4/A: Workhorse Group Executive Amends SEC Filing to Correct Tax Withholding Details
SEC Filing (Form 4/A)
James Peters, VP of Supply Chain Management at Workhorse Group, files an amended Form 4 to correct the number of shares withheld for tax liability related to restricted shares vesting.
Summary
- James Peters, VP of Supply Chain Management at Workhorse Group Inc., filed an amendment to his Form 4 with the SEC.
- The amendment corrects the number of shares withheld to cover his tax liability for the transaction on February 22, 2024.
- On February 22, 2024, 1,288 shares were relinquished at a price of $0.2852 to cover estimated tax withholding.
- On February 23, 2024, 6,526 shares were relinquished at a price of $0.2867 to cover estimated tax withholding.
- Following these transactions, Peters beneficially owns 543,092 shares of Workhorse Group Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect broader industry trends but provides insight into individual executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Original transaction date; 1,288 shares relinquished for tax withholding at $0.2852. |
| 02/23/2024 | Additional transaction date; 6,526 shares relinquished for tax withholding at $0.2867. |
| 02/26/2024 | Date of original Form 4 filing which contained an error. |
| 04/23/2024 | Date of amended Form 4/A filing. |
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