Workhorse Group grants 30,484 RSUs to director

Ujkashevic Fildeza reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Ujkashevic Fildeza reported acquisition or exercise transactions in this Form 4 filing.

Workhorse Group director Fildeza Ujkashevic received a grant of 30,484 restricted stock units (RSUs) on July 17, 2026. Each RSU represents a contingent right to receive one share of common stock.

Of these, 25,000 RSUs vest in one installment on the earlier of June 29, 2027 or the 2027 annual stockholders meeting, while 5,484 RSUs vested immediately. The 25,000 time-based RSUs are scheduled for share delivery on July 17, 2029 or upon an earlier change in control, with 30,484 RSUs reported as held after the award.

Insider Trade Summary

Grant/Award: 30,484 shares

Grant/Award 1 txn

Insider Ujkashevic Fildeza

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.001 par value per share F1	30,484	$0.00	$0.00

Holdings After Transaction: Common Stock, $0.001 par value per share — 30,484 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. Of the RSUs reported, 25,000 will vest in one installment on the earlier of June 29, 2027 and the date of the Issuer's 2027 annual stockholders meeting, and the vested shares will be delivered to the Reporting Person on July 17, 2029 or in connection with any earlier change in control of the Issuer. The remaining 5,484 RSUs fully vested as of the date of grant.

Key Figures

RSUs granted: 30,484 units Time-vested RSUs: 25,000 units Immediately vested RSUs: 5,484 units +1 more

4 metrics

RSUs granted 30,484 units Restricted stock units awarded to director on July 17, 2026

Time-vested RSUs 25,000 units Vest in one installment on the earlier of June 29, 2027 and the 2027 annual stockholders meeting

Immediately vested RSUs 5,484 units Fully vested as of the date of grant

RSUs reported following transaction 30,484 units Total RSUs reported as held after the award

Key Terms

restricted stock units ("RSUs"), contingent right, annual stockholders meeting, change in control

4 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"

annual stockholders meeting financial

"on the earlier of June 29, 2027 and the date of the Issuer's 2027 annual stockholders meeting"

change in control financial

"or in connection with any earlier change in control of the Issuer."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

FAQ

What equity award did Workhorse Group (WKHS) grant to Fildeza Ujkashevic?

Workhorse Group granted director Fildeza Ujkashevic 30,484 restricted stock units (RSUs) on July 17, 2026. Each RSU is a contingent right to receive one share of common stock, reported as a compensation-related equity award rather than a market purchase.

How do the 30,484 RSUs granted to the Workhorse Group (WKHS) director vest?

Of the 30,484 RSUs, 25,000 vest in a single installment on the earlier of June 29, 2027 or the 2027 annual stockholders meeting. The remaining 5,484 RSUs were fully vested immediately as of the grant date.

When will Fildeza Ujkashevic receive shares from the Workhorse Group (WKHS) RSU grant?

The 25,000 time-based RSUs are scheduled to be settled in shares on July 17, 2029. Settlement may also occur earlier if there is a change in control of Workhorse Group, while 5,484 RSUs were already vested at grant.

Is the Workhorse Group (WKHS) RSU award to Fildeza Ujkashevic a market purchase or compensation grant?

The filing describes the 30,484 units as restricted stock units granted as compensation, coded as a grant/award acquisition. The transaction price per unit is reported as $0.00, indicating it is not an open-market purchase.

How many Workhorse Group (WKHS) units does Fildeza Ujkashevic hold after this RSU grant?

After this award, the director is reported as holding 30,484 RSUs related to Workhorse Group common stock. These units include those that vested immediately and those that will vest and be delivered according to the specified future schedule.

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Available on EDGAR 07/20/2026 - 06:02 PM Accepted by SEC EDGAR 07/20/2026 - 06:01 PM 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^*

Ujkashevic Fildeza

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/17/2026

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	07/17/2026		A		30,484(1)	A	$0	30,484	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. Of the RSUs reported, 25,000 will vest in one installment on the earlier of June 29, 2027 and the date of the Issuer's 2027 annual stockholders meeting, and the vested shares will be delivered to the Reporting Person on July 17, 2029 or in connection with any earlier change in control of the Issuer. The remaining 5,484 RSUs fully vested as of the date of grant.

Remarks:

	/s/ Fildeza Ujkashevic	07/20/2026
	** 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)