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Workhorse Group (WKHS) awards 87,500 RSUs to product chief

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  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.
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
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"

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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.

How many Workhorse Group (WKHS) shares could Zion William Scott ultimately receive from this grant?

The grant covers 87,500 restricted stock units, each tied to one Workhorse common share. If all vesting conditions are met, Scott could receive 87,500 shares of common stock, reflecting his reported directly held equity following this award.

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.
SEC Form 4
FORM 4UNITED 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*
Zion William Scott

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, $0.001 par value per share07/20/2026A87,500(1)A$087,500D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Scott William Zion07/21/2026
** Signature of Reporting PersonDate
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)