STOCK TITAN

Workhorse Group (WKHS) grants CFO Jody Davis 93,750 RSUs vesting from 2027

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  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 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
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.

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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.
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*
Davis Jody

(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 Financial 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 share07/20/2026A93,750(1)A$093,750D
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/ Jody Davis07/21/2026
** 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)