Worthington Industries Inc (WOR) Files Form 4 Insider Selling : Dale T Brinkman Sells 4,188 Shares

Worthington Industries Inc (WOR): Dale T Brinkman , VP-Admin & Secretary of Worthington Industries Inc sold 4,188 shares on Jul 7, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $42.09 per share for a total value of $176,315.52 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 7, 2016, Catherine M Lyttle (Vice President-Communications) sold 3,750 shares at $42.37 per share price.On Apr 29, 2016, Dale T Brinkman (VP-Admin & Secretary) sold 11,500 shares at $37.73 per share price.Also, On Feb 18, 2016, John G Lamprinakos (President, Engineered Cabs) sold 5,063 shares at $30.00 per share price.On Feb 5, 2016, Andrew J Billman (Pres., Worthington Cylinders) sold 63,000 shares at $29.50 per share price.

Worthington Industries: On Friday, Jul 8, 2016 heightened volatility was witnessed in Worthington Industries which led to swings in the share price. The shares opened for trading at $42.9 and hit $43.86 on the upside , eventually ending the session at $43.67, with a gain of 3.21% or 1.36 points. The heightened volatility saw the trading volume jump to 3,82,903 shares. The 52-week high of the share price is $43.94 and the company has a market cap of $2,727 M . The 52-week low of the share price is at $21.1.

Worthington Industries Money Flow Index Chart

On Jun 29, 2016, Worthington Industries announced a cash dividend of $0.2000. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Sep 29, 2016.

Worthington Industries Inc. is a diversified metals manufacturing company. The Company’s segments include Steel Processing Pressure Cylinders Engineered Cabs and Other. The Company’s Steel Processing segment consists of the Worthington Steel business unit Precision Specialty Metals Inc. and Worthington Steelpac Systems LLC and also includes two consolidated joint ventures: Spartan Steel Coating LLC which operates a cold-rolled hot dipped galvanizing line in Monroe Michigan and TWB Company L.L.C. which operates a laser welded blank business. Its Pressure Cylinders segment consists of Worthington Cylinders business unit and three consolidated joint ventures: Worthington Nitin Cylinders Limited Worthington Aritas Basincli Kaplar Sanayi and dHybrid Systems LLC. Its Engineered Cabs segment consists of the Worthington Industries Engineered Cabs business unit. Its Other segment includes the Construction Services and Worthington Energy Innovations (WEI) operating segments.

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