Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — Worksport Ltd

Accession: 0001493152-26-020912

Filed: 2026-05-01

Period: 2026-04-30

CIK: 0001096275

SIC: 3714 (MOTOR VEHICLE PARTS & ACCESSORIES)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-10.1 (ex10-1.htm)

GRAPHIC (ex10-1_001.jpg)

GRAPHIC (ex10-1_002.jpg)

GRAPHIC (ex10-1_003.jpg)

GRAPHIC (ex10-1_004.jpg)

GRAPHIC (ex10-1_005.jpg)

GRAPHIC (ex10-1_006.jpg)

GRAPHIC (ex10-1_007.jpg)

GRAPHIC (ex10-1_008.jpg)

GRAPHIC (ex10-1_009.jpg)

GRAPHIC (ex10-1_010.jpg)

GRAPHIC (ex10-1_011.jpg)

GRAPHIC (ex10-1_012.jpg)

GRAPHIC (ex10-1_013.jpg)

GRAPHIC (ex10-1_014.jpg)

GRAPHIC (ex10-1_015.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: form8-k.htm · Sequence: 1

false

0001096275

0001096275

2026-04-30

2026-04-30

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): April 30, 2026

WORKSPORT

LTD.

(Exact

name of registrant as specified in its charter)

Nevada

001-40681

35-2696895

(State

or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS

Employer

Identification No.)

2500

N America Dr

West

Seneca, New York 14224

(Address of principal executive offices) (ZIP Code)

(888)

554-8789

Registrant’s

telephone number, including area code

Not

Applicable

(Former name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbols

Name

of each exchange on which registered

Common

Stock, par value $0.001

WKSP

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging

growth company ☐

If

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.

(a)

Resignation of Chief Financial Officer.

On

April 30, 2026, Michael Johnston informed Worksport Ltd., a Nevada corporation (the “Company”), of his resignation as the

Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer. The Company’s Board of Directors

(the “Board”) accepted Mr. Johnston’s resignation on April 30, 2026. Mr. Johnston’s resignation will be effective

5:00 p.m. (Eastern Time) on April 30, 2026.

Mr.

Johnston’s resignation was not the result of any disagreement with the Company regarding its operations, policies or practices,

including any matter relating to the Company’s financial reporting or accounting practices. The Company expects to complete the

transition to an in-house finance function in connection with the appointment described below.

(b)

Appointment of New Chief Financial Officer.

On

April 30, 2026, the Board appointed Jennifer Kartychak as the Company’s Chief Financial Officer, effective May 1, 2026. Ms. Kartychak

will serve as the Company’s Principal Financial Officer and Principal Accounting Officer. Ms. Kartychak, age 44, currently serves

as the Company’s Vice President of Finance, a position held since January 1, 2026. From August 2023 to her appointment as the Company’s

Vice President of Finance, Ms. Kartychak provided consulting services to the Company through Arend Advisory Group LLC, an entity wholly

owned by Ms. Kartychak. Ms. Kartychak’s professional background includes over ten (10) years of experience in public accounting,

of which approximately five (5) years were with Ernst & Young LLP (“EY”), where she advanced to the position of Manager

in the firm’s Assurance Services practice. While at EY, Ms. Kartychak enhanced her strong foundation in manufacturing and public

company reporting requirements. Ms. Kartychak departed EY in 2010 to serve as Corporate Accounting Manager at Moog Inc. (NYSE: MOG.A).

Ms. Kartychak held this position from May 2010 to June 2016 and assumed increasing levels of responsibility during her tenure. Ms. Kartychak’s

responsibilities provided her extensive experience with SEC reporting requirements, management of technical accounting areas, management

of acquisitions and divestitures, oversight of governance practices, significant involvement with executive management, and management

of internal reporting practices. Ms. Kartychak holds a Bachelor of Science in Accounting and a Bachelor of Science in Accounting Information

Systems from Canisius University. Ms. Kartychak is a Certified Public Accountant licensed in the State of New York and is a member of

the American Institute of Certified Public Accountants.

(c)

Compensatory Arrangements of Certain Officers.

In

connection with Ms. Kartychak’s appointment as Vice President of Finance, on January 1, 2026, Worksport USA Operations Corporation,

the Company’s wholly owned operating subsidiary, and Ms. Kartychak entered into an Executive Employment Agreement (the “Employment

Agreement”). The Employment Agreement provides for, among other things: (i) an annual base salary of $220,000; (ii) eligibility

for an annual cash bonus with a target payout of $75,000, structured in tranches and payable upon achievement of specific corporate milestones

and individual key performance indicators (KPIs) set forth in the Employment Agreement; and (iii) an award of a non-qualified stock option

under the Worksport Ltd. 2022 Equity Incentive Plan exercisable to purchase up to 100,000 shares of the Company’s common stock,

at an exercise price equal to the fair market value of the Company’s common stock on the date of grant. The option is subject to

continued employment and vests pursuant to time- and performance-based objectives set forth in the Employment Agreement. In addition,

the Board has approved a grant of shares of the Company’s common stock to Arend Advisory Group LLC, an entity wholly owned by Ms.

