Workhorse Group awards CRO 62,500 restricted RSUs

Griffin James Francis reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Griffin James Francis reported acquisition or exercise transactions in this Form 4 filing.

Workhorse Group Inc. reported that Chief Revenue Officer Griffin James Francis received a grant of 62,500 restricted stock units, each representing one share of common stock. The RSUs vest in three equal installments beginning on June 1, 2027 and annually thereafter and are held as direct ownership.

Insider Trade Summary

Grant/Award: 62,500 shares

Grant/Award 1 txn

Insider Griffin James Francis

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.001 par value per share F1	62,500	$0.00	$0.00

Holdings After Transaction: Common Stock, $0.001 par value per share — 62,500 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. The RSUs will vest in three equal installments beginning on June 1, 2027 and annually thereafter.

Key Figures

RSUs Granted: 62,500 shares Grant Price per Share: $0.0000 per share Vesting Schedule: 3 equal installments +1 more

4 metrics

RSUs Granted 62,500 shares Restricted stock units granted to Griffin James Francis on 2026-07-20

Grant Price per Share $0.0000 per share Reported transaction price for the RSU award

Vesting Schedule 3 equal installments RSUs vest in three equal installments beginning on June 1, 2027 and annually thereafter

Shares Following Transaction 62,500 shares Direct common stock position reported following the RSU grant

Key Terms

restricted stock units, contingent right, vest

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"

vest financial

"The RSUs will vest in three equal installments beginning on June 1, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

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

What insider transaction did WKHS report for Griffin James Francis?

Workhorse Group Inc. reported that Chief Revenue Officer Griffin James Francis received a grant of 62,500 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Workhorse Group common stock, subject to a time-based vesting schedule.

How many RSUs were granted to WKHS executive Griffin James Francis?

Griffin James Francis was granted 62,500 restricted stock units. These RSUs are reported as a direct ownership position and will convert into the same number of Workhorse Group common shares as they vest over the stated schedule.

When do the RSUs granted to WKHS’s CRO begin vesting?

The RSUs begin vesting on June 1, 2027. According to the disclosure, they will vest in three equal installments, with the first installment on June 1, 2027 and additional installments vesting annually thereafter, assuming continued service or other applicable conditions.

What does each RSU granted by WKHS to its CRO represent?

Each RSU represents a contingent right to receive one share of Workhorse Group common stock. The RSUs convert into actual shares only as they vest over time, aligning the executive’s compensation with future company performance and tenure.

Was cash paid per share in the WKHS CRO RSU grant?

The reported transaction price per share for the award is $0.0000. This indicates the grant is a compensation award rather than a market purchase, with value realized as the RSUs vest into common stock over the vesting period.

Does this WKHS Form 4 indicate a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked for this award. The transaction is reported as a grant of restricted stock units, rather than an open-market 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 07/21/2026 - 05:30 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^*

Griffin James Francis

(Last) (First) (Middle)

C/O WORKHORSE GROUP INC.

48443 ALPHA DRIVE, SUITE 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026

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	07/20/2026		A		62,500(1)	A	$0	62,500	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. The RSUs will vest in three equal installments beginning on June 1, 2027 and annually thereafter.

Remarks:

	/s/ James Francis Griffin	07/21/2026
	** 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)