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[Form 4] Workhorse Group, Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Workhorse Group Inc. (WKHS) reported a Form 4 disclosing a grant of 60,607 restricted stock units (RSUs) to director William G. Quigley III on 08/18/2025. Each RSU represents a contingent right to one share of common stock that vests on 02/18/2026. The company鈥檚 board may elect to settle vested RSUs in cash instead of issuing shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/21/2025. The filing shows the reporting person directly beneficially owns 60,607 RSUs following the transaction.

Workhorse Group Inc. (WKHS) ha comunicato tramite un Form 4 l鈥檃ssegnazione di 60.607 unit脿 azionarie vincolate (RSU) al consigliere William G. Quigley III in data 18/08/2025. Ogni RSU d脿 diritto, al verificarsi delle condizioni, a una azione ordinaria e matura il 18/02/2026. Il consiglio di amministrazione pu貌 decidere di liquidare le RSU maturate in contanti anzich茅 emettere azioni. Il Form 4 猫 stato firmato per procura dall鈥檃vvocato di fiducia il 21/08/2025. Dopo l鈥檕perazione, la persona segnalante detiene direttamente 60.607 RSU.

Workhorse Group Inc. (WKHS) present贸 un Formulario 4 que revela la concesi贸n de 60.607 unidades restringidas de acciones (RSU) al director William G. Quigley III el 18/08/2025. Cada RSU representa el derecho contingente a una acci贸n ordinaria y vence el 18/02/2026. La junta puede optar por liquidar las RSU vencidas en efectivo en lugar de emitir acciones. El Formulario 4 fue firmado por un apoderado en nombre de la persona que reporta el 21/08/2025. Tras la transacci贸n, la persona informante posee directamente 60.607 RSU.

Workhorse Group Inc. (WKHS)電� 2025-08-18鞛� Form 4毳� 韱淀暣 鞚挫偓 William G. Quigley III鞐愱矊 60,607臧滌潣 鞝滍暅攵� 欤检嫕 雼渼(RSU)毳� 攵�鞐枅雼り碃 瓿奠嫓頄堨姷雼堧嫟. 臧� RSU電� 臁瓣贝 於╈” 鞁� 氤错喌欤� 1欤检棎 雽�頃� 甓岆Μ毳� 鞚橂頃橂┌ 2026-02-18鞐� 旆摑霅╇媹雼�. 鞚挫偓須岆姅 旆摑霅� RSU毳� 欤检嫕 雽�鞁� 順勱笀鞙茧 鞝曥偘頃� 靾� 鞛堨姷雼堧嫟. Form 4電� 氤搓碃鞚胳潉 雽�鞁犿晿鞐� 雽�毽澑鞚� 2025-08-21鞐� 靹滊獏頄堨姷雼堧嫟. 瓯半灅 頉� 氤搓碃鞚胳潃 歆侅爲鞝侅溂搿� 60,607 RSU毳� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.

Workhorse Group Inc. (WKHS) a d茅clar茅 dans un Form 4 l鈥檃ttribution de 60鈥�607 unit茅s d鈥檃ctions restreintes (RSU) 脿 l鈥檃dministrateur William G. Quigley III le 18/08/2025. Chaque RSU correspond au droit conditionnel 脿 une action ordinaire et devient acquis le 18/02/2026. Le conseil d鈥檃dministration peut choisir de r茅gler les RSU acquises en esp猫ces plut么t qu鈥檈n actions. Le Form 4 a 茅t茅 sign茅 par un mandataire au nom de la personne d茅clarante le 21/08/2025. Apr猫s la transaction, la personne d茅clarante poss猫de directement 60鈥�607 RSU.

