Workhorse set 2026 short-term incentive targets for Scott Griffith, Jody Davis and Joshua Anderson, each at 50% of base salary under a newly adopted STIP.

IndividualScott GriffithJody DavisJoshua AndersonRoleChief Executive OfficerChief Financial OfficerExecutive Vice President, OperationsType of ChangeNamed as STIP participantNamed as STIP participantNamed as STIP participantEffective DateJanuary 1, 2026January 1, 2026January 1, 2026ReasonSTIP adopted to motivate and reward performance-based cash compensationSTIP adopted to motivate and reward performance-based cash compensationSTIP adopted to motivate and reward performance-based cash compensationReplacement InfoNot disclosedNot disclosedNot disclosedBackground DetailsNamed officer; STIP target opportunity set at 50% of base salary for 2026Named officer; STIP target opportunity set at 50% of base salary for 2026Named officer; STIP target opportunity set at 50% of base salary for 2026Board/Committee Role ChangesNot disclosedNot disclosedNot disclosed

Original SEC Filing:

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