Custom Truck CFO exercises awards, gets 95K RSUs
Custom Truck One Source, Inc. Chief Financial Officer Christopher J. Eperjesy reported several equity-compensation transactions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Custom Truck One Source, Inc. Chief Financial Officer Christopher J. Eperjesy reported several equity-compensation transactions. On April 1, 2026, he exercised restricted stock units representing 90,000 shares of common stock, converting previously granted awards into shares.
To cover related tax obligations from RSU vesting, 40,547 common shares were withheld at $6.62 per share, leaving him with 283,926 common shares held directly. He also received a new grant of 95,000 restricted stock units, which vest in four equal annual installments beginning on April 1, 2027, subject to continued service and potential partial acceleration upon achievement of certain corporate milestones.
Insider Trade Summary
90,000 shares exercised/converted
Exercise
6 txns
Insider
Eperjesy Christopher J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 22,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 45,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 22,500 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 95,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 90,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 40,547 | $6.62 | $268K |
Holdings After Transaction:
Restricted Stock Unit — 207,500 contracts (Direct);
Common Stock — 283,926 shares (Direct)
Footnotes (6)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. Shares withheld to satisfy tax obligations arising out of vesting of the Reporting Person's restricted stock units.
- F3. The restricted stock units vest in four equal annual installments beginning on April 1, 2023.
- F4. The restricted stock units vest in four equal annual installments beginning on April 1, 2024.
- F5. The restricted stock units vest in four equal annual installments beginning on April 1, 2026.
- F6. The restricted stock units vest in four equal annual installments beginning on April 1, 2027, subject to continued service on the applicable vesting date and potential partial acceleration upon the achievement of certain corporate milestones.
Key Figures
RSU exercises: 90,000 shares
Tax-withheld shares: 40,547 shares at $6.62
Post-transaction holdings: 283,926 shares
+3 more
6 metrics
RSU exercises
90,000 shares
Restricted stock units converted into common stock on April 1, 2026
Tax-withheld shares
40,547 shares at $6.62
Shares withheld to satisfy tax obligations from RSU vesting
Post-transaction holdings
283,926 shares
Common stock directly owned by CFO after reported transactions
New RSU grant
95,000 units
Restricted stock units granted with four-year vesting from April 1, 2027
Exercise events
3 transactions, 90,000 shares
Derivative exercises summarized in transactionSummary for RSU conversions
Tax-withholding count
1 transaction, 40,547 shares
Single F-code disposition for payment of tax liability
Key Terms
Restricted Stock Unit, tax obligations, vest in four equal annual installments, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax obligations financial
"Shares withheld to satisfy tax obligations arising out of vesting"
vest in four equal annual installments financial
"The restricted stock units vest in four equal annual installments"
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CTOS CFO Christopher Eperjesy report in this Form 4 filing?
He reported routine equity-compensation activity, including exercising restricted stock units into 90,000 common shares and receiving a new 95,000-unit RSU grant. Shares were also withheld to pay taxes arising from the vesting of these awards, all held in direct ownership.
How many restricted stock units did the CTOS CFO exercise and at what price?
He exercised restricted stock units covering 90,000 underlying shares of Custom Truck One Source common stock. The reported exercise price per share was $0.00, reflecting the nature of RSU conversions, where units settle into shares without a cash exercise price paid by the holder.
What are the vesting terms of the new 95,000 CTOS restricted stock units?
The 95,000 restricted stock units granted to the CFO vest in four equal annual installments beginning on April 1, 2027. Vesting requires continued service on each vesting date and may partially accelerate if certain corporate milestones are achieved, according to the filing’s footnote language.
Are the CTOS Form 4 transactions open-market buys or routine compensation events?
The transactions are routine compensation events, not open-market buys or sales. They include RSU exercises converting awards into 90,000 shares and a tax-withholding disposition of 40,547 shares, plus a 95,000-unit RSU grant, all consistent with standard equity compensation practices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates