Business context and reporting period
Workhorse Group Inc. filed this Form 8-K regarding compensation terms for CEO Scott Griffith. The reported event occurred January 6, 2026; the report was signed January 12, 2026. Griffith’s appointment, effective December 15, 2025, had been disclosed previously.
Compensation and financial metrics
- The Board approved an annual base salary of $600,000, retroactive to December 15, 2025.
- His target bonus opportunity is 50% of base salary under the Company’s Short-Term Incentive Plan or another executive bonus plan. At the stated salary, that equals a target of $300,000; the filing does not state an actual bonus amount or payout.
- The 8-K provides no revenue, profit, cash flow, margin, debt, or liquidity information.
Changes, outlook, and other matters
The filing reports approval of these compensation elements following Griffith’s appointment. The Board intends to approve additional compensation and employment terms and enter into a written agreement; those terms are not provided. No business or financial guidance, contingencies, or unusual operating items are disclosed.
Investor verification points
- Review subsequent filings for the written employment agreement and any additional compensation terms.
- Verify the applicable bonus plan, performance conditions, and any eventual bonus payout.
- Consult the Company’s periodic financial filings for operating results, cash, debt, and liquidity, which this 8-K does not address.