Form 4: Workhorse Group Inc. Executive James Peters Reports Stock Transaction
SEC Form 4 Filing
James Peters, VP of Supply Chain Management at Workhorse Group Inc., reports the relinquishment of 1,412 shares of common stock to cover tax withholding for previously granted restricted shares.
Summary
- On April 1, 2024, James Peters, VP of Supply Chain Management at Workhorse Group Inc., relinquished 1,412 shares of common stock.
- This transaction was to cover estimated tax withholding for restricted shares previously granted to him.
- The price per share was $0.227, based on the fair market value at the closing trading price on the vesting date.
- Following the transaction, Peters beneficially owns 537,772 shares of Workhorse Group Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock transaction: James Peters relinquished 1,412 shares. |
| 04/03/2024 | Date of signature by Arthur McMahon, attorney-in-fact for James Peters. |
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