Worthington Steel, Inc.
For the period ended Feb 28, 2025. Filed Apr 11, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Feb 28, 2025 · Filed Apr 11, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. – Unregistered Sales of Equity Securities and Use of Proceeds
Unregistered Sales of Equity Securities
There were no equity securities of Worthington Steel sold by Worthington Steel during the period covered by this Form 10-Q, that were not registered under the Securities Act of 1933, as amended.
Issuer Purchases of Equity Securities
Common shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock awards and performance share awards are treated as common share repurchases. Those withheld common shares are not considered common share repurchases under an authorized common share repurchase plan. The table below provides information regarding common shares withheld from our employees to satisfy minimum statutory tax withholding obligations arising from the vesting of restricted common shares. The presentation of the table below and related footnotes represent full common share amounts.
| Total Number of | |||||||
|---|---|---|---|---|---|---|---|
| Common Shares | |||||||
| Purchased as · Maximum Number of | |||||||
| Total Number · Average Price · Part of Publicly · Common Shares that | |||||||
| of Common · Paid per · Announced · May Yet Be | |||||||
| Shares · Common · Plans or · Purchased Under the | |||||||
| Period · Purchased · Share · Programs (1) · Plans or Programs (2) | |||||||
| December 1-31, 2024 | 28,910 | $38.27 | - | - | |||
| January 1-31, 2025 | 2,858 | 28.99 | - | - | |||
| February 1-28, 2025 | 194 | 26.67 | - | - | |||
| Total | 31,962 | $37.37 | - | ||||
(1)
There were no common shares purchased during the period presented as part of publicly announced plans or programs.
(2)
No publicly announced plans or programs existed for the period presented.
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