Kartychak (the “Stock Grant”), and the Company has authorized the issuance of 13,000 shares of the Company’s common

stock to Arend Advisory Group LLC, an entity wholly owned by Ms. Kartychak, pursuant to the Stock Grant, as approved by the Board in

connection with the CFO transition resolutions. The foregoing description of the Employment Agreement is qualified in its entirety by

reference to the Employment Agreement, which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated

herein by reference.

There

are no arrangements or understandings between Ms. Kartychak and any other person pursuant to which she was appointed as Chief Financial

Officer. There are no family relationships between Ms. Kartychak and any director or executive officer of the Company. Prior to Ms. Kartychak’s

appointment as Chief Financial Officer, the Company engaged Arend Advisory Group LLC, an entity wholly owned by Ms. Kartychak, beginning

in August 2023 to provide consulting services to the Company. The Company paid Arend Advisory Group LLC approximately $8,000, $134,000

and $158,000 during the fiscal years ended December 31, 2023, 2024 and 2025, respectively. The Company paid Arend Advisory Group LLC

approximately $17,000 from January 1, 2026 through April 29, 2026 related to services rendered prior to her employment agreement. The

Company issued Arend Advisory Group LLC 19,768 shares of common stock for services rendered between August 2003 and December 2025. Other

than the foregoing, the Company has determined that there are no transactions involving Ms. Kartychak that would require disclosure under

Item 404(a) of Regulation S-K.

Item

9.01 Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit

No.

Description

10.1

Executive Employment Agreement, dated January 1, 2026, by and between Worksport USA Operations Corporation and Jennifer Kartychak.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

WORKSPORT

LTD.

Date:

May 1, 2026

By:

/s/

Steven Rossi

Name:

Steven

Rossi

Title:

President

and Chief Executive Officer

(Principal Executive Officer)

EX-10.1

EX-10.1

Filename: ex10-1.htm · Sequence: 2

Exhibit 10.1

GRAPHIC

GRAPHIC

Filename: ex10-1_001.jpg · Sequence: 3

Binary file (424628 bytes)

Download ex10-1_001.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_002.jpg · Sequence: 4

Binary file (408475 bytes)

Download ex10-1_002.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_003.jpg · Sequence: 5

Binary file (405232 bytes)

Download ex10-1_003.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_004.jpg · Sequence: 6

Binary file (395752 bytes)

Download ex10-1_004.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_005.jpg · Sequence: 7

Binary file (461145 bytes)

Download ex10-1_005.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_006.jpg · Sequence: 8

Binary file (466549 bytes)

Download ex10-1_006.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_007.jpg · Sequence: 9

Binary file (463167 bytes)

Download ex10-1_007.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_008.jpg · Sequence: 10

Binary file (464431 bytes)

Download ex10-1_008.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_009.jpg · Sequence: 11

Binary file (472152 bytes)

Download ex10-1_009.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_010.jpg · Sequence: 12

Binary file (432718 bytes)

Download ex10-1_010.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_011.jpg · Sequence: 13

Binary file (375221 bytes)

Download ex10-1_011.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_012.jpg · Sequence: 14

Binary file (315304 bytes)

Download ex10-1_012.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_013.jpg · Sequence: 15

Binary file (78270 bytes)

Download ex10-1_013.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_014.jpg · Sequence: 16

Binary file (178712 bytes)

Download ex10-1_014.jpg

GRAPHIC

GRAPHIC

Filename: ex10-1_015.jpg · Sequence: 17

Binary file (99852 bytes)

Download ex10-1_015.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 22

v3.26.1

Cover

Apr. 30, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Apr. 30, 2026

Entity File Number

001-40681

Entity Registrant Name

WORKSPORT

LTD.

Entity Central Index Key

0001096275

Entity Tax Identification Number

35-2696895

Entity Incorporation, State or Country Code

NV

Entity Address, Address Line One

2500

N America Dr

Entity Address, City or Town

West

Seneca

Entity Address, State or Province

NY

Entity Address, Postal Zip Code

14224

City Area Code

(888)

Local Phone Number

554-8789

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common

Stock, par value $0.001

Trading Symbol

WKSP

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration