Worksport director granted 25,002 stock options
Worksport Ltd director Ned L. Siegel received a new stock option grant.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Worksport Ltd director Ned L. Siegel received a new stock option grant. On 02/09/2026, he was awarded 25,002 stock options with an exercise price of $1.66 per share, granted under Worksport’s 2022 Equity Incentive Plan.
The options vest in three equal annual installments of 8,334 options, beginning on the first anniversary of the grant date, and will expire according to the plan and award agreement terms. Following this award, Siegel directly holds 61,752 derivative securities in the form of stock options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 25,002 | $1.66 | $42K |
Footnotes (1)
- F1. Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 8,334 options beginning on the first anniversary of the grant date and expire in accordance with the terms of the 2022 Equity Incentive Plan and the applicable award agreement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Worksport (WKSP) director Ned L. Siegel report on this Form 4?
What are the key terms of Ned L. Siegel’s new Worksport (WKSP) stock options?
How do the Worksport (WKSP) options granted to Ned L. Siegel vest over time?
How many Worksport (WKSP) derivative securities does Ned L. Siegel own after this grant?
Under what plan were Ned L. Siegel’s Worksport (WKSP) options granted?
Is this Worksport (WKSP) Form 4 transaction a purchase or an award of options?
AI-generated analysis. How Rhea-AI works. Not financial advice.