Workhorse (WKHS) CEO Scott W. Griffith Receives Award

What Happened

• Scott W. Griffith, CEO of Workhorse Group Inc. (WKHS), received an award of 562,500 restricted stock units (RSUs) on July 20, 2026. The RSUs were granted at $0.00 (no cash paid at grant) and represent a contingent right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-07-20; filing date: 2026-07-21 (timely; Form 4 deadlines met).
• Transaction type/code: Award/Acquisition (A); grant amount: 562,500 RSUs; grant price: $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs vest in three equal installments beginning June 1, 2027 and annually thereafter.
• No 10b5-1 plan, tax-withholding sale, or late-filing indicator disclosed.

Context

• RSUs are a compensatory award that convert into shares only if and when they vest; this grant does not represent an immediate open-market purchase or sale. Such awards are commonly part of executive compensation and should be viewed as a potential future increase in share count upon vesting rather than an immediate cash-value transaction.