---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-052414"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2021-10-12T23:59:59+00:00"
generated_at: "2026-06-28T21:24:10.959163+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CFO Schrader departs Workhorse; $200K severance under separation agreement

## Summary
- Chief Financial Officer Steve Schrader left Workhorse on Sept 29, 2021 after non-renewal of employment agreement.
- Separation agreement signed Oct 6, 2021 provides $200,000 total consideration.
- Payment: $100,000 within 10 days after effective date; $100,000 on or before Dec 18, 2021.
- Agreement includes release of claims and reaffirmation of restrictive covenants.

## SEC filing metadata
- accession: 0001213900-21-052414
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2021-10-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390021052414/0001213900-21-052414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390021052414/ea148697-8k_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-052414
- JSON: https://secwatch.observer/filing/0001213900-21-052414.json
- Plain text: https://secwatch.observer/filing/0001213900-21-052414.txt

## Key facts
- Executive change
  Steve Schrader departed as Chief Financial Officer at Workhorse Group Inc..
  - Action: left
  - Role: Chief Financial Officer
  source text: As previously reported, on September 29, 2021, Workhorse Group Inc. (the “Company”) informed Steve Schrader, the Company’s then Chief Financial Officer, that the Company would not be renewing his employment agreement and Mr. Schrader left the Company that day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1425287/000121390021052414/0001213900-21-052414-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.