Workhorse Group, Inc. filings document the reporting obligations of a Nasdaq-listed Nevada corporation that designs, manufactures, sells and supports all-electric commercial vehicles. The record includes Current Reports on Form 8-K and amendments covering material agreements, credit facilities, direct financial obligations, Regulation FD presentations, litigation-related disclosures, executive compensation and audit-report exhibits.
Annual, quarterly and proxy filings referenced by the company address operating results, risk factors, shareholder voting matters, governance and capital-structure matters tied to its electric truck, step van, shuttle and bus business.
Workhorse Group Inc. executive James Francis Griffin has filed an initial ownership report stating that he currently holds no company securities. As Chief Revenue Officer of Workhorse Group Inc., he reports no beneficial ownership of either common shares or derivative securities such as options or warrants.
Workhorse Group Inc. filed an initial insider ownership report for Chief Product Officer Scott William Zion in connection with an event dated 12/15/2025. The filing states that no securities of Workhorse Group Inc. are beneficially owned, meaning the officer reports holding no company shares or derivative securities.
Workhorse Group Inc. insider filing: Entities associated with investor and director Gary Magness report beneficial ownership of 6,629,800 shares of Workhorse Group Inc. common stock. The holding is shown as directly held, with footnotes explaining that Motive Holdings II LLC and GMIT Lending Company, LLC may be deemed to beneficially own these securities based on their management structure.
Gary Magness is described as managing member or manager of these entities and may be deemed to beneficially own the reported shares through those roles, while each reporting person expressly disclaims beneficial ownership except to the extent of its or his pecuniary interest. The statement is filed as a joint filing under a joint filing agreement.
Workhorse Group Inc. filed an 8-K to report a change in its independent auditor following its merger with Motiv Power Systems. After Carr, Riggs & Ingram, L.L.C. (CRI) acquired certain capital markets assets of Berkowitz Pollack Brant Advisors + CPAs, LLP (BPB), the Audit Committee dismissed BPB and approved CRI as the new independent registered public accounting firm, effective immediately.
BPB’s report on Workhorse’s consolidated financial statements for the year ended December 31, 2024 contained an explanatory paragraph citing substantial doubt about the company’s ability to continue as a going concern. The company also discloses previously identified, still-unremediated material weaknesses in internal control over financial reporting related to valuation of convertible debt and warrant liabilities and timely issuance of finalized quarterly reports. The company reports no disagreements with BPB and no consultations with CRI on accounting matters before the appointment.
Workhorse Group Inc. reported that its Board of Directors has approved key elements of compensation for its Chief Executive Officer, Scott Griffith, who became CEO in December 2025. The Board set Mr. Griffith’s annual base salary at $600,000, retroactive to December 15, 2025, reflecting the start of his CEO tenure.
He will also be eligible for a target cash bonus equal to 50% of his base salary under the company’s Short-Term Incentive Plan or any successor executive bonus plan. The Board stated that it intends to finalize additional compensation components and other terms of his employment and to enter into a written agreement with Mr. Griffith covering those terms.
Workhorse Group Inc. director reports merger-related stock transaction. On 12/15/2025, a reporting person serving as a director of Workhorse Group Inc. converted 5,051 restricted stock units into common stock at an exercise price of $0, then sold 5,051 shares of common stock at $6.51 per share. After these transactions, the director beneficially owned 133 shares of Workhorse common stock directly.
The disclosure notes that Workhorse completed multiple reverse stock splits on June 17, 2024, March 17, 2025, and December 8, 2025, which reduced the number of shares and adjusted equity awards. It also explains that, under an Agreement and Plan of Merger dated August 15, 2025, all outstanding equity awards vested immediately before the merger, with performance goals deemed met at target, and that the reported restricted stock units were granted on August 18, 2025 and vested in connection with the merger.
Workhorse Group Inc. director Alan S. Henricks reported a stock transaction involving restricted stock units and common shares. On December 15, 2025, 1,894 restricted stock units converted into 1,894 shares of common stock at a price of $0 per share, and the same 1,894 shares were then sold at $6.51 per share, leaving 0 shares of common stock beneficially owned directly after the transaction.
The filing explains that Workhorse completed three reverse stock splits on June 17, 2024, March 17, 2025, and December 8, 2025, which reduced share counts and adjusted equity awards. It also notes an Agreement and Plan of Merger dated August 15, 2025 with Omaha entities and Motiv Power Systems, under which all outstanding equity awards vest immediately before the merger’s effective time, with these August 18, 2025 RSUs vesting and settling in cash based on the fair market value of the common stock.
Workhorse Group Inc. insider Scott W. Griffith, who serves as both Chief Executive Officer and director, filed an initial beneficial ownership report as of 12/15/2025. The filing states that no Workhorse Group Inc. securities are beneficially owned by him, and it is submitted as a form filed by one reporting person.
Workhorse Group Inc. disclosed an insider ownership update for director Matthew C. O'Leary tied to an event dated 12/15/2025. In this report, O'Leary indicates that he beneficially owns no company securities, with both the non-derivative and derivative ownership tables left empty and a remark explicitly stating that no securities are beneficially owned.
Workhorse Group Inc. reported insider ownership information for director Paul Timothy Savoie as of 12/15/2025. The filing states that he serves as a director of the company and that no securities of Workhorse Group are beneficially owned by him. The report is filed by one reporting person and is signed by Savoie on the same date.