Worksport (WKSP) executive compensation, 2025 proxy

Steven Rossi, Chief Executive Officer, President, was paid $388,546 in 2024.

Filed
October 31, 2025
Annual meeting
December 11, 2025
Pay year
2024
Named executives
3
CEO total pay
$388,5462024
CEO salary
$348,2462024 fiscal year
CEO option awards
$40,300Incremental fair values
CEO bonus
$150,000Accrued in 2024
CEO 2023 total
$6,186,420Prior fiscal year
2022 Plan authorization
525,185As of January 1, 2025

How Rossi was paid

$388,546 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary90%Option awards10%

Named executive officers

ExecutiveTotal
Steven RossiChief Executive Officer, President$388,546
Michael JohnstonChief Financial Officer$70,000
Lorenzo RossiPresident of Terravis Energy$272,440

What changed and why

  • $389K2024 CEO total compensation was $388,546, compared with $6,186,420 in 2023.
  • $348KSteven Rossi's 2024 salary was $348,246, including consulting fees and other compensation described in footnote (1).
  • $150KSteven Rossi earned a $150,000 bonus in 2024, accrued and paid during 2025.
  • $40,300,2024 CEO stock option compensation was $40,300, reflecting incremental fair values from modified options.
  • CEO employment agreement ended July 23, 2024 and was replaced by an indefinite consulting agreement.
  • $70,000Michael Johnston's 2024 compensation was $70,000 for accrued UHY Forbes Anderson billing.

Other Worksport proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.