4//SEC Filing
QUIGLEY WILLIAM G III 4
Accession 0001628280-25-057622
CIK 0001425287other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:01 PM ET
Size
9.9 KB
Accession
0001628280-25-057622
Insider Transaction Report
Form 4
QUIGLEY WILLIAM G III
Director
Transactions
- Exercise/Conversion
Common Stock, $0.001 par value per share
2025-12-15+5,051→ 5,184 total - Sale
Common Stock, $0.001 par value per share
2025-12-15$6.51/sh−5,051$32,882→ 133 total - Exercise/Conversion
Restricted Stock Units
2025-12-15−5,051→ 0 totalFrom: 2026-02-18Exp: 2026-02-18→ Common Stock, $0.001 par value per share (5,051 underlying)
Footnotes (3)
- [F1]On June 17, 2024, Workhorse Group Inc. (the "Company") effected a 1-for-20 reverse split of the Company's common stock. On March 17, 2025, the Company effected a 1-for-12.5 reverse split of the Company's common stock. On December 8, 2025, the Company effected a 1-for-12 reverse split of the Company's common stock. The reverse stock splits resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the foregoing reverse stock splits.
- [F2]Pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), dated August 15, 2025, by and among the Company, Omaha Intermediate 2, Inc., Omaha Intermediate, Inc., Omaha Merger Subsidiary, Inc., and Motiv Power Systems, Inc., all of the Company's outstanding equity awards vested immediately prior to the effective time of the merger, with (to the extent applicable) performance deemed achieved at target.
- [F3]Represents Restricted Stock Units ("RSUs") granted by the Company to the reporting person on August 18, 2025. In accordance with the Merger Agreement, each RSU vested and settled in cash at the effective time of the merger based on the fair market value of the Company's common stock.
Documents
Issuer
Workhorse Group Inc.
CIK 0001425287
Entity typeother
Related Parties
1- filerCIK 0001215201
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:01 PM ET
- Size
- 9.9 KB