MAY 27·SEC EDGARLow
Larivey Clifford sold $445K of WS
Larivey Clifford (President Flat Rolled Stl Proc) sold 11,105 shares of Worthington Steel, Inc. (WS) at $40.09 ($0.45M total) on 2026-05-22 under a Rule 10b5-1 trading plan.
Worthington Steel, Inc.
Larivey Clifford (President Flat Rolled Stl Proc) sold 11,105 shares of Worthington Steel, Inc. (WS) at $40.09 ($0.45M total) on 2026-05-22 under a Rule 10b5-1 trading plan.
KeyBanc has lowered its price target for Worthington Steel, Inc. (WS) following the company's weak third-quarter results. The adjustment reflects analyst concerns regarding the company's recent financial performance.
Worthington Steel has amended its voluntary public cash takeover offer for Kloeckner, reducing the minimum acceptance threshold from 65% to 57.5%. The deadline for the offer has also been extended by two weeks to March 26, 2026. These changes are designed to increase the likelihood of the transaction's successful completion.