Worksport (WKSP) CEO Steven Rossi awarded 240,000 stock options at $1.66

Rhea-AI Filing Summary

Worksport Ltd. reported that Chief Executive Officer and director Steven F. Rossi received a grant of 240,000 stock options on February 9, 2026. The options have an exercise price of $1.66 per share and were issued under the company’s 2022 Equity Incentive Plan.

The options vest in three equal annual installments of 80,000 options, starting on the first anniversary of the grant date. Following this grant, Rossi beneficially owns 850,000 stock options directly, aligning his compensation further with the company’s long-term performance.

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

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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^*

Rossi Steven F.

(Last) (First) (Middle)

2500 N AMERICA DR.

(Street)

WEST SENECA NY 14224

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Worksport Ltd [ WKSP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Stock Options (Right to buy)	$1.66	02/09/2026		A		240,000		(1)	(1)	Common Stock	240,000	$1.66	850,000	D

Explanation of Responses:

1. Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 80,000 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.

	/s/ Steven F. Rossi	02/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Worksport (WKSP) disclose about CEO Steven Rossi’s new equity grant?

Worksport disclosed that CEO Steven Rossi received 240,000 stock options on February 9, 2026 at an exercise price of $1.66 per share, granted under the company’s 2022 Equity Incentive Plan as part of his equity-based compensation.

How do Steven Rossi’s new Worksport (WKSP) stock options vest?

The new Worksport stock options granted to Steven Rossi vest in three equal annual installments of 80,000 options each. Vesting begins on the first anniversary of the February 9, 2026 grant date and follows the terms of the 2022 Equity Incentive Plan and award agreement.

What is the exercise price and structure of the new Worksport (WKSP) options?

The granted stock options have an exercise price of $1.66 per share. They are standard stock options (right to buy) issued under Worksport’s 2022 Equity Incentive Plan, with time-based vesting over three years starting one year after the grant date.

How many Worksport (WKSP) options does Steven Rossi hold after this transaction?

After the February 9, 2026 grant, Steven Rossi beneficially owns 850,000 stock options in Worksport. These options are reported as held directly, reflecting cumulative derivative holdings following the newly awarded 240,000 options under the 2022 Equity Incentive Plan.

Is the February 9, 2026 Worksport (WKSP) Form 4 a purchase or an award?

The Form 4 reflects an award of stock options, coded as an acquisition (“A”) of 240,000 derivative securities. These options were granted to CEO Steven Rossi under the 2022 Equity Incentive Plan rather than bought on the open market.