WKSP · Worksport Ltd

Represents shares of common stock issued upon the grant and immediate vesting and settlement of restricted stock units awarded pursuant to the Worksport Ltd. 2022 Equity Incentive Plan.

Shares held by Arend Advisory Group LLC, an entity over which the Reporting Person has voting and dispositive control.

The shares reported herein were issued in satisfaction of previously accrued and unpaid bonus compensation and were valued at $0.6280 per share, the closing price of the issuer's common stock on June 5, 2026, for an aggregate value of $50,000.10.

This Form 4 is being filed late due to an administrative oversight regarding the common stock award granted to the reporting person on April 20, 2026.

Shares held by Arend Advisory Group LLC, an entity of which the Reporting person has voting and dispositive control.

The shares reported herein were issued in satisfaction of previously accrued and unpaid bonus compensation and were valued at $0.8502 per share, the closing price of the issuer's common stock on April 10, 2026, for an aggregate value of $75,000.

Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 8,334 options beginning on the first anniversary of the grant date and expire in accordance with the terms of the 2022 Equity Incentive Plan and the applicable award agreement.

Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 8,334 options beginning on the first anniversary of the grant date and expire in accordance with the terms of the 2022 Equity Incentive Plan and the applicable award agreement.

Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 8,334 options beginning on the first anniversary of the grant date and expire in accordance with the terms of the 2022 Equity Incentive Plan and the applicable award agreement.

Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 80,000 options beginning on the first anniversary of the grant date and expire in accordance with the terms of the 2022 Equity Incentive Plan and the applicable award agreement.

Granted pursuant to the Issuer's 2022 Equity Incentive Plan, the options vest in three (3) equal annual installments of 5,000 options beginning on the first anniversary of the grant date and expire in accordance with the terms of the 2022 Equity Incentive Plan and the applicable award agreement.

Effective July 12, 2025, the Board of Directors ("Board") of Worksport Ltd. (the "Company"), at the recommendation of the Compensation Committee of the Board, approved a non-plan stock option grant to Mr. Rossi in the amount of 10,000 stock options to purchase shares of the Company's common stock. The 10,000 stock options are subject to vesting in two (2) equal annual installments with the first installment vesting on July 12, 2026.

The beneficial ownership set forth in Column 5 includes the 10,000 stock options contained in the grant described above and includes 30,000 non-qualified stock option grants and 10,000 stock options previously issued to Mr. Rossi, even though they are not all expected to settle or vest within 60 days of this Form 4.

Effective July 12, 2025, the Board of Directors ("Board") of Worksport Ltd. (the "Company"), at the recommendation of the Compensation Committee of the Board, approved a non-plan stock option grant to Mr. Loverock in the amount of 10,000 options to purchase shares of the Company's common stock. The 10,000 stock options are subject to vesting in two (2) equal annual installments with the first installment vesting on July 12, 2026.

The beneficial ownership set forth in Column 8 includes the 10,000 stock options underlying the grant described above and includes 26,750 shares of common stock underlying the stock option grants previously issued to Mr. Loverock, even though they are not all expected to settle or vest within 60 days of this Form 4.

Effective July 12, 2025, the Board of Directors ("Board") of Worksport Ltd. (the "Company"), at the recommendation of the Compensation Committee of the Board, approved a non-plan stock option grant to Mr. Siegel in the amount of 10,000 stock options to purchase shares of the Company's common stock. The 10,000 stock options are subject to vesting in two (2) equal annual installments with the first installment vesting on July 12, 2026.

The beneficial ownership set forth in Column 8 includes the 10,000 stock options underlying the grant described above and includes 26,750 stock option grants previously issued to Mr. Seigel, even though they are not all expected to settle or vest within 60 days of this Form 4.

Effective July 12, 2025, the Board of Directors ("Board") of Worksport Ltd. (the "Company"), at the recommendation of the Compensation Committee of the Board, approved a non-plan stock option grant to Mr. Caragol in the amount of 50,000 stock options to purchase shares of the Company's common stock. The vesting of the 50,000 options are contingent on the Company completing any merger, acquisition, or strategic crypto focuses transaction.

The beneficial ownership set forth in Column 8 includes the 50,000 stock options underlying the grant described above and includes 26,750 stock option grants previously issued to Mr. Caragol, even though they are not all expected to settle or vest within 60 days of this Form 4.

Effective July 12, 2025, the Board of Directors ("Board") of Worksport Ltd. (the "Company"), at the recommendation of the Compensation Committee of the Board, approved a non-plan stock option grant to Mr. Rossi in the amount of 215,000 stock options to purchase shares of the Company's common stock. The 215,000 shares are subject to vesting in two (2) equal annual installments with the first installment vesting on July 12, 2026.

The beneficial ownership set forth in Column 8 includes the 215,000 stock options underlying the grant described above and includes 395,000 stock option grants previously issued to Mr. Rossi, even though they are not all expected to settle or vest within 60 days of this Form 4.

The reported transaction reflects stock options granted by the Compensation Committee on April 4, 2025.

