Worksport Ltd. announced that its Chief Executive Officer, Steven Rossi, received 79,618 shares of common stock to satisfy $50,000 in accrued bonus compensation. This transaction is positioned as a signal of the CEO's confidence in the company's long-term value and strategy.
Key Details
- Transaction Date: June 5, 2026
- Details: CEO Steven Rossi was issued 79,618 common shares at a price of $0.6280 per share, for an aggregate value of $50,000.10.
- Purpose: The stock issuance was made in lieu of a cash payment for a previously accrued and unpaid bonus, a transaction approved by the Board of Directors.