As of November 6, 2026, 2 holders' latest Schedule 13D or 13G filings report owning 5% or more of Workhorse Group Inc. The largest reported stake is Motive GM Holdings II LLC's, at 65.4%. 3 filings are on record since December 16, 2025 (Schedule 13D/A, August 25, 2026).
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Key facts
- · Holder: Motive GM Holdings II LLC · Percent: 65.4% · Shares: 8,129,800 · SCHEDULE 13D/A
- · Holder: ATW Partners Opportunities Management, LLC · Percent: 5% · SCHEDULE 13G/A
- · Holder: Motive GM Holdings II, LLC · Percent: 62.8% · SCHEDULE 13D
Workhorse Group Inc. has 3 Schedule 13D or 13G filings on record since 2025-12-16. 2 holders' latest filing reports 5% or more of common stock, $0.001 par value. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Motive GM Holdings II LLC | 65.4% | 8,129,800 | SCHEDULE 13D/A, 2026-08-25 | 2026-08-25 |
| ATW Partners Opportunities Management, LLC | 5% | 545,863 | SCHEDULE 13G/A, 2026-05-15 | 2026-03-31 |
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More on Workhorse Group Inc. and the records around it.
Workhorse Group Inc. elsewhere on the record
Companies that share a holder
- Horsepower Opportunities LLC also filed stake reports on 17 other companies: La Rosa Holdings Corp. (Oct 2026), Kandal M Venture Limited (Aug 2026), Fold Holdings, Inc. (May 2026)
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What the Full Report on Workhorse Group Inc. covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Motive GM Holdings II LLC | 8,129,800 | 0 | 8,129,800 | 0 | SCHEDULE 13D/A, 2026-08-25 |
| Magness Gary D | 0 | 8,129,800 | 0 | 8,129,800 | SCHEDULE 13D/A, 2026-08-25 |
| GMIT Lending Company, LLC | 0 | 8,129,800 | 0 | 8,129,800 | SCHEDULE 13D/A, 2026-08-25 |
The latest filing identifies Workhorse Group Inc. by CUSIP 98138J503 and gives its principal executive office as 48443 ALPHA DRIVE #190, WIXOM, MI 48393 (SCHEDULE 13D/A, 2026-08-25).
Source of funds (Item 3)
The response to Item 3 in the Original Schedule 13D is hereby amended to add the following after the last paragraph: The Reporting Persons acquired the Warrants reported herein as consideration pursuant to the Credit Agreement Amendments (as defined below).Motive GM Holdings II LLC, SCHEDULE 13D/A, 2026-08-25
Purpose of Transaction (Item 4)
Motive GM Holdings II LLC
Item 4 of the Original Schedule 13D is hereby amended to add the following after the last paragraph: On August 25, 2026, pursuant to Section 2.2 of each of Omnibus Amendment No.2 and the Cash Flow Amendment (each as defined below), the Issuer issued to MGMH II the Warrants, consisting of (i) a warrant to purchase 750,000 shares of Common Stock issued in connection with the additional borrowing of $10,000,000 made pursuant to that certain Omnibus Amendment No. 2, dated as of June 16, 2026, by and among the Issuer, as borrower, MGMH II, as lender, and the other parties thereto ("Omnibus Amendment No. 2"), and (ii) a warrant to purchase 750,000 shares of Common Stock issued in connection with the additional borrowing of $10,000,000 made pursuant to that certain Amendment No. 3 to Credit Agreement (Cash Flow), dated as of August 11, 2026, by and among the Issuer, as borrower, MGMH II, as lender, and the other parties thereto (the "Cash Flow Amendment", and together with Omnibus Amendment No. 2, the "Credit Agreement Amendments"). Each Warrant has an initial exercise price per share of $10.00, subject to certain customary adjustments for stock dividends, stock splits and similar actions. The Warrants are exercisable immediately and expire five years from the date of issuance.Item 4 of the SCHEDULE 13D/A filed 2026-08-25
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-12-16 | Motive GM Holdings II, LLC | 62.8% | SCHEDULE 13D |
| 2026-05-15 | ATW Partners Opportunities Management, LLC | 5% | SCHEDULE 13G/A |
| 2026-08-25 | Motive GM Holdings II LLC | 65.4% | SCHEDULE 13D/A |
Questions about who owns Workhorse Group Inc.
Who owns Workhorse Group Inc.?
On this page, 2 holders' latest ownership filings report 5% or more of Workhorse Group Inc.: Motive GM Holdings II LLC (65.4%, Schedule 13D/A, filed 2026-08-25) and ATW Partners Opportunities Management, LLC (5%, Schedule 13G/A, filed 2026-05-15).
Who are the largest shareholders of Workhorse Group Inc.?
By the share each holder's latest filing reports, the largest holders of Workhorse Group Inc. on this page are Motive GM Holdings II LLC (65.4%) and ATW Partners Opportunities Management, LLC (5%).
When did Motive GM Holdings II LLC buy into Workhorse Group Inc.?
The filings give report dates, not purchase dates. The earliest filing from Motive GM Holdings II LLC on this page is the Schedule 13D/A, filed 2026-08-25, reporting 65.4%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 3 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for Workhorse Group Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| September 28, 2026 | Leadership change filing (Form 8-K, Item 5.02) | — | Leadership changes | Source |
| July 13, 2026 | Leadership change filing (Form 8-K, Item 5.02) | — | Leadership changes | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.