|4Feb 9, 9:45 PM ET

Loverock Craig William 4

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Worksport (WKSP) Director Craig Loverock Receives 25,002-Option Award

What Happened
Craig Loverock, a director of Worksport Ltd (WKSP), was granted a derivative award on February 9, 2026: options covering 25,002 shares with a reported price of $1.66 per share (total reported value $41,503). This was an award/grant (not a sale or open-market purchase), meaning the director received options that may be exercised in the future if vesting and other plan conditions are met.

Key Details

  • Transaction date: 2026-02-09 (grant/award reported on same date).
  • Instrument: Derivative award (options) covering 25,002 shares; reported price $1.66 per share; reported aggregate value $41,503.
  • Vesting: Options vest in three equal annual installments of 8,334 options beginning on the first anniversary of the grant (per footnote). Expiration and other terms follow the 2022 Equity Incentive Plan and the award agreement.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Timeliness: Filing date equals the transaction date (no late filing noted in the provided data).

Context
This was a grant of options rather than an immediate purchase of stock; the award creates the opportunity to buy shares later if the options vest and are exercised. Grants to executives or directors are common as compensation or retention tools and do not by themselves indicate a current buy or sell decision.