Workhorse Group (WKHS) awards 87,500 RSUs to product chief
Rhea-AI Filing Summary
Zion William Scott reported acquisition or exercise transactions in this Form 4 filing.
Workhorse Group Inc. granted Chief Product Officer Zion William Scott 87,500 restricted stock units, each representing one share of common stock. The award was priced at $0.00 per share and brings his directly held equity to 87,500 shares. These RSUs vest in three equal annual installments beginning on June 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 87,500 shares
Net Buy
1 txn
Insider
Zion William Scott
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value per share F1 | 87,500 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.001 par value per share — 87,500 shares (Direct)
Footnotes (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: 87,500 shares
Grant price: $0.0000 per share
Holdings after award: 87,500 shares
+1 more
4 metrics
RSUs granted
87,500 shares
Restricted stock units granted to Chief Product Officer on 2026-07-20
Grant price
$0.0000 per share
Equity award price per restricted stock unit
Holdings after award
87,500 shares
Common stock equivalents directly owned following the grant
Vesting start date
June 1, 2027
First of three equal annual vesting installments
Key Terms
restricted stock units ("RSUs"), contingent right, vest in three equal installments
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
vest in three equal installments financial
"The RSUs will vest in three equal installments beginning on June 1, 2027"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award was reported for Workhorse Group (WKHS)?
Zion William Scott, Chief Product Officer, received 87,500 restricted stock units at Workhorse Group. Each RSU represents one share of common stock and was granted at $0.00 per share as an equity award rather than a market purchase.
Who is Zion William Scott in relation to Workhorse Group (WKHS)?
Zion William Scott is the Chief Product Officer of Workhorse Group Inc. He reported receiving an equity award of 87,500 restricted stock units, which are structured to convert into an equivalent number of common shares as they vest over time.
When will Zion William Scott’s Workhorse (WKHS) RSUs vest?
The RSUs vest in three equal installments, beginning on June 1, 2027 and annually thereafter. This schedule spreads the delivery of underlying common shares over three years, contingent on satisfaction of the vesting conditions specified in the award.
Did Zion William Scott pay cash for his new Workhorse Group (WKHS) RSUs?
No cash was paid for this grant; the RSUs were awarded at $0.00 per share. The transaction reflects an equity compensation award, not an open-market purchase, and increases his directly held equity position to 87,500 shares equivalent.
What type of security was granted to Zion William Scott at Workhorse Group (WKHS)?
He received restricted stock units (RSUs), each representing a contingent right to one Workhorse common share. The RSUs are subject to a three-year vesting schedule, with equal installments starting on June 1, 2027 and continuing annually.