Form 4: Workhorse Group Inc. Executive Joshua Anderson Reports Stock Transaction
SEC Form 4
Chief Technology Officer Joshua Anderson relinquished 263 shares of Workhorse Group Inc. common stock to cover estimated tax withholding for previously granted restricted shares.
Summary
- On October 20, 2024, Joshua Anderson, Chief Technology Officer of Workhorse Group Inc., relinquished 263 shares of common stock to cover estimated tax withholding for restricted shares.
- The transaction was executed at a price of $0.83 per share.
- Following the transaction, Anderson beneficially owns 11,272 shares of Workhorse Group Inc.
- All amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-20 reverse split.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock holdings.
Key Dates
| Date | Description |
|---|---|
| June 17, 2024 | The Company effected a 1-for-20 reverse split of the Company's common stock. |
| October 20, 2024 | Joshua Anderson relinquished 263 shares of common stock to cover estimated tax withholding. |
| October 22, 2024 | Date of signature for the Form 4 filing. |
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