WKHS.NASDAQWorkhorse Group INC

Form 4: Workhorse Group Inc. Executive James D. Harrington Reports Stock Transactions

Sentiment:

SEC Form 4

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James D. Harrington, General Counsel of Workhorse Group Inc., reports the relinquishment of shares to cover tax withholding on vested restricted shares.

Summary

  • On February 22, 2025, James D. Harrington, General Counsel of Workhorse Group Inc., relinquished 162 shares of common stock at a price of $0.4868 per share to cover estimated tax withholding for restricted shares previously granted.
  • Following this transaction, Harrington directly owns 16,296 shares.
  • On February 23, 2025, Harrington relinquished an additional 757 shares at the same price of $0.4868 per share for the same reason.
  • Following this second transaction, Harrington directly owns 15,539 shares.

Sentiment

Score: 5

Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment regarding the company's performance.

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 a change in the company's overall prospects or strategy.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares relinquished for tax purposes.

Key Dates

DateDescription
02/22/2025162 shares of common stock relinquished to cover estimated tax withholding.
02/23/2025757 shares of common stock relinquished to cover estimated tax withholding.
02/25/2025Date of signature for the Form 4 filing.

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