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Worthington Steel, Inc. — fact timeline

Source-grounded facts extracted from Worthington Steel, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

WS Worthington Steel, Inc. JSON

Gwen Joseph was appointed as Corporate Controller and Principal Accounting Officer at Worthington Steel, Inc..

“Also on June 23, 2026, the Board of Directors of the Company appointed Gwen Joseph as Corporate Controller and Principal Accounting Officer of the Company, effective June 23, 2026.”

Steven R. Witt retired as Corporate Controller and Principal Accounting Officer at Worthington Steel, Inc..

“On June 23, 2026, Steven R. Witt announced his retirement from his position as Corporate Controller and Principal Accounting Officer of Worthington Steel, Inc. (the “Company”), effective June 23, 2026.”
M&A Transactions

Worthington Steel, Inc. completed an acquisition involving Klöckner & Co SE for €11.00 per Klöckner Share (closed 2026-06-03).

“public cash takeover offer to all shareholders of Klöckner to tender each issued and outstanding share of Klöckner (the “ Klöckner Shares ”) to BidCo at a cash consideration of €11.00 per Klöckner Share (such offer, as amended, the “ Offer ,” and the transactions contemplated thereby, the “ Klöckner Acquisition ”). On June 3, 2026 (the “ Settlement Date ”), the”
Debt Financings

Worthington Steel, Inc. incurred term loan of $700,000,000 with Wells Fargo, National Association maturing seven-year senior secured term loan B credit facility.

“provides for a seven-year senior secured term loan B credit facility in aggregate principal amount of $700,000,000”
Debt Financings

Worthington Steel, Inc. incurred senior notes of $700,000,000 aggregate principal amount with Deutsche Bank Trust Company Americas at 7.750% per annum maturing June 1, 2033.

“On June 1, 2026, the Company issued $700,000,000 aggregate principal amount of its 7.750% Senior Secured Notes due 2033”
Material Agreements

Worthington Steel, Inc. entered into Credit Agreement with Wells Fargo, National Association valued at $700,000,000 (effective 2026-06-01).

“On June 1, 2026, the Company entered into a term loan credit agreement (the " Credit Agreement "), among the Company, as borrower, the lenders from time to time party thereto, and Wells Fargo, National Association, as administrative agent.”
Material Agreements

Worthington Steel, Inc. entered into Indenture with Deutsche Bank Trust Company Americas valued at $700,000,000 aggregate principal amount (effective 2026-06-01).

“On June 1, 2026, the Company issued $700,000,000 aggregate principal amount of its 7.750% Senior Secured Notes due 2033 (the " Notes ," and such offering, the " Note Offering ") pursuant to an indenture (the " Indenture "), dated as of June 1, 2026, among the Company, as issuer, the guarantors from time to time party thereto (the " Note Guarantors ") and Deutsche Bank Trust Company Americas, as trustee and notes collateral agent.”
Earnings Releases

Worthington Steel, Inc. reported the three months ended February 28, 2026 (the third quarter of fiscal 2026) results: revenue $769.8 million, net income $10.4 million, EPS $0.20.

“financial results for the fiscal 2026 third quarter ended February 28, 2026. Third Quarter Highlights (all comparisons to the third quarter of fiscal 2025) : • Net sales of $769.8 million increased 12% compared to $687.4 million. • Operating income of $3.1 million compared to $18.3 million. • Net earnings attributable to controlling interest of $10.4 million”
Material Agreements

Worthington Steel, Inc. entered into BCA with Klöckner & Co SE valued at €11.00 for each Kloeckner Share (effective 2026-01-15).

“On January 15, 2026, Worthington Steel, Inc., an Ohio corporation (the “ Company ” or “ Worthington Steel ”), and Worthington Steel GmbH, a limited liability company established under German law ( Gesellschaft mit beschränkter Haftung ) (“ Bidder ”), and Klöckner & Co SE, a European stock corporation ( societas europaea ) organized under the laws of Germany (“ Kloeckner ”), entered into a business combination agreement (the “ BCA ”).”
Earnings Releases

Worthington Steel, Inc. reported the three months ended February 29, 2024 (the third quarter of fiscal 2024) and the nine months ended February 29, 2024 results: revenue $805.8 million, net income $49.0 million, EPS $0.98 per diluted share.

