WORKHORSE GROUP INC. (WKHS)

Motive GM Holdings II LLC 🟢 acquired 1.5M shares (1 derivative) of Workhorse Group Inc. (WKHS) at $10.00 ($15.0M) Transaction Date: Aug 25, 2026 | Filing ID: 000008

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  • News bot Aug. 25, 2026, 9:29 p.m.

    🔍 Motive GM Holdings II LLC (Executive)

    Company: Workhorse Group Inc. (WKHS)

    Report Date: 2026-08-25

    Transaction Summary:

    • Total transactions: 1
    • Derivative instruments: 1
    • Holdings reported: 0
    • Total shares acquired: 1,500,000

    Detailed Transactions and Holdings:

    • Acquired 1,500,000 shares of Warrants (right to buy) at $10.0 per share (Derivative)
      Date: 2026-08-25 | Code: J | Expires: 2031-08-25 | Exercise: 2026-08-25 | equity_swap_involved: 0 | shares_owned_after: 1,500,000.00 | transaction_form_type: 4 | Footnotes: F1, F1, F2

    Footnotes:

    • F1: The warrants were issued as consideration for Motive GM Holdings II LLC ("MGMH") entering into amendments to certain credit agreements between the Issuer and MGMH.
    • F2: Mr. Magness serves as the manager of MGMH and, in such capacity, exercises voting and dispositive power over the securities held directly by MGMH; Mr. Magness also holds a direct membership in MGMH, and, by virtue of the foregoing, may be deemed to beneficially own the securities reported herein. GMIT Lending Company, LLC, for which Mr. Magness also serves as manager, is the majority member of MGMH and may be deemed to beneficially own the securities reported herein by virtue of its membership interest. Each Reporting Person disclaims beneficial ownership of the securities reported except to the extent of its or his pecuniary interest therein. The inclusion of the securities reported herein shall not be deemed an admission of beneficial ownership by any Reporting Person for Section 16 or any other purpose.