Workhorse Group SEC Filings

Workhorse Group Inc. director Alan S. Henricks reported a stock transaction involving restricted stock units and common shares. On December 15, 2025, 1,894 restricted stock units converted into 1,894 shares of common stock at a price of $0 per share, and the same 1,894 shares were then sold at $6.51 per share, leaving 0 shares of common stock beneficially owned directly after the transaction.

The filing explains that Workhorse completed three reverse stock splits on June 17, 2024, March 17, 2025, and December 8, 2025, which reduced share counts and adjusted equity awards. It also notes an Agreement and Plan of Merger dated August 15, 2025 with Omaha entities and Motiv Power Systems, under which all outstanding equity awards vest immediately before the merger’s effective time, with these August 18, 2025 RSUs vesting and settling in cash based on the fair market value of the common stock.

Workhorse Group Inc. insider Scott W. Griffith, who serves as both Chief Executive Officer and director, filed an initial beneficial ownership report as of 12/15/2025. The filing states that no Workhorse Group Inc. securities are beneficially owned by him, and it is submitted as a form filed by one reporting person.

Workhorse Group Inc. disclosed an insider ownership update for director Matthew C. O'Leary tied to an event dated 12/15/2025. In this report, O'Leary indicates that he beneficially owns no company securities, with both the non-derivative and derivative ownership tables left empty and a remark explicitly stating that no securities are beneficially owned.

Workhorse Group Inc. reported insider ownership information for director Paul Timothy Savoie as of 12/15/2025. The filing states that he serves as a director of the company and that no securities of Workhorse Group are beneficially owned by him. The report is filed by one reporting person and is signed by Savoie on the same date.

Workhorse Group Inc. director Fildeza Ujkashevic filed an initial insider ownership report for the company. The filing, dated 12/15/2025, identifies Ujkashevic as a director and confirms that no securities of Workhorse Group Inc. are beneficially owned at this time. The form is filed by one reporting person and lists no direct or indirect holdings in either non-derivative or derivative securities.

Workhorse Group Inc. chief technology officer Joshua J. Anderson reported multiple equity award transactions dated December 15, 2025. The Form 4 shows the exercise of 110 restricted stock units and 21 and 165 performance share units into common stock at a $0 exercise price, followed by same-day sales of the related common shares at $6.51 per share. After these trades, he directly owns 104 shares of Workhorse common stock.

The filing notes several reverse stock splits: 1-for-20 on June 17, 2024, 1-for-12.5 on March 17, 2025, and 1-for-12 on December 8, 2025, and states that all reported security amounts are adjusted for these actions. It also describes an Agreement and Plan of Merger dated August 15, 2025 among Workhorse, Omaha Intermediate 2, Inc., Omaha Intermediate, Inc., Omaha Merger Subsidiary, Inc., and Motiv Power Systems, Inc., under which all outstanding equity awards vested immediately before the merger effective time, with RSUs and PSUs settling in cash based on the fair market value of Workhorse common stock.

Workhorse Group Inc. officer Stanley R. March, VP of Corporate Development, reported activity in equity awards and common stock on 12/15/2025. He exercised 106 restricted stock units, 20 performance share units, and 158 additional performance share units into common stock at an exercise price of $0 and sold the resulting shares at $6.51 per share. After these transactions he beneficially owned 98 common shares directly and 23 shares indirectly through an IRA.

The disclosure notes that these awards were affected by several reverse stock splits, including 1-for-20, 1-for-12.5 and 1-for-12 splits completed between June 2024 and December 2025, which reduced share counts and adjusted outstanding equity awards. Under an August 15, 2025 Merger Agreement involving Motiv Power Systems, Inc., all outstanding Company equity awards vested immediately before the merger’s effective time, with performance-based awards deemed achieved at target and settled in cash based on the fair market value of the common stock.

Workhorse Group Inc. director Jacqueline A. Dedo reported insider transactions dated December 15, 2025. She acquired 5,051 shares of common stock at a price of $0 through the conversion of derivative equity, then sold 5,051 shares at $6.51 per share, and held 156 shares directly afterward.

The transactions relate to restricted stock units granted on August 18, 2025. Under an Agreement and Plan of Merger dated August 15, 2025 involving Workhorse and Motiv Power Systems, Inc., all outstanding equity awards vested immediately before the merger’s effective time, and these units settled in cash based on the fair market value of the common stock. All share amounts reported reflect prior reverse stock splits of 1-for-20, 1-for-12.5, and 1-for-12 completed in 2024 and 2025.

Workhorse Group Inc. director Jean Botti reported insider transactions in the company’s common stock dated 12/15/2025. Botti acquired 5,051 shares at a price of $0 through the conversion of previously granted restricted stock units, then sold 5,051 shares at $6.51 per share, and now directly owns 143 shares.

The disclosure explains that all share amounts have been adjusted for three reverse stock splits completed on June 17, 2024, March 17, 2025, and December 8, 2025. It also notes that under an Agreement and Plan of Merger dated August 15, 2025, involving Motiv Power Systems, all of the company’s outstanding equity awards vested immediately before the merger’s effective time, and the reported restricted stock units vested and settled in cash based on the fair market value of the common stock.