Workhorse Group (WKHS) grants CFO Jody Davis 93,750 RSUs vesting from 2027
Rhea-AI Filing Summary
Davis Jody reported acquisition or exercise transactions in this Form 4 filing.
Workhorse Group Inc. reported that its Chief Financial Officer, Jody Davis, received an award of 93,750 restricted stock units (RSUs), each representing a contingent right to one share of common stock. The RSUs vest in three equal installments beginning on June 1, 2027 and annually thereafter. The award was reported at a grant price of $0.0000 per share, and following this award Davis holds 93,750 such units directly, subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 93,750 shares
Net Buy
1 txn
Insider
Davis Jody
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value per share F1 | 93,750 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.001 par value per share — 93,750 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: 93,750 units
Grant price: $0.0000 per share
Installments: 3 installments
+2 more
5 metrics
RSUs granted
93,750 units
Restricted stock units awarded to CFO Jody Davis on 2026-07-20
Grant price
$0.0000 per share
Reported price per share for the RSU award
Installments
3 installments
RSUs vest in three equal installments beginning June 1, 2027
First vesting date
June 1, 2027
Initial vesting date for the RSU award
Holdings after award
93,750 units
Total reported equity units held by CFO following the transaction
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did Workhorse Group (WKHS) grant to CFO Jody Davis?
Workhorse Group granted its CFO, Jody Davis, an award of 93,750 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Workhorse common stock, subject to a multi-year vesting schedule beginning in 2027.
How many restricted stock units did Workhorse Group (WKHS) grant to its CFO?
The CFO of Workhorse Group received 93,750 RSUs. These units are a form of stock-based compensation where each RSU can convert into one share of common stock if and when the specified vesting conditions are satisfied over time.
What is the vesting schedule for the 93,750 RSUs granted to Workhorse Group (WKHS) CFO?
The 93,750 RSUs vest in three equal installments. Vesting begins on June 1, 2027 and continues annually thereafter, so the award will fully vest over a three-year period assuming continued satisfaction of the vesting conditions.
Does the RSU grant to the Workhorse Group (WKHS) CFO have a purchase price?
The RSU grant was reported with a price of $0.0000 per share. This reflects that the units are an equity award, not a market purchase, and no cash payment per share is required from the CFO at grant, though vesting conditions still apply.
How many Workhorse Group (WKHS) equity units does CFO Jody Davis hold after this award?
After the reported award, CFO Jody Davis holds 93,750 units tied to Workhorse equity. These are restricted stock units that represent contingent rights to receive shares of common stock, all of which remain subject to the stated vesting schedule.
When will the Workhorse Group (WKHS) CFO begin to vest the newly granted RSUs?
The first vesting date for the CFO’s RSU award is June 1, 2027. On that date, one-third of the 93,750 RSUs is scheduled to vest, with the remaining installments vesting in equal portions on an annual basis thereafter.