“Worthington Steel, Inc. (NYSE: WS) today reported financial results for the fiscal 2024 third quarter ended February 29, 2024. The Company reported net sales of $805.8 million and net earnings attributable to controlling interest of $49.0 million, or $0.98 per diluted share, for its fiscal 2024 third quarter.”

Joseph Y. Heuer was appointed as interim General Counsel at Worthington Steel, Inc..

“Joseph Y. Heuer, who was named interim General Counsel effective January 24, 2024.”

Michaune D. Tillman resigned as Vice President – General Counsel and Secretary at Worthington Steel, Inc..

“On January 22, 2024, Michaune D. Tillman, Vice President – General Counsel and Secretary of Worthington Steel, Inc. (“we,” “us,” “our” and “registrant”), provided us with notice of her resignation to accept another opportunity with a non-competing company.”

John B. Blystone was appointed as Executive Chairman of the Board at Worthington Steel, Inc..

“John B. Blystone was appointed to serve on our board of directors (“Board”), effective December 1, 2023, in class III, with a term scheduled to expire at our 2026 annual meeting of shareholders. Also effective December 1, 2023, Mr. Blystone, 70, was appointed to the office of Executive Chairman of the Board.”
Earnings Releases

Worthington Steel, Inc. reported Fiscal 2024 Second Quarter Ended November 30, 2023 results: revenue $808.0 million, net income $6.0 million, EPS $0.12 per diluted share.

“The Company reported net sales of $808.0 million and net loss attributable to controlling interest of $6.0 million, or $0.12 per diluted share, for its fiscal 2024 second quarter ended November 30, 2023.”
Governance Changes

Worthington Steel, Inc.: Amended Regulations became effective in connection with the Separation (effective 2023-11-30).

“the Company’s Amended Articles of Incorporation and Amended Regulations became effective.”
Governance Changes

Worthington Steel, Inc.: Amended Articles of Incorporation became effective in connection with the Separation (effective 2023-11-30).

“the Company’s Amended Articles of Incorporation and Amended Regulations became effective.”
M&A Transactions

Worthington Steel, Inc. underwent a change of control involving Worthington Enterprises, Inc. for pro rata distribution of 100% of the outstanding common shares of Worthington Steel to holders of record of Worthington Enterprises common shares (closed 2023-12-01).

“(“ Worthington Steel ,” the “ Company ,” “ we ,” “ us ” or “ our ”) from Worthington Enterprises, Inc. (formerly known as Worthington Industries, Inc.) (“ Worthington Enterprises ”) was completed.”

Charles M. Chiappone was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

Jon J. Bowsher was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

George P. Stoe was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

Nancy G. Mistretta was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

Mary Schiavo was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

Sidney A. Ribeau was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

John H. McConnell II was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

John B. Blystone was appointed as Director at Worthington Steel, Inc..

“John B. Blystone, John H. McConnell II, Sidney A. Ribeau, Mary Schiavo, Nancy G. Mistretta, George P. Stoe, Jon J. Bowsher, and Charles M. Chiappone were appointed to the Board to fill the vacancies created by the increase in the size of the Board and the resignation of Mr. Klingler.”

Jeff K. Klingler resigned as Director at Worthington Steel, Inc..

“On December 1, 2023, in connection with and effective upon the consummation of the Separation, Jeff K. Klingler resigned from the Board of Directors of Worthington Steel (the “ Board ”).”

Carl A. Nelson, Jr. was appointed as Director at Worthington Steel, Inc..

“Carl A. Nelson, Jr. was appointed to fill the vacancy created by the increase in the size of the Board”
Governance Changes

Worthington Steel, Inc.: Certificate of amendment filed to effect a stock split and eliminate stated capital (effective 2023-11-22).

“On November 22, 2023, Worthington Steel, Inc. (the “ Company ”) filed a certificate of amendment to the Articles of Incorporation of the Company (the “ Amendment ”) with the Secretary of State of the State of Ohio, which became effective as of such date.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.