Workhorse Group Inc. — Form 8-K
Filed September 28, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Workhorse Group established a new Value Creation Incentive Plan for eligible employees with performance periods of 3-5 years. Awards are contingent on achieving specified performance milestones: 15% weighted on $75M annualized revenue, 20% on positive gross margin, 25% on positive operating cash flow, and 40% on $500M enterprise equity value. Award Notice template (2026 form) specifies performance measurement through Sept 30, 2031, with payments in cash or shares within 30-60 days of milestone achievement or Change in Control.
Why this rating
Routine equity incentive plan adoption. No specific target award amounts, participant names, or dollar commitments disclosed. Standard compensation governance document; immaterial relative to $11.6M market cap.
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