Caragol William J 4
Research Summary
AI-generated summary
Worksport (WKSP) Director William Caragol Receives 25,002-Option Award
What Happened
- William J. Caragol, a director of Worksport Ltd (WKSP), was granted a derivative award of 25,002 options on 2026-02-09. The award is recorded at $1.66 per share (total value $41,503). This was a grant/award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-09; grant type: derivative award (options).
- Amount: 25,002 options; reported price/strike: $1.66; 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 the 2022 Equity Incentive Plan and award agreement).
- Expiration: As set by the 2022 Equity Incentive Plan and the applicable award agreement (specific expiration date not listed in the filing).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Reported with period 2026-02-09 and filed 2026-02-09 (appears timely).
Context
- This is a standard equity incentive grant under Worksport’s 2022 Equity Incentive Plan. As a derivative award, these options give the holder the right to acquire common shares at the stated price subject to vesting and plan terms; it is not an immediate cash purchase or sale.