Workhorse Group Inc. 8-K

What Happened Workhorse Group Inc. filed an 8-K (Jan 12, 2026) reporting that its Board, following a recommendation from the Human Resource Management and Compensation Committee, approved certain compensation elements for Chief Executive Officer Scott Griffith. Mr. Griffith was appointed CEO effective December 15, 2025; on January 6, 2026 the Board approved an annual base salary of $600,000 (retroactive to Dec 15, 2025) and a target bonus opportunity equal to 50% of base salary. The Board stated it intends to approve additional compensation elements and enter into a written employment agreement with Mr. Griffith.

Key Details

• CEO: Scott Griffith — appointment effective December 15, 2025 (previously disclosed).
• Base salary: $600,000 per year, retroactive to December 15, 2025.
• Target bonus: 50% of base salary under the Short-Term Incentive Plan or another executive bonus plan.
• Board action date: compensation approved by the Board/Committee on January 6, 2026; 8-K filed January 12, 2026 (signed by CFO Robert M. Ginnan).

Why It Matters This filing formalizes the cash compensation framework for Workhorse’s new CEO, establishing the company’s annual salary and target short-term incentive level. For investors, these disclosed terms set a baseline for executive cash costs and signal that the company will provide further detail later when additional elements (which may include equity or other terms) are approved and documented in a written agreement. Future 8-K or proxy filings may disclose those additional terms.