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Insider Trends: Worthington Industries Insider Continues 90-Day Selling Trend

05/11/2021 05:57

09:51 AM EDT, 05/11/2021 (MT Newswires) -- John B Blystone, Director, on May 07, 2021, sold 48,795 shares in Worthington Industries (WOR) for $3,458,170. Subsequent to the Form 4 filing with the SEC, Blystone owns 151,225 shares of company stock, with a market value, based on the prior-day closing price, of $10.5 million.

In the 90 days prior to the date of this filing, there have been 9 insider transactions reported to the SEC for Worthington Industries. These transactions came from the activities of 4 separate insiders that resulted in a net disposition of 15,000 company shares. This compares with the preceding 90-day window of time where there were 5 transactions from 4 insiders which resulted in the net acquisition of 52,604 shares.

This level of insider transactions is below that of the peer group average in the 16-company Iron, Steel Mills & Foundries peer group over the last 90-day period. Peer group activity averaged 76.5 transactions per company, and disposition of 690,103 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/108516/000120919121031484/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.