Worksport Ltd·4

Apr 14, 8:25 AM ET

Rossi Steven F. 4

Research Summary

AI-generated summary

Updated

Worksport (WKSP) CEO Steven F. Rossi Buys 88,214 Shares

What Happened
Steven F. Rossi, CEO, President and a director of Worksport Ltd (WKSP), received/acquired 88,214 shares on April 13, 2026. The shares were valued at $0.8502 per share (reported as $0.85) for an aggregate value of $75,000. The transaction is reported as a purchase (code P) but the shares were issued in satisfaction of previously accrued and unpaid bonus compensation.

Key Details

  • Transaction date: 2026-04-13; filing date: 2026-04-14 (filed the next day, not marked late)
  • Price: $0.85 per share (footnote reports $0.8502, the April 10, 2026 closing price)
  • Shares acquired: 88,214; aggregate value: $75,000
  • Shares owned after transaction: not disclosed in the provided extract
  • Footnote: F1 — shares were issued to satisfy previously accrued and unpaid bonus compensation and valued at the April 10 closing price

Context
This was an issuance to satisfy compensation rather than an open-market speculative buy. Purchases or issuances can be informative, but this transaction reflects compensation payout rather than a discretionary market purchase by the insider.