Rossi Steven F. 4

What Happened
Steven F. Rossi, Worksport Ltd (WKSP) Chairman, CEO and President, reported a purchase of 79,618 shares on June 5, 2026. The Form 4 shows the shares at $0.63 per share for an aggregate reported value of about $50,000. A footnote clarifies the shares were issued in satisfaction of previously accrued and unpaid bonus compensation and were valued at the issuer’s closing price of $0.6280 on June 5, 2026 (aggregate $50,000.10). The filing reports this as a purchase (code P), but the footnote indicates the shares were compensation-related rather than an open-market cash buy.

Key Details

• Transaction date: June 5, 2026 — 79,618 shares acquired.
• Reported price: $0.63 per share; footnote valuation: $0.6280 per share; aggregate ≈ $50,000.10.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote F1: Shares issued to satisfy previously accrued and unpaid bonus compensation.
• Filing date: June 9, 2026 — appears to be within the SEC Form 4 two-business-day filing window for a June 5 transaction.

Context
Insider purchases can be viewed as a positive signal, but when shares are issued to satisfy compensation (as here) they do not reflect an out-of-pocket open-market buy and are primarily a pay-related issuance. For retail investors, note this was compensation-related issuance rather than a discretionary market purchase by the insider.