Upgrade to SI Premium - Free Trial

Form 4 Worthington Steel, Inc. For: Jun 01 Filed by: KLINGLER JEFFREY R

June 3, 2026 4:40 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
KLINGLER JEFFREY R
(Last) (First) (Middle)
100 OLD WILSON BRIDGE ROAD
(Street)
COLUMBUS OH 43085
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Worthington Steel, Inc. [ WS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 06/01/2026 M 200 A $ 21.51 93,412 D
Common Shares 06/01/2026 S 200 D $ 43 93,212 D
Common Shares 06/02/2026 M 3,442 A $ 18.64 96,654 D
Common Shares 06/02/2026 M 6,259 A $ 21.51 102,913 D
Common Shares 06/02/2026 M 10,335 A $ 14.37 113,248 D
Common Shares 06/02/2026 S 14,008 D $ 43.5217 (1) 99,240 D
Common Shares 06/02/2026 S 6,028 D $ 44.5283 (2) 93,212 D
Commons Shares 4,600 I By IRA
Common Shares 1.22 I By 401K
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualifed Stock Options (Right to Buy) $ 21.51 06/01/2026 M 200 06/30/2024 (3) 06/30/2033 Common Shares 200 $ 0 9,489 D
Non-Qualifed Stock Options (Right to Buy) $ 21.51 06/02/2026 M 6,259 06/30/2024 (3) 06/30/2033 Common Shares 6,259 $ 0 3,230 D
Non-Qualifed Stock Options (Right to Buy) $ 18.64 06/02/2026 M 3,442 06/25/2024 (4) 06/25/2031 Common Shares 3,442 $ 0 0 D
Non-Qualifed Stock Options (Right to Buy) $ 14.37 06/02/2026 M 10,335 06/24/2025 (5) 06/24/2032 Common Shares 10,335 $ 0 0 D
Explanation of Responses:
1. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $43.00 to $43.96, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
2. The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $44.02 to $44.87, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
3. This non-qualified stock option was granted pursuant to the Worthington Steel, Inc. 2023 Long Term Incentive Plan. The date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option vested on 6/30/2025 and will vest on 6/30/2026.
4. This non-qualified stock option was granted pursuant to the Worthington Steel, Inc. 2023 Long Term Incentive Plan. The date listed is the date upon which this non-qualifed stock option became fully exercisable.
5. This non-qualified stock option was granted pursuant to the Worthington Steel, Inc. 2023 Long Term Incentive Plan. The date listed is the date upon which this non-qualifed stock option became fully exercisable.
/s/Joseph Y. Heuer, as attorney-in-fact for Jeffrey R. Klingler 06/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Categories

SEC Filings