Form 4: Workhorse Group Inc. Executive Joshua Anderson Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Technology Officer Joshua Anderson relinquished 6,150 shares of Workhorse Group Inc. common stock to cover estimated tax withholding for previously granted restricted shares.
Summary
- On April 20, 2024, Joshua Anderson, Chief Technology Officer of Workhorse Group Inc., disposed of 6,150 shares of common stock.
- The transaction was executed to cover estimated tax withholding obligations related to previously granted restricted shares.
- The price per share for this transaction was $0.1613.
- Following the transaction, Anderson directly owns 722,795 shares of Workhorse Group Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (disposal of shares for tax obligations). It doesn't inherently indicate positive or negative sentiment regarding the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/20/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 04/23/2024 | Date of signature by attorney-in-fact for Joshua J. Anderson. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.