WillScot director reports RSU exercises, tax share use
WillScot Holdings Corp director Bradley Lee Soultz reported several equity award-related transactions in the company’s stock.
Rhea-AI Filing Summary
WillScot Holdings Corp director Bradley Lee Soultz reported several equity award-related transactions in the company’s stock. On February 24, 2026, he acquired shares of common stock through the exercise or conversion of restricted stock units and performance units, with no cash exercise price reported. On the same date, shares of common stock were disposed of under code “F” at prices of $22.81 and $23.73 per share to satisfy exercise price or tax withholding obligations. Earlier, on December 11, 2025, 50,000 shares of common stock were transferred for no consideration to the Ellen M. Soultz Irrevocable Trust, reflecting only a change in the form of beneficial ownership, and additional indirect holdings are reported in the Bradley L. Soultz Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,153 shares exercised/converted
Exercise
12 txns
Insider
Soultz Bradley Lee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,651 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,569 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,933 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,416 | $22.81 | $55K |
| Exercise | Common Stock | 6,651 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,965 | $23.73 | $47K |
| Exercise | Common Stock | 9,569 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,880 | $23.73 | $68K |
| Exercise | Restricted Stock Units | 6,933 | $0.00 | $0.00 |
| Other | Common Stock | 50,000 | $0.00 | $0.00 |
| Other | Common Stock | 50,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 32,653 contracts (Direct);
Common Stock — 244,225 shares (Indirect, By Ellen M. Soultz Irrevocable Trust);
Common Stock — 318,441 shares (Direct);
Common Stock — 418,376 shares (Indirect, By Bradley L. Soultz Irrevocable Trust)
Footnotes (5)
- F1. The Reporting Person transferred 50,000 shares of common stock to the Ellen M. Soultz Irrevocable Trust, 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.
- F2. 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.
- F3. On February 22, 2024, the Reporting Person was granted a target number of 64,708 PSUs which vest based on the achievement of the relative total stockholder return ("TSR") of the Issuer's common stock as compared to the TSR of the constituents of the S&P 400 Index at the grant date over the performance of three years subject to the terms and conditions of the previously disclosed WillScot Mobile Mini Holdings Corp. 2020 Incentive Award Plan (the "Plan") and the Performance-Based Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person.
- F4. On February 24, 2023, the Reporting Person was granted 62,081 PSUs which vest based on the achievement of the relative total stockholder return ("TSR") of the Issuer's common stock as compared to the TSR of the constituents of the S&P 400 Index at the grant date over the performance of three years subject to the terms and conditions of the previously disclosed WillScot Mobile Mini Holdings Corp. 2020 Incentive Award Plan (the "Plan") and the Performance-Based Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person.
- F5. On February 24, 2025, the Reporting Person was granted a target number of 89,311 PSUs which vest based on the achievement of the relative total stockholder return ("TSR") of the Issuer's common stock as compared to the TSR of the constituents of the S&P 400 Index at the grant date over the performance of three years subject to the terms and conditions of the previously disclosed Plan and the Performance-Based Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Bradley Lee Soultz report for WillScot Holdings (WSC)?
Bradley Lee Soultz reported equity award-related activity, including exercises of restricted stock units into common stock and dispositions coded “F” to cover tax or exercise obligations. He also reported a prior transfer of 50,000 shares to an irrevocable trust for no consideration, changing only beneficial ownership form.
Were any of Bradley Lee Soultz’s WillScot (WSC) transactions open-market buys or sells?
The reported activity involves derivative exercises (code M) and tax-withholding dispositions (code F), not open-market buys or sells. Shares delivered under code F satisfy exercise price or tax liabilities, while exercises convert restricted or performance stock units into common shares without a stated cash exercise price.
How are restricted stock units (RSUs) described in Bradley Soultz’s WillScot (WSC) filing?
Each time-based restricted stock unit is described as a contingent right to receive, upon vesting, one share of WillScot common stock or its cash equivalent. This language clarifies that RSUs convert into value only when vesting conditions specified in the company’s incentive plan are satisfied.
What performance stock units (PSUs) grants are referenced in the WillScot (WSC) Form 4 footnotes?
Footnotes describe PSU grants on February 22, 2024, February 24, 2023, and February 24, 2025. Each grant vests based on relative total stockholder return versus the S&P 400 Index over a three-year period under the company’s 2020 Incentive Award Plan and related agreements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
