Workhorse Group Inc. 8-K

What Happened

• Workhorse Group Inc. (WKHS) filed an Form 8‑K on June 30, 2026 reporting results from its June 29, 2026 annual meeting. Stockholders re‑elected all seven director nominees and approved an amended and restated 2023 Long‑Term Incentive Plan (LTIP) that increases the shares available for awards by 1,089,340 shares. The Board had adopted the amended LTIP on May 12, 2026; it became effective upon shareholder approval.
• Record and meeting facts: as of the May 8, 2026 record date there were 10,893,400 shares outstanding. 8,103,245 shares (about 74.38%) were present or represented by proxy, establishing a quorum.

Key Details

• Directors elected (terms until 2027 annual meeting): Matthew O’Leary, Scott Griffith, Pamela S. Mader, Raymond J. Chess, Alan S. Henricks, Paul Savoie, Desi Ujkashevic. Each nominee received roughly 6.97 million votes in favor; broker non‑votes totaled 1,121,390.
• Say‑on‑pay (advisory): approved — 6,938,904 for; 93,299 against; 21,302 abstain; 1,121,390 broker non‑votes.
• Auditor ratification: Carr Riggs & Ingram, L.L.C. ratified — 8,061,795 for; 86,613 against; 26,487 abstain.
• LTIP approval: approved — 6,849,267 for; 186,217 against; 18,021 abstain. The LTIP increases available common shares for equity awards by 1,089,340 shares. The LTIP is filed as Exhibit 10.1 to the 8‑K.

Why It Matters

• Governance: Re‑electing the full board maintains current leadership and strategic continuity through 2027. Ratifying the auditor confirms continuity in financial oversight.
• Compensation and dilution: Approval of the amended LTIP allows the company to grant additional equity awards (1,089,340 shares), which can be used for executive and employee incentives. That may affect future share dilution and executive compensation expense — important for shareholders watching ownership and per‑share metrics.
• Investor takeaway: No changes to executive officers were reported; the meeting focused on governance, pay advisory approval, auditor ratification, and shareholder authorization for additional equity awards.