---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-063719"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2026-09-28T20:15:22+00:00"
generated_at: "2026-10-12T13:35:37.135942+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Workhorse adopts Value Creation Incentive Plan; CEO Griffith target $15M, CFO Davis $6.5M

## Summary
- Board adopted the Workhorse Group Inc. Value Creation Incentive Plan on Sept 22, 2026; performance period runs Oct 1, 2026 through Sept 30, 2031.
- CEO Scott Griffith received a $15M target performance award; CFO Jody Davis received a $6.5M target award; payouts in cash or, at Committee election, common stock.
- Revenue goal worth 15% of target: annualized GAAP revenue of at least $75M for two consecutive fiscal quarters (quarterly GAAP sales times four).
- Gross margin goal 20% and operating cash flow goal 25% of target: each must be positive for two consecutive quarters on a GAAP basis.
- Largest goal (40%): average market cap of at least $500M over any 45 consecutive trading days; Company says targets are not guidance or projections.

## SEC filing metadata
- accession: 0001628280-26-063719
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2026-09-28T20:15:22+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000162828026063719/0001628280-26-063719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000162828026063719/wkhs-20260922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-063719
- JSON: https://secwatch.observer/filing/0001628280-26-063719.json
- Plain text: https://secwatch.observer/filing/0001628280-26-063719.txt

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