Worksport CEO takes $50K in stock instead of cash bonus, adds 79,618 shares

Filed June 9, 2026 · Period ending June 5, 2026 · ~1 min read

Key Changes

• medium

  CEO Steven Rossi acquired 79,618 shares at $0.628 per share (market price on June 5) by converting $50,000 of unpaid bonus compensation into equity instead of taking cash.

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• medium

  Transaction preserves company cash by converting a liability into equity, while CEO's choice to take stock over cash may signal confidence in the company's prospects.

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• low

  Shares were issued under exemption from registration as a non-public offering to a single executive, approved by the Board of Directors.

  Item 3.02 verify on EDGAR →