Form 4: Workhorse Group Inc. Executive James D. Harrington Reports Stock Transaction
SEC Form 4 Filing
James D. Harrington, General Counsel of Workhorse Group Inc., reports the relinquishment of 89 shares of common stock to cover tax withholding for previously granted restricted shares.
Summary
- On December 27, 2024, James D. Harrington, General Counsel of Workhorse Group Inc., relinquished 89 shares of common stock.
- The transaction was to cover estimated tax withholding for restricted shares previously granted to Harrington.
- The price per share was $0.79, based on the fair market value at the closing trading price on the vesting date.
- Following the transaction, Harrington directly owns 16,458 shares of Workhorse Group Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes. It doesn't convey strong positive or negative sentiment about the company's overall performance.
Industry Context
This is a routine Form 4 filing related to executive compensation and does not necessarily indicate a significant trend in the company's performance or outlook. It is common for executives to relinquish shares to cover tax obligations related to vesting restricted stock.
Key Dates
| Date | Description |
|---|---|
| 12/27/2024 | Date of stock transaction: James D. Harrington relinquished 89 shares. |
| 12/30/2024 | Date of signature for the Form 4 filing. |
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