WillScot (WSC) CHRO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WillScot Holdings Corp’s Chief Human Resources Officer, Felicia Gorcyca, reported equity compensation activity involving restricted stock units and common shares. She acquired 1,156 shares of common stock through the exercise and conversion of 1,156 restricted stock units at a price of $0.0000 per share.
To cover tax obligations, 366 common shares were disposed of at $22.81 per share through a tax-withholding transaction, not an open-market sale. Following these transactions, she directly holds 1,579 shares of common stock and 8,690 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,156 shares exercised/converted
Mixed
3 txns
Insider
Gorcyca Felicia
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,156 | $0.00 | -- |
| Exercise | Common Stock | 1,156 | $0.00 | -- |
| Tax Withholding | Common Stock | 366 | $22.81 | $8K |
Holdings After Transaction:
Restricted Stock Units — 8,690 shares (Direct);
Common Stock — 1,945 shares (Direct)
Footnotes (1)
- Each time-based restricted stock unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share, or its cash equivalent. On February 22, 2024, the Reporting Person was granted 4,622 RSUs which vest annually in four equal installments on each of the first four anniversaries of the grant date subject to the terms and conditions of the Plan and the Restricted Stock Unit Award Agreement entered into between the Issuer and the Reporting Person.
FAQ
What insider transactions did WillScot (WSC) report for Felicia Gorcyca?
Felicia Gorcyca reported equity compensation transactions involving restricted stock units and common stock. She converted 1,156 RSUs into 1,156 common shares, then had 366 shares withheld to satisfy tax obligations, reflecting routine compensation-related activity rather than open-market trading.
What is the nature of the restricted stock units in the WillScot (WSC) filing?
Each restricted stock unit (RSU) represents a contingent right to receive one share of WillScot common stock or its cash equivalent upon vesting. The filing notes a prior grant of 4,622 RSUs that vest in four equal annual installments, subject to plan terms.
What are Felicia Gorcyca’s WillScot (WSC) holdings after the reported Form 4 transactions?
After the reported transactions, Felicia Gorcyca directly owns 1,579 shares of WillScot common stock and 8,690 restricted stock units. These positions reflect both previously granted equity awards and the recent RSU conversion and related tax-withholding share disposition.
How were Felicia Gorcyca’s WillScot (WSC) restricted stock units granted and vesting?
On February 22, 2024, Felicia Gorcyca was granted 4,622 RSUs that vest in four equal annual installments on each of the first four anniversaries of the grant date, subject to the company’s equity plan and the specific RSU award agreement.