WillScot CEO exercises RSUs, uses shares for taxes
WillScot Holdings Corp President & CEO Timothy D. Boswell reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
WillScot Holdings Corp President & CEO Timothy D. Boswell reported equity award activity involving restricted stock units and common shares. He exercised 3,800 restricted stock units into common stock at $0.00 per share and, in a related move, 1,591 common shares were withheld at $21.61 per share to satisfy tax obligations.
After these transactions, he directly holds 17,675 shares of common stock, 58,195 restricted stock units, and stock options covering 125,691 shares. In addition, 295,862 common shares are held indirectly by the EAB Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,800 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,800 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,591 | $21.61 | $34K |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 March 1, 2022, the Reporting Person was granted 15,198 RSUs which vest in four equal installments on each of the first four anniversaries of the grant date subject to the terms and conditions of the previously disclosed Plan and the Restricted Stock Unit 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 WillScot (WSC) CEO Timothy D. Boswell report?
Does the WillScot (WSC) CEO have indirect ownership through a trust?
What are the details of the restricted stock units in this WillScot (WSC) Form 4?
What stock option holdings are disclosed for the WillScot (WSC) CEO?
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