{"filing":{"accession_number":"0001968487-26-000018","cik":"0001968487","ticker":"WS","company_name":"Worthington Steel, Inc.","form":"8-K","filing_date":"2026-06-30","report_date":null,"primary_document":"ws-20260625.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1968487/000196848726000018/ws-20260625.htm"},"events":[{"id":17013,"run_id":15232,"accession_number":"0001968487-26-000018","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Worthington Steel entered into a new $550 million asset-based revolving credit facility on June 25, 2026, which refinanced and replaced a prior $550 million secured revolving credit facility. The new facility has a five-year maturity, specific interest rate terms, and customary covenants, representing a material refinancing of the company's credit arrangements.","company_name":"Worthington Steel, Inc.","ticker":"WS","filing_date":"2026-06-30","form":"8-K","submitted_at":null,"items":[{"id":15303,"accession_number":"0001968487-26-000018","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Worthington Steel entered into a new $550 million asset-based revolving credit facility on June 25, 2026, which refinanced and replaced a prior credit agreement. This is a material creation of a direct financial obligation—a new debt facility with a five-year maturity, specific interest rate terms, and customary covenants. The disclosure is properly classified as debt_issuance rather than covenant_breach (which addresses trouble with existing debt) because the filing centers on the entry into a new credit agreement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:45:01.018869+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15304,"accession_number":"0001968487-26-000018","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses termination of a $550 million secured revolving credit facility upon execution of a new Credit Agreement on June 25, 2026. While Item 1.02 addresses termination, the material event is the refinancing transaction itself—replacement of the Former Credit Agreement with a new Credit Agreement. This is a material capital structure event affecting the company's direct financial obligations and credit arrangements, best classified as debt_issuance (the new facility) rather than a standalone termination, since the termination is incidental to the new credit facility's execution.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:45:01.018869+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15305,"accession_number":"0001968487-26-000018","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 discloses creation of a direct financial obligation through a Credit Agreement and ABL (asset-based lending) Facility. This is a material debt issuance or credit facility arrangement. The incorporation by reference to Item 1.01 suggests a material transaction involving new financing obligations, which is the hallmark of debt_issuance classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:45:01.018869+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":15303,"accession_number":"0001968487-26-000018","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Worthington Steel entered into a new $550 million asset-based revolving credit facility on June 25, 2026, which refinanced and replaced a prior credit agreement. This is a material creation of a direct financial obligation—a new debt facility with a five-year maturity, specific interest rate terms, and customary covenants. The disclosure is properly classified as debt_issuance rather than covenant_breach (which addresses trouble with existing debt) because the filing centers on the entry into a new credit agreement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:45:01.018869+00:00","company_name":"Worthington Steel, Inc.","ticker":"WS","filing_date":"2026-06-30"},{"id":15304,"accession_number":"0001968487-26-000018","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses termination of a $550 million secured revolving credit facility upon execution of a new Credit Agreement on June 25, 2026. While Item 1.02 addresses termination, the material event is the refinancing transaction itself—replacement of the Former Credit Agreement with a new Credit Agreement. This is a material capital structure event affecting the company's direct financial obligations and credit arrangements, best classified as debt_issuance (the new facility) rather than a standalone termination, since the termination is incidental to the new credit facility's execution.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:45:01.018869+00:00","company_name":"Worthington Steel, Inc.","ticker":"WS","filing_date":"2026-06-30"},{"id":15305,"accession_number":"0001968487-26-000018","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 discloses creation of a direct financial obligation through a Credit Agreement and ABL (asset-based lending) Facility. This is a material debt issuance or credit facility arrangement. The incorporation by reference to Item 1.01 suggests a material transaction involving new financing obligations, which is the hallmark of debt_issuance classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:45:01.018869+00:00","company_name":"Worthington Steel, Inc.","ticker":"WS","filing_date":"2026-06-30"}]}