John P. McConnell Increases Beneficial Ownership in Worthington Enterprises to 35.1%

John P. McConnell filed Amendment No. 17 to his Schedule 13D on April 10, 2026, regarding his holdings in Worthington Enterprises, Inc. (formerly Worthington Industries, Inc.). The filing reports that Mr. McConnell beneficially owns 17,330,872 common shares, representing 35.1% of the class. This reflects an increase in his beneficial ownership percentage of less than one percent since his previous filing on April 10, 2025. The reported shares include 12,415,982 shares held by JMAC, Inc., over which Mr. McConnell has sole voting and dispositive power, as well as 171,064 shares underlying exercisable stock options. Additionally, the total includes shares held in various trusts and custodial accounts where he maintains sole or shared power. Mr. McConnell formerly served as the Chairman and a director of the company until his retirement in 2023. While he has no immediate plans for further transactions, he may acquire or dispose of shares in the future based on market conditions and other investment factors.