WillScot COO reports RSU vesting, tax share withholding
WillScot Holdings Corp President & COO Timothy D. Boswell reported equity award activity.
Rhea-AI Filing Summary
WillScot Holdings Corp President & COO Timothy D. Boswell reported equity award activity. He exercised 2,773 restricted stock units into 2,773 shares of common stock at a stated price of $0.00 per share. To cover related tax obligations, 1,308 common shares were disposed of at $22.81 per share through share withholding rather than an open-market sale.
After these transactions, he directly owned 35,621 shares of common stock and 29,048 restricted stock units. He also held 125,691 stock options, which had vested in equal installments over four years under the company’s incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,773 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,773 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,308 | $22.81 | $30K |
| holding | Stock Options (right to buy) | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. On February 22, 2024, the Reporting Person was granted 11,093 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 WillScot Mobile Mini Holdings Corp. 2020 Incentive Award Plan (the "Plan") and the Restricted Stock Unit Award Agreement entered into between the Issuer and the Reporting Person.
- F3. The stock options (the "Options"), reported on this Form 4, represent the right upon vesting to buy shares of Class A Common Stock pursuant to the terms and conditions of the Plan and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of March 20, 2018 (the "Award Agreement"). The Options vested in equal installments on each of the first four anniversaries of the grant date subject to the terms and conditions of the Plan and Award Agreement.
FAQ
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What insider transactions did WSC President & COO Timothy Boswell report?
What restricted stock unit activity did WillScot (WSC) disclose for Timothy Boswell?
What stock option holdings does Timothy Boswell have at WillScot (WSC)?
Does this WillScot (WSC) Form 4 indicate a change in insider sentiment?
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