Form 4: Workhorse CEO Richard Dauch Relinquishes Shares for Tax Obligations
SEC Form 4 Filing
Workhorse Group CEO Richard Dauch relinquished 622 shares of common stock to cover estimated tax withholding for previously granted restricted shares.
Summary
- On October 31, 2024, Richard F. Dauch, CEO of Workhorse Group Inc., relinquished 622 shares of common stock to cover estimated tax withholding for restricted shares previously granted.
- The transaction was executed at a price of $0.76 per share.
- Following the transaction, Dauch directly owns 142,951 shares of Workhorse Group Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the transaction where Richard F. Dauch relinquished shares. |
| 11/04/2024 | Date of signature by attorney-in-fact for Richard F. Dauch. |
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