GINNAN ROBERT M (Chief Financial Officer) sold 77.1% of their position (567.00 shares) of WORKHORSE GROUP INC. on the open market

Open‑market sale worth $3.7K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

GINNAN ROBERT M

Filed: 12/15/2025ACC: 0001189872-25-000003

InsiderGINNAN ROBERT MCIK 1189872

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IssuerWORKHORSE GROUP INC.CIK 1425287

Officer· Chief Financial Officer

Since Jan 2022

-567.00

Net shares

Net seller

$3.7K

Total sold

Open market trades

0B · 3S

Total transactions

567.00 acquired · 1.13K disposed

Non-Derivative Transactions6

Common Stock, $0.001 par value per share

Direct

M · Option Exercise

+211.00

Price / share

—

Trade value

—

% of position

125.6%

12/15/2025

168.00→379.00

Common Stock, $0.001 par value per share

Direct

S · Sale

−211.00

Price / share

$6.51

Trade value

$1.37K

% of position

55.7%

12/15/2025

379.00→168.00

Common Stock, $0.001 par value per share

Direct

M · Option Exercise

+40.00

Price / share

—

Trade value

—

% of position

23.8%

12/15/2025

168.00→208.00

Common Stock, $0.001 par value per share

Direct

S · Sale

−40.00

Price / share

$6.51

Trade value

$260.40

% of position

19.2%

12/15/2025

208.00→168.00

Common Stock, $0.001 par value per share

Direct

M · Option Exercise

+316.00

Price / share

—

Trade value

—

% of position

188.1%

12/15/2025

168.00→484.00

Common Stock, $0.001 par value per share

Direct

S · Sale

−316.00

Price / share

$6.51

Trade value

$2.06K

% of position

65.3%

12/15/2025

484.00→168.00

Total

Net shares

+0.00

Net value

-$3.69K

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	+211.00	—	—	125.6%	168.00	379.00
Common Stock, $0.001 par value per share Direct	12/15/2025	S · Sale	−211.00	$6.51	$1.37K	55.7%	379.00	168.00
Common Stock, $0.001 par value per share Direct	12/15/2025	M · Option Exercise	+40.00	—	—	23.8%	168.00	208.00
Common Stock, $0.001 par value per share Direct	12/15/2025	S · Sale	−40.00	$6.51	$260.40	19.2%	208.00	168.00
Common Stock, $0.001 par value per share Direct	12/15/2025	M · Option Exercise	+316.00	—	—	188.1%	168.00	484.00
Common Stock, $0.001 par value per share Direct	12/15/2025	S · Sale	−316.00	$6.51	$2.06K	65.3%	484.00	168.00
Total			+0.00		-$3.69K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $0.001 par value per share

211.00 shares

−211.00

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

40.00 shares

−40.00

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

316.00 shares

−316.00

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 share211.00 shares	12/15/2025	M · Option Exercise	−211.00	—
Performance Share Units Direct	Common Stock, $0.001 par value per share40.00 shares	12/15/2025	M · Option Exercise	−40.00	—
Performance Share Units Direct	Common Stock, $0.001 par value per share316.00 shares	12/15/2025	M · Option Exercise	−316.00	—