WSC Rule 144 Filing: 22,000 Common Shares Planned Sale on NASDAQ
Rhea-AI Filing Summary
WillScot Holdings (WSC) filing a Rule 144 notice to sell 22,000 common shares. The sale is to be effected through Morgan Stanley Smith Barney LLC on NASDAQ on 08/19/2025 with an aggregate market value of $541,875.40 based on 22,000 shares. The filer reports 182,075,083 shares outstanding. The 22,000 shares consist of performance shares and restricted stock acquired from the issuer: 20,688 shares (performance) on 03/03/2024, 1,039 shares (restricted) on 02/24/2024, and 273 shares (restricted) on 03/05/2023. The filer reports no sales of the issuer's securities in the past three months and affirms no undisclosed material adverse information.
Positive
- Transparency: The filing discloses the broker, number of shares, aggregate value, acquisition dates, and award types, meeting Rule 144 requirements
- Immaterial size: 22,000 shares represent about 0.012% of 182,075,083 shares outstanding, suggesting limited market impact
Negative
- None.
Insights
TL;DR: Routine insider notice for planned sale of 22,000 shares, representing a small fraction of outstanding stock.
The Form 144 is a standard disclosure under Rule 144 indicating the filer intends to sell 22,000 common shares through Morgan Stanley on NASDAQ. The shares were issued as performance awards and restricted stock over 2023-2024. Relative to 182,075,083 shares outstanding, the proposed sale is immaterial in size (approximately 0.012% of outstanding shares) and thus unlikely to move the market by itself. The filing includes the required representation that no material nonpublic information is known to the seller.
TL;DR: Compliance-focused filing that documents insider liquidity but raises no governance red flags on its face.
The notice documents disposition intent for shares granted as compensation (performance and restricted awards), which is common for officers or other insiders monetizing vested awards. There are no reported recent sales and no additional remarks indicating accelerated disposals or plans tied to undisclosed events. From a governance perspective, the filing satisfies transparency requirements under Rule 144.