STOCK TITAN

WillScot (WSC) director Soultz sells stock and shifts 150K+ shares via gifts

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

WillScot Holdings Corp director Bradley L. Soultz reported open‑market sales and internal transfers of common stock. On May 12–13, 2026, entities associated with him sold a total of 155,781 shares in open‑market transactions at weighted average prices around $27 per share.

The filing also shows two internal transfers of 37,054 shares each and two gifts of 39,791 shares each, all at $0.00 per share. Footnotes state these gifts and transfers only changed the form of beneficial ownership, without changing Soultz’s economic interest, and are exempt under Rule 16a‑13.

Positive

  • None.

Negative

  • None.

Insights

Soultz records notable open‑market sales plus internal ownership shifts.

Bradley L. Soultz, a director of WillScot Holdings Corp, reported open‑market sales totaling 155,781 common shares at weighted average prices near $27 per share. These are discretionary sales, which typically carry more informational value than mechanical transactions like tax withholdings.

The filing also details 79,582 shares moved via bona fide gifts and 74,108 shares reclassified between the director and his spouse, all at $0.00. Footnotes state these internal moves do not change his pecuniary interest and are exempt under Rule 16a‑13, suggesting they are largely organizational rather than economic changes.

After the reported trades, individual line items show continued substantial positions, including 285,342 directly held shares and 414,059 shares held through an irrevocable trust. The overall picture is a mix of liquidity‑driven selling and estate or ownership structuring, with the lasting equity stake remaining significant in absolute terms.

Insider Soultz Bradley Lee
Role null
Sold 155,781 shs ($4.21M)
Type Security Shares Price Value
Sale Common Stock 4,317 $25.9161 $112K
Gift Common Stock 39,791 $0.00 --
Gift Common Stock 39,791 $0.00 --
Other Common Stock 37,054 $0.00 --
Other Common Stock 37,054 $0.00 --
Sale Common Stock 65,043 $27.0707 $1.76M
Sale Common Stock 86,421 $26.9949 $2.33M
Holdings After Transaction: Common Stock — 414,059 shares (Indirect, By Bradley L. Soultz Irrevocable Trust); Common Stock — 285,342 shares (Direct, null)
Footnotes (1)
  1. This transaction is a gift of 39,791 shares by the reporting person to Ellen M. Soultz Irrevocable Trust. This gift reflects only a change in the form of beneficial ownership of the reporting person without changing the reporting person's pecuniary interest in such shares, and the transfer is exempt from reporting under Rule 16a-13 under the Securities and Exchange Act of 1934, as amended. The Reporting Person transferred 37,054 shares of common stock to the Reporting Person's spouse, for no consideration. This transfer reflects only a change in the form of beneficial ownership of the reporting person without changing the reporting person's pecuniary interest in such shares, and the transfer is exempt from reporting under Rule 16a-13 under the Securities and Exchange Act of 1934, as amended. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.06 to $27.16, inclusive. The Reporting Person undertakes to provide to WillScot Holdings Corporation, any security holder of WillScot Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.94 to $27.07, inclusive. The Reporting Person undertakes to provide to WillScot Holdings Corporation, any security holder of WillScot Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.91 to $25.93, inclusive. The Reporting Person undertakes to provide to WillScot Holdings Corporation, any security holder of WillScot Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
Total open-market shares sold 155,781 shares Common Stock sales reported in this Form 4
Sale block at $27.0707 65,043 shares at $27.0707 Weighted average price on May 12, 2026
Sale block at $26.9949 86,421 shares at $26.9949 Weighted average price on May 12, 2026
Sale block at $25.9161 4,317 shares at $25.9161 Weighted average price on May 13, 2026
Direct holdings after one transaction 285,342 shares Common Stock directly held following a gift entry
Trust holdings after one transaction 414,059 shares Common Stock held by Bradley L. Soultz Irrevocable Trust
Gifted shares 79,582 shares Two bona fide gifts of 39,791 shares each
Spousal transfer shares 74,108 shares Two 37,054-share transfers involving spouse and direct holdings
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 16a-13 regulatory
"transfer is exempt from reporting under Rule 16a-13 under the Securities and Exchange Act"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"without changing the reporting person's pecuniary interest in such shares"
irrevocable trust financial
"By Ellen M. Soultz Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Soultz Bradley Lee

