Filing Details

Accession Number:
0001425287-25-000034
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-04-21 20:43:27
Reporting Period:
2025-04-17
Filing Date:
2025-04-21
Accepted Time:
2025-04-21 20:43:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1425287 Workhorse Group Inc. WKHS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1189872 M Robert Ginnan C/O Workhorse Group Inc.
3600 Park 42 Drive, Suite 160E
Sharonville OH 45241
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.001 Par Value Per Share Acquisiton 2025-04-17 238 $0.00 1,421 No 4 M Direct
Common Stock, $0.001 Par Value Per Share Disposition 2025-04-17 238 $1.31 1,183 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $0.001 Par Value Per Share Performance Share Units Disposition 2025-04-17 238 $0.00 238 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-12-31 2024-12-31 No 4 M Direct
Footnotes
  1. Represents Performance Share Units ("PSUs") granted by Workhorse Group Inc. (the "Company") to the reporting person on February 23, 2022. On April 17, 2025, the PSUs vested upon the achievement of certain performance incentives and settled in cash based on the fair market value of the Company's common stock.
  2. On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock. On March 17, 2025, the Company effected a 1-for-12.5 reverse split of the Company's common stock. The reverse stock splits resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the cumulative 1-for-250 reverse split.