Ned L. Siegel - 12 Jul 2025 Form 4 Insider Report for Worksport Ltd (WKSP)

Role: Director
Signature: /s/ Ned L. Siegel
Issuer symbol: WKSP
Transactions as of: 12 Jul 2025
Net transactions value: $0
Form type: 4
Filing time: 15 Jul 2025, 20:30:35 UTC
Previous filing: 04 Apr 2025
Next filing: 18 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SIEGEL NED L	Director	2500 N AMERICA DR., WEST SENECA	/s/ Ned L. Siegel	15 Jul 2025	0001288179

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WKSP	Option (Right to buy)	Award	$0	+10,000	+37%	$0.000000	36,750	12 Jul 2025	Common Stock	10,000	$3.80	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.

Content

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.