Worksport CEO Invests Further in Company with $50,000 Stock Acquisition

Worksport Ltd. (NASDAQ: WKSP) announced that CEO and Founder Steven Rossi has opted to receive 79,618 shares of the company's common stock instead of $50,000 in cash compensation. This decision underscores Rossi's confidence in the company's long-term value and its current market valuation, which he believes is undervalued.

This is the second instance this year where Rossi chose shares over cash, reflecting his belief in Worksport's growth strategy. The company has significantly increased its annual revenue from $1.5 million in 2023 to $16.1 million in 2025 and is focused on achieving operational cash-flow positivity.

Worksport continues to expand its product lines, including the launch of the Nexus Tonneau Cover, supporting long-term growth objectives. Rossi remains optimistic about the company's strategic execution and its ability to create long-term shareholder value.