COO Jeffrey Klingler sells 20,236 shares at blended $43.82 via 10b5-1 plan; retains 93,212 shares plus 12,719 derivative holdings.
Jeffrey R Klingler, Chief Operating Officer of Worthington Steel, executed three separate sales totaling 20,236 shares for $886,668.56 on June 1–2, 2026, at prices ranging from $43.00 to $44.53. This filing is part of a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled in advance rather than discretionary responses to market conditions. Following the sales, Klingler retains 93,212 non-derivative shares and maintains 12,719 shares in derivative holdings (non-qualified stock options), representing a -17.8% reduction in his non-derivative position. The stock has appreciated +10.8% over the prior 30 days and currently trades at $42.19, down 14.2% from its 52-week high of $49.17, suggesting the insider sold above recent lows. With only 1 prior open-market sale across all tickers in his cross-ticker track record, this structured divestiture reflects execution of a pre-planned window rather than a pattern of frequent trading.