|4Feb 9, 9:45 PM ET

Rossi Lorenzo 4

4 · Worksport Ltd · Filed Feb 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Worksport (WKSP) Director Lorenzo Rossi Receives 15,000-Option Award

What Happened

  • Lorenzo Rossi, a director of Worksport Ltd (WKSP), was granted a derivative award of 15,000 options on 2026-02-09. The filing reports a per-share amount of $1.66, for a total reported value of $24,900.
  • This was a grant (award) of options, not an open-market purchase or sale, so no shares were sold. Grants are compensation-related and do not necessarily signal immediate buying or selling of stock.

Key Details

  • Transaction date and reported value: 2026-02-09; 15,000 options @ $1.66 each; total $24,900.
  • Vesting: Options vest in three equal annual installments of 5,000 options, beginning on the first anniversary of the grant date (per footnote).
  • Plan: Granted under the Issuer's 2022 Equity Incentive Plan.
  • Shares owned after transaction: Not specified in the filing.
  • Timeliness: Report filed for the same period date (2026-02-09); no late-filing indication.

Context

  • This is a derivative grant (an award of options). It gives the holder the right to acquire shares in the future according to the award terms; it is not an immediate acquisition of common stock.
  • Because these are restricted by vesting, they represent future potential ownership rather than an immediate market transaction.

Insider Transaction Report

Form 4
Period: 2026-02-09
Transactions
  • Award

    Option (Right to buy)

    [F1]
    2026-02-09$1.66/sh+15,000$24,90065,000 total
    Exercise: $1.66Common Stock (15,000 underlying)
Footnotes (1)
  • [F1]Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 5,000 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.
Signature
/s/ Lorenzo Rossi|2026-02-09

Documents

1 file
  • 4
    ownership.xmlPrimary

    4