Geoffrey G. Gilmore, an insider at Worthington Steel Inc (WS), sold 305,017 shares of the company on December 21, 2025, at a price of $36.32 per share, totaling $11.08 million. Following this transaction, Gilmore retains 305,017 shares in the company.
Such decisions reflect a range of personal financial strategies, including diversification and tax planning. While insider selling can draw attention, it does not inherently indicate a negative outlook on the company. Investors are advised to consider insider transactions as one piece of information among many, rather than as definitive indicators of a company's performance.
Worthington Steel, headquartered in Columbus, Ohio, specializes in steel processing, particularly in carbon flat-roll steel and electrical steel laminations. The company operates approximately 38 facilities across seven states and ten countries, employing 4,800 people. With a market capitalization of $1.6 billion, Worthington Steel has a P/E ratio of 13.38 and an EPS of 2.36. The company is set to announce its next earnings on June 23, 2026, with an estimated EPS of $0.88 and revenue of $1.0 billion.