Workhorse Group Inc. (WKHS): H. Benjamin Samuels , director of Workhorse Group Inc. purchased 143,500 shares on Sep 14, 2016. The Insider buying transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.28 per share for a total value of $757,680.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 24, 2016, Stephen D Baksa (10% owner) purchased 235,462 shares at $273,563.59 per share price.On Sep 30, 2015, Joseph Theodore Jr Lukens (10% owner) purchased 7,548,698 shares at $350,000.00 per share price.
Workhorse Group Inc. formerly AMP Holding Inc. is a development-stage company. The Company designs develops manufactures and sells medium-duty trucks with powertrain components under the Workhorse chassis brand. Its products include trucks comprising Powertrain and Chassis. Powertrain includes E-GEN and AMP E-100. E-GEN is an electric drive that has a gasoline/propane or Compressed Natural Gas (CNG) engine that functions as an auxiliary generator. AMP E-100 is the second generation full electric power-train. Chassis include W88 W22 W42 and W62.The W88 chassis is designed to meet the needs of a range of customers. The W22 chassis is designed to meet the needs of the recreational vehicle market for weight ratings up to 26000 Gross Vehicle Weight (GVW). The W42 chassis is designed for the 12000 to 14500 GVW vehicle market. The W62 chassis is designed for the 19500 to 23500 GVW vehicle market.