WS Worthington Steel, Inc. Insider Trading

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.

Director Jon J Bowsher purchases 2,500 shares of Worthington Steel at $40.15; stock now at $44.41, up 26.4% in 30 days.

Director Jon J Bowsher purchased 2,500 shares at $40.15 on 2026-01-30, increasing his holdings to 17,893 shares (+16.2% net change). The transaction occurred at a price $4.26 below the current market price of $44.41, and the stock has appreciated 26.4% over the 30 days following the purchase. Worthington Steel trades near its 52-week high and shows strong recent momentum (up 40.2% over 90 days), though the company faces headwinds with annual revenue declining 9.8% year-over-year and a P/E of 18.05. The insider's accumulation in a director-level position may indicate conviction amid the positive near-term price movement, though the deteriorating revenue growth warrants investor attention to underlying business fundamentals.

Director Kelly Scott J bought 7,000 shares of Worthington Steel at $39.11; holdings rise 76.4% to 16,157 shares.

Kelly Scott J, a Director, purchased 7,000 shares at $39.11 for a total value of $273,769.30, increasing his holdings by 76.4% from 9,157 to 16,157 shares. The purchase occurred near the 52-week high of $40.37, with the current price at $40.15 (-0.5% from that peak), and the stock has advanced 13.3% over the last 30 days and 25.5% over 90 days, signaling recent positive momentum. The company's fundamentals show modest profitability—$18.8M net income on $871.9M quarterly revenue—but annual revenue has contracted 9.8% year-over-year, which stands in tension with the recent price strength. The substantial increase in the Director's stake warrants attention to whether this reflects confidence in an inflection or consolidation following the recent rally.