Form 4 for WKHS Workhorse Group Inc.
Accepted 2025-04-21 00:00:00 ET · period of report 2025-04-17 · accession 0001425287-25-000038 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-21 | 2025-04-17 | WKHS | Peters James | VP, Supply Chain Management | M - OptEx | $0.00 | +100 | 570 | +21% | $0 |
| D | 2025-04-21 | 2025-04-17 | WKHS | Peters James | VP, Supply Chain Management | S - Sale+OE | $1.31 | -100 | 470 | -18% | -$131 |
| D | 2025-04-21 | 2025-04-17 | WKHS | Peters James | VP, Supply Chain Management | M - OptEx | $0.00 | -100 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.001 par value per share | 2025-04-17 | M | A | 100 | $0.00 | 570 | D | — | — | (F1) Represents Performance Share Units ("PSUs") granted by Workhorse Group Inc. (the "Company") to the reporting person on February 23, 2022. On April 17, 2025, the PSUs vested upon the achievement of certain performance incentives and settled in cash based on the fair market value of the Company's common stock. (F2) On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock. On March 17, 2025, the Company effected a 1-for-12.5 reverse split of the Company's common stock. The reverse stock splits resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the cumulative 1-for-250 reverse split. |
| 2 | Common | Common Stock, $0.001 par value per share | 2025-04-17 | S | D | 100 | $1.31 | 470 | D | — | — | (F1) Represents Performance Share Units ("PSUs") granted by Workhorse Group Inc. (the "Company") to the reporting person on February 23, 2022. On April 17, 2025, the PSUs vested upon the achievement of certain performance incentives and settled in cash based on the fair market value of the Company's common stock. (F2) On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock. On March 17, 2025, the Company effected a 1-for-12.5 reverse split of the Company's common stock. The reverse stock splits resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the cumulative 1-for-250 reverse split. |
| 3 | Derivative | Performance Share Units | 2025-04-17 | M | D | 100 | $0.00 | 0 | D | — · 2024-12-31 to 2024-12-31 | 100 Common Stock, $0.001 par value per share | (F2) On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock. On March 17, 2025, the Company effected a 1-for-12.5 reverse split of the Company's common stock. The reverse stock splits resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the cumulative 1-for-250 reverse split. (F1) Represents Performance Share Units ("PSUs") granted by Workhorse Group Inc. (the "Company") to the reporting person on February 23, 2022. On April 17, 2025, the PSUs vested upon the achievement of certain performance incentives and settled in cash based on the fair market value of the Company's common stock. |