(Last)(First)(Middle)
6400 E MCDOWELL RD., 3RD FLOOR

(Street)
SCOTTSDALE ARIZONA 85257

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WillScot Holdings Corp [ WSC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/12/2026G(1)39,791D(1)285,342D
Common Stock05/12/2026G(1)39,791A(1)284,016IBy Ellen M. Soultz Irrevocable Trust
Common Stock05/12/2026J(2)37,054D(2)248,288D
Common Stock05/12/2026J(2)37,054A(2)37,054IBy Spouse
Common Stock05/12/2026S65,043D$27.0707(3)183,245D
Common Stock05/12/2026S86,421D$26.9949(4)197,595IBy Ellen M. Soultz Irrevocable Trust
Common Stock05/13/2026S4,317D$25.9161(5)414,059IBy Bradley L. Soultz Irrevocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction is a gift of 39,791 shares by the reporting person to Ellen M. Soultz Irrevocable Trust. This gift reflects only a change in the form of beneficial ownership of the reporting person without changing the reporting person's pecuniary interest in such shares, and the transfer is exempt from reporting under Rule 16a-13 under the Securities and Exchange Act of 1934, as amended.
2. The Reporting Person transferred 37,054 shares of common stock to the Reporting Person's spouse, for no consideration. This transfer reflects only a change in the form of beneficial ownership of the reporting person without changing the reporting person's pecuniary interest in such shares, and the transfer is exempt from reporting under Rule 16a-13 under the Securities and Exchange Act of 1934, as amended.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.06 to $27.16, inclusive. The Reporting Person undertakes to provide to WillScot Holdings Corporation, any security holder of WillScot Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.94 to $27.07, inclusive. The Reporting Person undertakes to provide to WillScot Holdings Corporation, any security holder of WillScot Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.91 to $25.93, inclusive. The Reporting Person undertakes to provide to WillScot Holdings Corporation, any security holder of WillScot Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
/s/ Peter D. Fetzer as Attorney-in-Fact05/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Bradley L. Soultz report for WillScot (WSC)?

Bradley L. Soultz reported multiple transactions in WillScot common stock, including open‑market sales totaling 155,781 shares and several internal transfers and gifts. The filing combines economic sales with non‑economic ownership restructurings and gifts, each disclosed with separate share counts and terms.

How many WillScot (WSC) shares did Soultz sell in the open market?

Soultz reported open‑market sales of 155,781 WillScot common shares. These sales occurred on May 12–13, 2026, at weighted average prices around $27 per share, reflecting discretionary dispositions rather than automatic tax‑related or option‑exercise transactions in this particular Form 4 filing.

Were all of Bradley L. Soultz’s WillScot (WSC) transactions sales?

No. While 155,781 shares were sold in open‑market transactions, the Form 4 also reports 79,582 shares transferred as bona fide gifts and 74,108 shares moved between Soultz and his spouse. Footnotes explain these non‑sale transactions did not change his pecuniary interest in the shares.

What prices did Soultz receive for his WillScot (WSC) share sales?

The reported prices are weighted averages. One 65,043‑share sale averaged $27.0707, another 86,421‑share sale averaged $26.9949, and a 4,317‑share sale averaged $25.9161. Footnotes note that each block was executed across multiple trades within narrow price ranges.

Did Soultz retain a significant WillScot (WSC) stake after these transactions?

Yes. After the reported activity, one line item shows 285,342 shares held directly, and another shows 414,059 shares in an irrevocable trust. These figures indicate that, despite the sales and internal transfers, Soultz continues to have substantial direct and indirect exposure to WillScot common stock.

How are the WillScot (WSC) gifts and spousal transfers treated in this Form 4?

The filing labels 39,791‑share transfers as bona fide gifts and 37,054‑share moves as other transfers to Soultz’s spouse, all at $0.00. Footnotes state these only change the form of beneficial ownership, not Soultz’s pecuniary interest, and are exempt under Rule 16a‑13.