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AI brief of an SEC Form 8-K · Workhorse Group Inc. (WKHS)

Workhorse Group adopts Value Creation Incentive Plan; CEO and CFO receive performance awards

Neutral Impact 4 of 5 shareholder Written later

Workhorse Group's board adopted a Value Creation Incentive Plan on September 22, 2026, and granted performance awards to CEO Scott Griffith ($15 million target) and CFO Jody Davis ($6.5 million target). Payouts depend on revenue, gross margin, operating cash flow and market capitalization milestones over a performance period from October 1, 2026 to September 30, 2031.

Key points

  • CEO Scott Griffith target award is $15 million; CFO Jody Davis target award is $6.5 million.
  • Performance period runs from October 1, 2026 to September 30, 2031.
  • Equity value milestone (40% of target) requires a $500 million average market capitalization over any 45-trading-day period.
  • Awards may be paid in cash or, at the Committee's election, in common stock.

The filing

CompanyWorkhorse Group Inc. (WKHS)
Form8-K, current report
Filed with the SECSep 28, 2026, 4:15 PM ET
Accession number0001628280-26-063719

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.