Workhorse Group Inc. (WKHS) meldete in einem Form 4 die Gew盲hrung von 60.607 Restricted Stock Units (RSUs) an den Direktor William G. Quigley III am 18.08.2025. Jede RSU gew盲hrt das bedingte Recht auf eine Stammaktie und verf盲llt am 18.02.2026. Der Vorstand kann beschlie脽en, f盲llige RSUs in bar statt in Aktien zu begleichen. Das Form 4 wurde am 21.08.2025 von einem Bevollm盲chtigten im Namen der meldenden Person unterschrieben. Nach der Transaktion besitzt die meldende Person direkt 60.607 RSUs.

Positive
  • 60,607 RSUs granted to director William G. Quigley III, clearly disclosed on Form 4
  • Vesting date provided: RSUs vest on 02/18/2026, giving a defined timeline for potential issuance or cash settlement
Negative
  • Settlement flexibility: The Board may settle vested RSUs in cash, which could create a cash obligation instead of equity issuance
  • Potential dilution: If settled in shares, up to 60,607 additional common shares could be issued upon vesting

Insights

TL;DR: Director received 60,607 RSUs vesting 02/18/2026; settlement may be in cash per board discretion.

The Form 4 documents a standard equity award to a director, specifying quantity, vesting date, and settlement mechanics. The explicit option for cash settlement preserves the company's flexibility to limit share dilution but may transfer cash flow obligations to the issuer upon vesting. As disclosed, the award is directly beneficial to the reporting person and is a compensatory equity grant rather than an open-market purchase or sale.

TL;DR: This disclosure is routine insider compensation with limited immediate market impact.

The filing reports a non-derivative grant of 60,607 RSUs to a company director, vesting on a specified future date. The reported price is $0 because RSUs represent contingent rights to shares; upon vesting the company may settle in stock or cash. For investors, the transaction is a governance/compensation item rather than a transfer of existing shares.

Workhorse Group Inc. (WKHS) ha comunicato tramite un Form 4 l鈥檃ssegnazione di 60.607 unit脿 azionarie vincolate (RSU) al consigliere William G. Quigley III in data 18/08/2025. Ogni RSU d脿 diritto, al verificarsi delle condizioni, a una azione ordinaria e matura il 18/02/2026. Il consiglio di amministrazione pu貌 decidere di liquidare le RSU maturate in contanti anzich茅 emettere azioni. Il Form 4 猫 stato firmato per procura dall鈥檃vvocato di fiducia il 21/08/2025. Dopo l鈥檕perazione, la persona segnalante detiene direttamente 60.607 RSU.

Workhorse Group Inc. (WKHS) present贸 un Formulario 4 que revela la concesi贸n de 60.607 unidades restringidas de acciones (RSU) al director William G. Quigley III el 18/08/2025. Cada RSU representa el derecho contingente a una acci贸n ordinaria y vence el 18/02/2026. La junta puede optar por liquidar las RSU vencidas en efectivo en lugar de emitir acciones. El Formulario 4 fue firmado por un apoderado en nombre de la persona que reporta el 21/08/2025. Tras la transacci贸n, la persona informante posee directamente 60.607 RSU.

Workhorse Group Inc. (WKHS)電� 2025-08-18鞛� Form 4毳� 韱淀暣 鞚挫偓 William G. Quigley III鞐愱矊 60,607臧滌潣 鞝滍暅攵� 欤检嫕 雼渼(RSU)毳� 攵�鞐枅雼り碃 瓿奠嫓頄堨姷雼堧嫟. 臧� RSU電� 臁瓣贝 於╈” 鞁� 氤错喌欤� 1欤检棎 雽�頃� 甓岆Μ毳� 鞚橂頃橂┌ 2026-02-18鞐� 旆摑霅╇媹雼�. 鞚挫偓須岆姅 旆摑霅� RSU毳� 欤检嫕 雽�鞁� 順勱笀鞙茧 鞝曥偘頃� 靾� 鞛堨姷雼堧嫟. Form 4電� 氤搓碃鞚胳潉 雽�鞁犿晿鞐� 雽�毽澑鞚� 2025-08-21鞐� 靹滊獏頄堨姷雼堧嫟. 瓯半灅 頉� 氤搓碃鞚胳潃 歆侅爲鞝侅溂搿� 60,607 RSU毳� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.

