secwatch.observer — SEC 8-K summary
======================================

Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0001213900-22-000479
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workhorse appoints Robert Ginnan as CFO effective Jan 4, 2022
-------------------------------------------------------------

- Ginnan receives base salary of $400,000/year, signing bonus of 100,000 restricted shares vesting over 3 years.
- Eligible for annual cash bonus target at 50% of base salary, up to 100%, and LTIP equity target at 150% of base salary.
- Ginnan most recently served as CEO of Family RV after serving as CFO; revenues grew from $80M to $200M during his tenure.
- He succeeds Greg Ackerson, who served as Interim CFO since September 2021 and will return to Corporate Controller role.
- Ginnan has 20+ years of senior finance experience, including multiple IT and accounting system installations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000121390022000479/0001213900-22-000479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000121390022000479/ea153443-8k_workhorse.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-000479

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer