Rossi Steven F. 4

What Happened Steven F. Rossi, Chief Executive Officer of Worksport Ltd (WKSP), was granted 240,000 derivative securities in the form of stock options on February 9, 2026. The options have an exercise price of $1.66 per share, giving a notional grant value of $398,400. This filing reports an award (grant) of options, not a market purchase or sale.

Key Details

• Transaction date: 2026-02-09; transaction type: Award/Grant (code A); derivative instrument: options.
• Exercise price: $1.66 per share; total notional value: $398,400 (240,000 × $1.66).
• Vesting: options vest in three equal annual installments of 80,000 options beginning on the first anniversary of the grant (per footnote).
• Expiration: options expire in accordance with the 2022 Equity Incentive Plan and the applicable award agreement.
• Shares owned after the transaction: not disclosed in this filing.
• Filing timeliness: filing covers the transaction date and was submitted with this Form 4 (no late-filing indication in the report).

Context These are option awards, meaning Rossi must wait for scheduled vesting and then exercise the options (pay $1.66 per share) to obtain shares. Option grants reward and retain executives but are not the same as an immediate cash purchase—value is realized only if the market price exceeds the exercise price before expiration.