Workhorse Group Inc. (WKHS) a d茅clar茅 dans un Form 4 l鈥檃ttribution de 60鈥�607 unit茅s d鈥檃ctions restreintes (RSU) 脿 l鈥檃dministrateur William G. Quigley III le 18/08/2025. Chaque RSU correspond au droit conditionnel 脿 une action ordinaire et devient acquis le 18/02/2026. Le conseil d鈥檃dministration peut choisir de r茅gler les RSU acquises en esp猫ces plut么t qu鈥檈n actions. Le Form 4 a 茅t茅 sign茅 par un mandataire au nom de la personne d茅clarante le 21/08/2025. Apr猫s la transaction, la personne d茅clarante poss猫de directement 60鈥�607 RSU.

Workhorse Group Inc. (WKHS) meldete in einem Form 4 die Gew盲hrung von 60.607 Restricted Stock Units (RSUs) an den Direktor William G. Quigley III am 18.08.2025. Jede RSU gew盲hrt das bedingte Recht auf eine Stammaktie und verf盲llt am 18.02.2026. Der Vorstand kann beschlie脽en, f盲llige RSUs in bar statt in Aktien zu begleichen. Das Form 4 wurde am 21.08.2025 von einem Bevollm盲chtigten im Namen der meldenden Person unterschrieben. Nach der Transaktion besitzt die meldende Person direkt 60.607 RSUs.

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*
QUIGLEY WILLIAM G III
(Last) (First) (Middle)
C/O WORKHORSE GROUP INC.
3600 PARK 42 DRIVE, SUITE 160E
(Street)
SHARONVILLE OH 45241
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Workhorse Group Inc. [ WKHS ] 		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)
08/18/2025
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
Restricted Stock Units (1) 08/18/2025 A 60,607 02/18/2026(1) 02/18/2026(1) Common Stock, $0.001 par value per share 60,607 $0 60,607 D
Explanation of Responses:
1. Represents restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on February 18, 2026. Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors.
Remarks:
/s/ Arthur McMahon, attorney-in-fact for William G. Quigley, III 08/21/2025
** 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.

Source:

FAQ

What insider transaction did Workhorse Group (WKHS) report on Form 4?

The Form 4 reports a grant of 60,607 restricted stock units (RSUs) to director William G. Quigley III, dated 08/18/2025.

When do the RSUs to William G. Quigley III vest?

The RSUs vest on 02/18/2026, as specified in the Form 4 filing.

Can Workhorse settle the RSUs in cash or only in shares?

The filing states that upon vesting the RSUs may be settled in cash at the Board's discretion.

Who filed and signed the Form 4 for the RSU grant?

The Form 4 was signed on behalf of William G. Quigley III by Arthur McMahon, attorney-in-fact, dated 08/21/2025.

How many RSUs does the reporting person beneficially own after the transaction?

Following the reported transaction, the reporting person beneficially owns 60,607 RSUs.
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Workhorse Group

NASDAQ:WKHS

WKHS Rankings

#5762 Ranked by Market Cap
N/A Ranked by Dividends

WKHS Latest News

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Aug 15, 2025
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Aug 15, 2025
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Aug 4, 2025
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WKHS Latest SEC Filings

Aug 20, 2025
[Form 4] Workhorse Group, Inc Insider Trading Activity
Aug 20, 2025
[Form 4] Workhorse Group, Inc Insider Trading Activity
Aug 20, 2025
[Form 4] Workhorse Group, Inc Insider Trading Activity
Aug 20, 2025
[Form 4] Workhorse Group, Inc Insider Trading Activity
Aug 20, 2025
[Form 4] Workhorse Group, Inc Insider Trading Activity

WKHS Stock Data

19.06M
9.43M
0.25%
3.33%
20.68%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
United States
LOVELAND