The reported transaction reflects stock options granted by the Compensation Committee on April 4, 2025.

The reported transaction reflects stock options granted by the Compensation Committee on April 4, 2025.

The reported transaction reflects stock options granted by the Compensation Committee on April 4, 2025.

On March 7, 2025, Worksport Ltd. (the "Issuer") granted 100,000 non-qualified stock options to Mr. Rossi vesting in 12.5% increments (12,500 shares) of the total grant every three months, starting on June 5, 2025, and continuing quarterly through March 5, 2027.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $2.51. The NQSOs vest 1/3 on December 29, 2022, 1/3 December 29, 2023 and 1/3 December 29, 2024. These NQSOs expire on December 29, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

50% of option vests on the first anniversary of the date of grant and 50% of option vests on the second anniversary of the date of grant.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $5.50. The NQSOs vest entirely on January 1st of 2022. These NQSOs expire on August 6th, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in six equal installments, commencing on the date of grant and each anniversary of the date of grant.

Option expires on 01/30/33 subject to the terms of the 2022 Plan.

50% of option vests on the first anniversary of the date of grant and 50% of option vests on the second anniversary of the date of grant.

Granted pursuant to the consulting agreement dated July 23, 2024 entered into between the Company, the Reporting Person, and 2230164 Ontario Inc., an Ontario corporation owned by the Reporting Person. The option shall vest in equal quarterly installments over a period of five (5) years.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $5.50. The NQSOs vest entirely on January 1st of 2022. These NQSOs expire on August 6th, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

50% of option vests on the first anniversary of the date of grant and 50% of option vests on the second anniversary of the date of grant.

Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in eight quarterly installments, commencing on the date of grant

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $5.50. The NQSOs vest entirely on January 1st of 2022. These NQSOs expire on August 6th, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in six equal installments, commencing on the date of grant and each anniversary of the date of grant.

Option expires on 01/30/33 subject to the terms of the 2022 Plan.

Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in six equal installments, commencing on the date of grant and each anniversary of the date of grant.

Option expires on 01/30/33 subject to the terms of the 2022 Plan.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

50% of option vests on the first anniversary of the date of grant and 50% of option vests on the second anniversary of the date of grant.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $5.50. The NQSOs vest entirely on January 1st of 2022. These NQSOs expire on August 6th, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $5.50. The NQSOs vest entirely on January 1st of 2022. These NQSOs expire on August 6th, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in eight quarterly installments, commencing on the date of grant

On May 1, 2023, WKSP granted Steven Rossi 2,000,000 NSOs. The NSOs vest in 10% (200,000 shares) increments upon the achievement of milestones. Vesting is based upon the achievement of certain values regarding either WKSP's market capitalization or the share price of WKSP using the volume weighted average price of the common stock of WKSP for ten (10) consecutive trading days.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $2.51. The NQSOs vest 1/3 on December 29, 2022, 1/3 December 29, 2023 and 1/3 December 29, 2024. These NQSOs expire on December 29, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $2.51. The NQSOs vest 1/3 on December 29, 2022, 1/3 December 29, 2023 and 1/3 December 29, 2024. These NQSOs expire on December 29, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

50% of option vests on the first anniversary of the date of grant and 50% of option vests on the second anniversary of the date of grant.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

On October 31, 2023, the Compensation Committee of the Company and the Board approved the grant of incentive stock options ("CEO Award") to Mr. Rossi. The Option will become exercisable ("vest") per the Company's achievement of specified revenue metrics.

50% of option vests on the first anniversary of the date of grant and 50% of option vests on the second anniversary of the date of grant.

Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in eight quarterly installments, commencing on the date of grant

On October 31, 2023, the Compensation Committee of the Company and the Board approved the grant of incentive stock options ("CEO Award") to Mr. Rossi. The Option will become exercisable ("vest") per the Company's achievement of specified revenue metrics.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

On May 1, 2023, WKSP granted Steven Rossi 2,000,000 NSOs. The NSOs vest in 10% (200,000 shares) increments upon the achievement of milestones. Vesting is based upon the achievement of certain values regarding either WKSP's market capitalization or the share price of WKSP using the volume weighted average price of the common stock of WKSP for ten (10) consecutive trading days.

50% of option vests on the first anniversary of the date of grant and 50% of option vests on the second anniversary of the date of grant.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $2.51. The NQSOs vest 1/3 on December 29, 2022, 1/3 December 29, 2023 and 1/3 December 29, 2024. These NQSOs expire on December 29, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in six equal installments, commencing on the date of grant and each anniversary of the date of grant.

Option expires on 01/30/33 subject to the terms of the 2022 Plan.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $5.50. The NQSOs vest entirely on January 1st of 2022. These NQSOs expire on August 6th, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.

The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $2.51. The NQSOs vest 1/3 on December 29, 2022, 1/3 December 29, 2023 and 1/3 December 29, 2024. These NQSOs expire on December 29, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.

On July 23, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.7042 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.