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Worksport (WKSP) director receives 25,002 stock options grant at $1.66

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Worksport Ltd director William J. Caragol received a grant of stock options on February 9, 2026 under the company’s 2022 Equity Incentive Plan. He was awarded 25,002 stock options with an exercise price of $1.66 per share, bringing his total directly held options to 101,752.

The options vest in three equal annual installments of 8,334 options each, starting on the first anniversary of the grant date, and will expire according to the terms of the 2022 Equity Incentive Plan and the applicable award agreement.

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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*
Caragol William J

(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 10% Owner
Officer (give title below) Other (specify below)
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 25,002 (1) (1) Common Stock 25,002 $1.66 101,752 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 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.
/s/ William J. Caragol 02/09/2026
** 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.

FAQ

What insider transaction did Worksport (WKSP) report for William J. Caragol?

Worksport reported a stock option grant to director William J. Caragol. On February 9, 2026, he received 25,002 stock options at an exercise price of $1.66 per share under the company’s 2022 Equity Incentive Plan, increasing his total options to 101,752.

How many Worksport (WKSP) options were granted to director William J. Caragol and at what price?

William J. Caragol was granted 25,002 stock options at $1.66 per share. These stock options are issued under Worksport’s 2022 Equity Incentive Plan and increase his directly held derivative securities position to a total of 101,752 stock options following the reported transaction.

How do the new Worksport (WKSP) options granted to William J. Caragol vest?

The 25,002 options vest in three equal annual installments. Specifically, 8,334 options vest each year, beginning on the first anniversary of the February 9, 2026 grant date, consistent with the vesting provisions of Worksport’s 2022 Equity Incentive Plan and award agreement.

What is William J. Caragol’s total Worksport (WKSP) option holdings after this Form 4 transaction?

After the grant, William J. Caragol beneficially owns 101,752 stock options. This figure reflects his directly held derivative securities, including the newly granted 25,002 options reported in the Form 4 filed for the February 9, 2026 equity incentive award.

Under which plan were the new Worksport (WKSP) stock options to William J. Caragol granted?

The options were granted under Worksport’s 2022 Equity Incentive Plan. The plan governs key terms such as vesting in three annual installments of 8,334 options each, along with the expiration conditions specified in the related award agreement.
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