Worthington Steel (WS) President Larivey Sells $741K of Stock
Key Points
- Clifford Larivey, President Flat Rolled Stl Proc at Worthington Steel, Inc., sold 18,370 shares on October 16, 2026, at an average price of $40.31 per share.
- The transaction reduced Larivey's direct holdings by about 35.4%, leaving him with 33,519 shares of the company.
- The planned sale was executed under a pre-arranged trading plan, following earlier insider trades by top executives earlier in the year.
Since the trade, $WS is up 5.0% to date (from the $39.68 close on Oct 16, 2026).
Get Worthington Steel text alerts
We text you when insiders, Congress, analysts or big funds move on $WS.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Worthington Steel, Inc. alert may contain errors. Disclosures
Clifford Larivey, President Flat Rolled Stl Proc at Worthington Steel, Inc. NYSE: WS, sold 18,370 shares of the company on October 16, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the shares were disposed of at an average price of $40.31, for a total value of $740,542.46.
WS
Worthington Steel, Inc.
Inside Clifford Larivey's Worthington Steel Trade
The planned sale was executed under a pre-arranged trading plan. Following the transaction, Larivey directly owns 33,519 shares of the steel processor, representing a 35.4% cut in his personal holdings. Worthington Steel shares closed at $39.68 on the day of the trade.
Other Institutional Activity in Worthington Steel
Alliancebernstein L.P. trimmed its holdings by 12,527 shares, ending with 943,738 shares worth about $39.3 million. Fisher Asset Management, LLC grew its holdings by 384,204 shares, ending with 640,136 shares worth about $26.7 million.
Worthington Steel, Inc. Stock Up 5.0%
The stock recently traded around $41.66 as of October 19, 2026, putting it up about 5.0% since the insider sale. The shares sit below their 52-week high of $49.17 and well above their low of $27.22.
Recent Earnings
Worthington Steel reported trailing-twelve-month revenue of $5.3 billion alongside a negative earnings per share of $0.71. The company posted a net margin of -0.7% and a return on equity of -3.4%. Its next earnings report is scheduled for December 16, 2026.
Dividend
The company pays an annual dividend of $0.64 per share, giving it a dividend yield of 1.61% based on recent trading levels. The payout ratio currently stands at 376.5%.
Insider Buying and Selling at Worthington Steel, Inc.
This transaction follows a series of earlier insider moves at the steel manufacturer. On June 26, 2026, Chief Financial Officer Timothy Adams purchased 8,150 shares. On the same day, President and CEO Geoffrey Gilmore acquired 39,915 shares, and Executive Chairman John Blystone bought 14,665 shares. Blystone later sold 7,414 shares on June 29, 2026, for about $260,676.
About Worthington Steel, Inc.
Worthington Steel operates as a metal processor with a focus on flat-rolled steel products across North America and international markets. The company handles steel processing and supply chain services for various industrial clients.
Bottom Line
Investors are watching for the company's next earnings report on December 16, 2026, to gauge progress in its steel processing operations. Further SEC filings will show whether other corporate officers adjust their holdings ahead of the report.
Related Filing Alerts
Source: Clifford Larivey's Form 4 filing on $WS (Oct 16, 2026). Written by software, not financial advice. How we make alerts