Workhorse Group Inc. insider trading
Every open-market purchase and sale by Workhorse Group Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Workhorse Group Inc.’s insiders pay?
From June 5, 2014 to December 17, 2025, 23 insiders reported 21 open-market purchases and 57 sales not made under a pre-set plan in Workhorse Group Inc. Twelve months after each purchase was reported, the shares were −69.0% against the S&P 500 on average (median −65.0%), over 4 purchases with a full year of prices; 0% beat the index. After sales, the shares moved −96.6% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on February 25, 2016 into $1,802 by November 2, 2026, −14.8% a year. It held shares 24% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $14,654 (+3.6% a year), and held throughout $46,003 (+15.4%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Chess Raymond Joseph | Director | 1 | — | — | 13 | −92.6% (12) | December 15, 2025 |
| Hughes Duane | CEO and President | 0 | — | — | 8 | −101.9% (8) | February 4, 2021 |
| Samuels H. Benjamin | Director | 3 | −84.8% (1) | 0% | 5 | −103.7% (5) | January 28, 2021 |
| Lukens Joseph Theodore Jr | 10% owner | 4 | −61.0% (1) | 0% | 1 | −61.0% (1) | July 10, 2020 |
| Budde Gerald B. | Director | 2 | — | — | 2 | −97.4% (2) | January 28, 2021 |
| Demott Harry | Director | 0 | — | — | 4 | −97.1% (3) | November 22, 2022 |
| Fleming Stephen M. | Vice President/General Counsel | 0 | — | — | 4 | −92.4% (4) | December 16, 2020 |
| Furey Anthony Daly | Vice President-Finance | 0 | — | — | 4 | −92.3% (4) | December 16, 2020 |
| Ackerson Gregory T. | Controller | 0 | — | — | 3 | −108.4% (3) | January 28, 2021 |
| Baksa Stephen D | 10% owner | 3 | −65.7% (1) | 0% | 0 | — | February 24, 2016 |
| Dauch Richard F | Chief Executive Officer | 2 | — | — | 1 | — | December 15, 2025 |
| Mader Pamela S. | Director | 1 | −64.3% (1) | 0% | 2 | −107.9% (1) | December 15, 2025 |
| Burns Stephen S. | CEO | 2 | — | — | 0 | — | April 30, 2018 |
| Dedo Jacqueline A | Director | 1 | — | — | 1 | — | December 15, 2025 |
| March Stanley Raymond | VP, Business Development | 2 | — | — | 0 | — | December 15, 2022 |
| Willison Robert Harry | Chief Operating Officer | 0 | — | — | 2 | −89.1% (2) | January 28, 2021 |
| Botti Jean | Director | 0 | — | — | 1 | — | December 15, 2025 |
| Clark Michael L. | Director | 0 | — | — | 1 | — | December 14, 2022 |
| Henricks Alan S. | Director | 0 | — | — | 1 | — | December 15, 2025 |
| Marathon Asset Management LP | 10% owner | 0 | — | — | 1 | — | May 8, 2020 |
| Miller Austin Scott | Director | 0 | — | — | 1 | — | December 15, 2025 |
| Quigley William G III | Director | 0 | — | — | 1 | — | December 17, 2025 |
| Schrader Steve | Chief Financial Officer | 0 | — | — | 1 | −100.7% (1) | December 16, 2020 |
When several insiders traded Workhorse Group Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Workhorse Group Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged −22.4% against the index. After 2 selling crowds, +39.2%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| December 31, 2025 | 8 selling | −44.4% | −55.7% | not yet |
| March 31, 2022 | 3 buying | −32.8% | −22.4% | −67.1% |
| July 31, 2020 | 7 selling | +9.8% | +134.2% | −63.8% |