Workhorse (WKHS) Director Alan S. Henricks Receives RSU Award

What Happened
Alan S. Henricks, a director of Workhorse Group Inc. (WKHS), received a grant of 30,484 restricted stock units (RSUs) on July 17, 2026. The reported acquisition price is $0.00 (award/compensation). Of the grant, 5,484 RSUs fully vested as of the grant date; the remaining 25,000 RSUs vest in one installment on the earlier of June 29, 2027 or the issuer's 2027 annual meeting, with the vested shares to be delivered on July 17, 2028 (or upon an earlier change in control).

Key Details

• Transaction date: 2026-07-17; Filing date (Form 4): 2026-07-20 (filed within the standard two-business-day window).
• Transaction type/code: Award/Grant (A); reported price: $0.00.
• Shares granted: 30,484 RSUs total (5,484 vested immediately; 25,000 subject to single future vesting event).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Each RSU represents a contingent right to one share; delivery timing for vested RSUs is specified (July 17, 2028 or upon change in control).
• This is a compensation award, not an open-market purchase or sale—does not directly signal a purchase/sale decision.

Context
RSUs are a form of equity compensation giving the holder the right to receive shares in the future if vesting conditions are met. The immediate vesting of 5,484 units gives Henricks an immediate vested interest; the larger tranche vests next year but won’t be delivered until the specified delivery date or a change in control. Such awards are common for directors and reflect compensation rather than a market purchase.