Director Craig Loverock receives 25,002 options at Worksport (WKSP)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Worksport Ltd director Craig William Loverock reported receiving stock options on common shares. On February 9, 2026, he was granted 25,002 stock options with an exercise price of $1.66 per share, increasing his directly held derivative position to 61,752 stock options.
The options were granted under Worksport’s 2022 Equity Incentive Plan and vest in three equal annual installments of 8,334 options, beginning on the first anniversary of the grant date, and expire according to the plan and award agreement terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Loverock Craig William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 25,002 | $1.66 | $42K |
Holdings After Transaction:
Stock Options (Right to Buy) — 61,752 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Worksport (WKSP) report for Craig Loverock?
Worksport reported that director Craig William Loverock received 25,002 stock options on February 9, 2026, at an exercise price of $1.66 per share. These options were granted under the company’s 2022 Equity Incentive Plan as part of his equity compensation.
How many Worksport stock options does Craig Loverock hold after this grant?
After the February 9, 2026 grant, Craig William Loverock beneficially owns 61,752 Worksport stock options directly. This total reflects the newly granted 25,002 options added to his previously held derivative securities, as reported in the Form 4 filing.
What is the exercise price of Craig Loverock’s new Worksport stock options?
The newly granted Worksport stock options to director Craig William Loverock have an exercise price of $1.66 per share. This means he can purchase Worksport common stock at $1.66 once the options vest and while they remain outstanding.
How do Craig Loverock’s Worksport options vest under the 2022 Equity Incentive Plan?
Craig Loverock’s 25,002 Worksport stock options vest in three equal annual installments of 8,334 options. Vesting begins on the first anniversary of the February 9, 2026 grant date and follows the terms of the 2022 Equity Incentive Plan and award agreement.
What plan governs the stock options granted to Craig Loverock at Worksport?
The stock options granted to Craig William Loverock are issued under Worksport’s 2022 Equity Incentive Plan. The plan sets key terms such as vesting schedule, expiration conditions, and other award provisions referenced in the Form 4 footnote.