DAUCH RICHARD F (Chief Executive Officer) sold 86.7% of their position (8.56K shares) of WORKHORSE GROUP INC. on the open market

Open‑market sale worth $55.8K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 4 sales

DAUCH RICHARD F

Filed: 12/15/2025ACC: 0001077696-25-000003

InsiderDAUCH RICHARD FCIK 1077696

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IssuerWORKHORSE GROUP INC.CIK 1425287

DirectorOfficer· Chief Executive Officer

Since Aug 2021

-8.56K

Net shares

Net seller

$55.8K

Total sold

Open market trades

0B · 4S

Total transactions

8.56K acquired · 17.13K disposed

Non-Derivative Transactions8

Common Stock, $0.001 par value per share

Direct

M · Option Exercise

+1.27K

Price / share

—

Trade value

—

% of position

97.2%

12/15/2025

1.31K→2.58K

Common Stock, $0.001 par value per share

Direct

S · Sale

−1.27K

Price / share

$6.51

Trade value

$8.29K

% of position

49.3%

12/15/2025

2.58K→1.31K

Common Stock, $0.001 par value per share

Direct

M · Option Exercise

+5.05K

Price / share

—

Trade value

—

% of position

385.6%

12/15/2025

1.31K→6.36K

Common Stock, $0.001 par value per share

Direct

S · Sale

−5.05K

Price / share

$6.51

Trade value

$32.88K

% of position

79.4%

12/15/2025

6.36K→1.31K

Common Stock, $0.001 par value per share

Direct

M · Option Exercise

+331.00

Price / share

—

Trade value

—

% of position

25.3%

12/15/2025

1.31K→1.64K

Common Stock, $0.001 par value per share

Direct

S · Sale

−331.00

Price / share

$6.51

Trade value

$2.15K

% of position

20.2%

12/15/2025

1.64K→1.31K

Common Stock, $0.001 par value per share

Direct

M · Option Exercise

+1.91K

Price / share

—

Trade value

—

% of position

145.7%

12/15/2025

1.31K→3.22K

Common Stock, $0.001 par value per share

Direct

S · Sale

−1.91K

Price / share

$6.51

Trade value

$12.43K

% of position

59.3%

12/15/2025

3.22K→1.31K

Total

Net shares

+0.00

Net value

-$55.75K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.001 par value per share Direct	12/15/2025	M · Option Exercise	+1.27K	—	—	97.2%	1.31K	2.58K
Common Stock, $0.001 par value per share Direct	12/15/2025	S · Sale	−1.27K	$6.51	$8.29K	49.3%	2.58K	1.31K
Common Stock, $0.001 par value per share Direct	12/15/2025	M · Option Exercise	+5.05K	—	—	385.6%	1.31K	6.36K
Common Stock, $0.001 par value per share Direct	12/15/2025	S · Sale	−5.05K	$6.51	$32.88K	79.4%	6.36K	1.31K
Common Stock, $0.001 par value per share Direct	12/15/2025	M · Option Exercise	+331.00	—	—	25.3%	1.31K	1.64K
Common Stock, $0.001 par value per share Direct	12/15/2025	S · Sale	−331.00	$6.51	$2.15K	20.2%	1.64K	1.31K
Common Stock, $0.001 par value per share Direct	12/15/2025	M · Option Exercise	+1.91K	—	—	145.7%	1.31K	3.22K
Common Stock, $0.001 par value per share Direct	12/15/2025	S · Sale	−1.91K	$6.51	$12.43K	59.3%	3.22K	1.31K
Total			+0.00		-$55.75K

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $0.001 par value per share

1.27K shares

−1.27K

Strike price

Held after

0.00

Exercisable

—

12/15/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $0.001 par value per share

5.05K shares

−5.05K

Strike price

Held after

0.00

Exercisable

—

12/15/2025

Performance Share Units

Direct

M · Option Exercise

Converts to

Common Stock, $0.001 par value per share

331.00 shares

−331.00

Strike price

Held after

0.00

Exercisable

—

12/15/2025

Performance Share Units

Direct

M · Option Exercise

Converts to

Common Stock, $0.001 par value per share

1.91K shares

−1.91K

Strike price

Held after

0.00

Exercisable

—

12/15/2025

Security	Converts To	Date	Type	Shares	Exercisable
Restricted Stock Units Direct	Common Stock, $0.001 par value per share1.27K shares	12/15/2025	M · Option Exercise	−1.27K	—
Restricted Stock Units Direct	Common Stock, $0.001 par value per share5.05K shares	12/15/2025	M · Option Exercise	−5.05K	—
Performance Share Units Direct	Common Stock, $0.001 par value per share331.00 shares	12/15/2025	M · Option Exercise	−331.00	—
Performance Share Units Direct	Common Stock, $0.001 par value per share1.91K shares	12/15/2025	M · Option Exercise	−1.91K	—