Worksport Ltd (WKSP) CFO receives 143,000-share stock award
Rhea-AI Filing Summary
Worksport Ltd reports that Chief Financial Officer Jennifer Anne Kartychak acquired 143,000 shares of common stock on July 31, 2026. The shares were issued upon the grant and immediate vesting of restricted stock units under the 2022 Equity Incentive Plan and are held indirectly through Arend Advisory Group LLC, bringing her reported indirect holdings to 168,872 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 143,000 shares
Net Buy
1 txn
Insider
Kartychak Jennifer Anne
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock, par value $0.001 per share F1, F2 | 143,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 168,872 shares (Indirect, See footnote)
Footnotes (2)
- F1. Represents shares of common stock issued upon the grant and immediate vesting and settlement of restricted stock units awarded pursuant to the Worksport Ltd. 2022 Equity Incentive Plan.
- F2. Shares held by Arend Advisory Group LLC, an entity over which the Reporting Person has voting and dispositive control.
Key Figures
Shares acquired: 143,000 shares
Transaction price per share: $0.0000
Shares owned after transaction: 168,872 shares
3 metrics
Shares acquired
143,000 shares
Common stock issued upon grant and immediate vesting of RSUs on July 31, 2026
Transaction price per share
$0.0000
Reported transaction price per share for RSU-related share issuance
Shares owned after transaction
168,872 shares
Indirect common stock holdings following the RSU-related share issuance through Arend Advisory Group LLC
Key Terms
restricted stock units, Equity Incentive Plan, voting and dispositive control
3 terms
restricted stock units financial
"issued upon the grant and immediate vesting and settlement of restricted stock units"
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.
Equity Incentive Plan financial
"restricted stock units awarded pursuant to the Worksport Ltd. 2022 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
voting and dispositive control financial
"entity over which the Reporting Person has voting and dispositive control"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Worksport (WKSP) report for its CFO?
Chief Financial Officer Jennifer Anne Kartychak acquired 143,000 shares of Worksport common stock on July 31, 2026 through the grant and immediate vesting of restricted stock units under the 2022 Equity Incentive Plan, rather than via an open-market purchase.
Was the Worksport (WKSP) CFO’s grant made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 trading plan checkbox was not selected, and the shares arose from restricted stock units granted under the 2022 Equity Incentive Plan. This indicates the transaction was not reported as executed under a pre-arranged Rule 10b5-1 plan.