secwatch.observer — SEC 8-K summary
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Issuer:     WORTHINGTON ENTERPRISES, INC. (WOR)
CIK:        0000108516
Form:       8-K/A
Filed at:   2022-03-25T23:59:59+00:00
Accession:  0001564590-22-011777
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Industries names Steven Witt Corporate Controller; details compensation
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- Steven Witt appointed Corporate Controller and CAO effective April 12, 2022; replaces Richard Welch who will retire.
- Base salary set at $260,000; short-term cash incentive bonus target $130,000 for period ending May 31, 2022.
- Restricted stock award of 2,000 common shares vesting on third anniversary (April 12, 2025).
- Long-term performance share award up to 1,600 shares and cash award up to $150,000 for FY2019-2022 period.
- Welch, Corporate Controller for 22 years, transitions to advisory role then retires after fiscal year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108516/000156459022011777/0001564590-22-011777-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108516/000156459022011777/wor-8ka_20220301.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-011777

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