Workhorse Group grants 30,484 RSUs to director Savoie

Savoie Paul Timothy reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Savoie Paul Timothy reported acquisition or exercise transactions in this Form 4 filing.

Workhorse Group Inc. reported that director Paul Timothy Savoie received a grant of 30,484 restricted stock units (RSUs), each representing one share of common stock. According to the award terms, 25,000 RSUs will vest in a single installment on the earlier of June 29, 2027 and the company’s 2027 annual stockholder meeting, while the remaining 5,484 RSUs vested immediately on the grant date. Following this grant, Savoie holds 30,484 shares/RSUs directly.

Insider Trade Summary

Grant/Award: 30,484 shares

Grant/Award 1 txn

Insider Savoie Paul Timothy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.001 par value per share F1	30,484	$0.00	$0.00

Holdings After Transaction: Common Stock, $0.001 par value per share — 30,484 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. Of the RSUs reported, 25,000 will vest in one installment on the earlier of June 29, 2027 and the date of the Issuer's 2027 annual stockholder's meeting. The remaining 5,484 RSUs fully vested as of the date of grant.

Key Figures

RSUs granted: 30,484 RSUs RSUs vesting 2027: 25,000 RSUs RSUs vested at grant: 5,484 RSUs +1 more

4 metrics

RSUs granted 30,484 RSUs Total restricted stock units granted to Paul Timothy Savoie in this transaction

RSUs vesting 2027 25,000 RSUs Portion of grant vesting on the earlier of June 29, 2027 and the 2027 annual stockholder meeting

RSUs vested at grant 5,484 RSUs Portion of Savoie’s RSU grant that fully vested on the grant date

Holdings after transaction 30,484 shares Total direct Workhorse common stock/RSUs reported as owned following the grant

Key Terms

restricted stock units, contingent right, annual stockholder's meeting

3 terms

restricted stock units financial

"Represents restricted stock units ("RSUs") granted to the Reporting Person."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each RSU represents a contingent right to receive one share of common stock"

annual stockholder's meeting financial

"vest in one installment on the earlier of June 29, 2027 and the date of the Issuer's 2027 annual stockholder's meeting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Workhorse Group Inc. (WKHS) report for Paul Timothy Savoie?

Workhorse Group Inc. reported that director Paul Timothy Savoie received a grant of 30,484 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Workhorse common stock, reflecting an equity award rather than a market purchase.

How many Workhorse (WKHS) RSUs granted to Paul Timothy Savoie vest in 2027?

Of the RSUs granted to Paul Timothy Savoie, 25,000 RSUs will vest in one installment on the earlier of June 29, 2027 and Workhorse’s 2027 annual stockholder meeting. These units remain unvested until that vesting condition is satisfied.

How many Workhorse (WKHS) RSUs to Paul Timothy Savoie vested immediately?

Out of the total RSU grant, 5,484 RSUs to director Paul Timothy Savoie fully vested as of the grant date. These vested RSUs represent shares that Savoie is entitled to receive without further service-based vesting conditions.

What is Paul Timothy Savoie’s Workhorse (WKHS) direct holdings after this RSU grant?

After the reported RSU grant, Paul Timothy Savoie’s direct holdings are 30,484 shares/RSUs of Workhorse common stock. This figure reflects the total reported position following the transaction on the Form 4 insider filing.

Was the Workhorse (WKHS) RSU transaction for Paul Timothy Savoie under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan. The transaction is reported as a grant or award of RSUs, not as a trade executed under a pre-arranged Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/20/2026 - 06:02 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Savoie Paul Timothy

(Last) (First) (Middle)

C/O WORKHORSE GROUP INC.

48443 ALPHA DRIVE, #190

(Street)

WIXOM MICHIGAN 48393

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Workhorse Group Inc. [ WKHS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.001 par value per share	07/17/2026		A		30,484(1)	A	$0	30,484	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. Of the RSUs reported, 25,000 will vest in one installment on the earlier of June 29, 2027 and the date of the Issuer's 2027 annual stockholder's meeting. The remaining 5,484 RSUs fully vested as of the date of grant.

Remarks:

	/s/ Paul Timothy Savoie	07/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)