---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-032558"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:16:45.439329+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Worksport shareholders elect directors, approve 2022 equity plan

## Summary
- All five director nominees elected at Nov 14 meeting: Steven Rossi, Lorenzo Rossi, Craig Loverock, William Caragol, Ned L. Siegel.
- Worksport Ltd 2022 Equity Incentive Plan approved with 18,945,665 votes for, 407,196 against, 99,763 abstain.
- CEO Steven Rossi controls 51% voting power via Series A Preferred Stock (17,891,753 votes).
- Broker non-votes: 2,421,534 on director elections and equity plan.

## SEC filing metadata
- accession: 0001493152-22-032558
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000149315222032558/0001493152-22-032558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000149315222032558/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-032558
- JSON: https://secwatch.observer/filing/0001493152-22-032558.json
- Plain text: https://secwatch.observer/filing/0001493152-22-032558.txt

## Key facts
- Shareholder Votes
  Worksport Ltd shareholders approved Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate at the 2022-11-14 meeting.
  - Outcome: passed
  - Meeting: 2022-11-14
  source text: 3. Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate : Votes For Votes Against Abstentions 21,504,482 310,271 59,405 The affirmative vote of the holders of a majority of the outstanding shares was required for approval. The proposal was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1096275/000149315222032558/0001493152-22-032558-index.htm
- Shareholder Votes
  Worksport Ltd shareholders approved Election of the five nominees to the Board at the 2022-11-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-11-14
  source text: 1. Election of the five nominees to the Board: Name Votes For Withheld Broker Non-Votes Steve Rossi 19,402,906 49,718 2,421,534 Lorenzo Rossi 19,271,775 180,849 2,421,534 Craig Loverock 19,336,232 116,392 2,421,534 William Caragol 19,338,371 114,253 2,421,534 Ned L. Siegel 19,337,608 115,016 2,421,534 Each director nominee was elected to serve as a director until the Company’s 2023 annual meeting of stockholders, or until such person’s successor is duly elected and qualified, or until such person’s earlier resignation, death, or removal. Due to the fact that directors are elected by a plurality of the votes cast, votes could only be cast in favor of or withheld from the nominees and thus votes against were not applicable.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1096275/000149315222032558/0001493152-22-032558-index.htm
- Shareholder Votes
  Worksport Ltd shareholders approved Approval of Worksport Ltd 2022 Equity Incentive Plan at the 2022-11-14 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2022-11-14
  source text: 2. Approval of Worksport Ltd 2022 Equity Incentive Plan : Votes For Votes Against Abstentions Broker Non-Votes 18,945,665 407,196 99,763 2,421,534 The affirmative vote of the holders of a majority of the outstanding shares was required for approval. The Worksport Ltd 2022 Equity Incentive Plan was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1096275/000149315222032558/0001493152-22-032558-index.htm

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