Shares 2024-06-27 4 A false 200 0 A 57892 D Non-qualified stock option (right to buy) 47.00 2024-06-27 4 A false 2900 0 A 2025-06-27 2034-06-27 Common Shares 2900 2900 D Non-Qualified Stock Option (Right to Buy) 38.25 2022-06-25 2031-06-25 Common Shares 2045 2045 D Non-Qualified Stock Option (Right to Buy) 29.48 2023-06-24 2032-06-24 Common Shares 3776 3776 D Non-Qualified Stock Option (Right to Buy) 44.15 2024-06-30 2033-06-30 Common Shares 3147 3147 D An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/27/2027). An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the second anniversary of the grant date (6/27/2026). An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the first anniversary of the grant date (6/27/2025). This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option will vest on 6/27/2026 and 6/27/2027. Pursuant to the Employee Matters Ageement between the Issuer and Worthington Steel, Inc. dated November 30, 2023, in connection with the Spin-Off, the strike price and the number of underlying shares of each unvested and vested but unexercised stock option held by the reporting person immediately before the Spin-Off was adjusted to preserve the intrinsic value of such award following the Spin-Off. Each adjusted option otherwise has substantially the same terms and conditions. This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested on 6/25/2023 and will vest 6/25/2024. This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested on 6/24/2024 and will vest 6/24/2025. This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option will vest on 6/30/2025 and 6/30/2026. /s/Patrick J. Kennedy, as attorney-in-fact for Steven M. Caravati 2024-06-28