Worthington Enterprises (WOR) controller receives new phantom stock grant

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Worthington Enterprises (WOR) Controller Kevin J. Chan was granted 5.15 units of phantom stock, valued at $47.64 per unit, as part of a deferred compensation plan. This transaction, detailed in a Form 4 SEC filing, increases his phantom stock holdings to 207.82 units, alongside 5,806 direct common shares and 3,008.62 indirect common shares via a 401(k) plan. The phantom stock is a form of deferred equity compensation that tracks WOR common shares and is typically distributed only upon leaving the company.

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