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WillScot Holdings Corp reported that Chief Human Resources Officer Felicia Gorcyca received several new equity awards. On February 24, 2026, she acquired 33,289 time-based restricted stock units, 9,987 additional RSUs with annual vesting, and a target of 23,302 performance stock units tied to company performance metrics. A prior grant of 1,594 RSUs was converted into common stock, and 505 common shares were withheld at $23.73 per share to cover tax obligations.
WillScot Holdings Corp President & CEO Timothy D. Boswell reported several equity transactions on February 24, 2026. He received 35,952 Restricted Stock Units (RSUs) that vest in three equal annual installments and a target of 83,888 Performance Stock Units (PSUs) that vest based on company performance metrics.
On the same date, previously granted RSUs were converted into common stock through exercises of 2,660 and 4,678 RSUs at no cash exercise price. To satisfy tax obligations from these vestings, he disposed of 1,131 and 2,206 shares of common stock at $23.73 per share via tax-withholding transactions rather than open-market sales. Some additional common shares are reported as held indirectly through the EAB Irrevocable Trust.
WillScot Holdings Corp Chief Accounting Officer Carisa A.P. Bianchi reported equity awards in the form of stock units. On February 24, 2026, she acquired 13,316 time-based restricted stock units (RSUs), each representing a right to receive one share of common stock or its cash equivalent upon vesting.
These RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to plan and award agreement terms. She was also granted a target of 6,658 performance-based stock units (PSUs), which vest based on achievement of specified company performance metrics.
WillScot Holdings Corp’s Chief Financial Officer Matthew T. Jacobsen reported equity award activity involving restricted stock units (RSUs) and common stock. On February 22, 2026, he exercised 899 RSUs for no cash cost, converting them into 899 shares of common stock. A separate transaction on the same date shows 420 common shares withheld at $22.81 per share to cover tax obligations, described as a payment of tax liability by delivering securities rather than an open-market sale. Following these transactions, he directly held 12,373 RSUs and 55,881 common shares. The RSUs relate to an award of 11,093 units granted on February 22, 2024 that vests in four equal annual installments under the company’s 2020 Incentive Award Plan.
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.
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.
WillScot Holdings Corporation filed its Annual Report describing a leading North American business in modular space and portable storage, leasing over 304,000 units and about 100 million square feet of relocatable space as of December 31, 2025.
The company serves more than 85,000 customers across construction, commercial and industrial, government, education, energy and other end markets through roughly 260 branches in the US, Canada and Mexico. Long lease terms averaging about 42 months support recurring cash flow, enhanced by a broad portfolio of value-added products such as furnishings, power, connectivity, security and perimeter solutions.
WillScot highlights technology investment in unified ERP/CRM and route optimization, a strong acquisition track record totaling about $4.9 billion in enterprise value since 2017, and a multi-year Network Optimization Plan that will exit significant acreage and abandon approximately 53,000 units with a net book value of $312.1 million to moderate real estate cost increases. Key risks include macroeconomic cycles, intense competition, credit risk, regulatory and environmental compliance, execution of its optimization initiatives, and potential actions by activist shareholders.
WillScot Holdings Corporation reported weaker 2025 results and a cautious 2026 outlook. Fourth-quarter 2025 revenue was $566 million with a gross margin of 50.4%, but the company posted a net loss of $187 million after a $302 million non-cash restructuring charge tied to its Network Optimization Plan. Adjusted EBITDA was $250 million at a 44.2% margin.
For full year 2025, revenue was $2.28 billion and Adjusted EBITDA was $971 million at a 42.6% margin, while the company recorded a net loss of $53 million and Adjusted Diluted EPS of $1.20. Operating cash flow reached $762 million and Adjusted Free Cash Flow was $489 million, supporting $146 million of debt paydown and $151 million returned to shareholders via buybacks and dividends.
WillScot’s 2026 outlook calls for approximately $2.175 billion of revenue, $900 million of Adjusted EBITDA, and $275 million of Net CAPEX, which management describes as conservative relative to current run rates and factoring in a $50 million headwind in the traditional storage business.
WillScot Holdings Corporation has entered into a Separation and Release Agreement with Hezron Lopez, its Executive Vice President, Chief Legal & Compliance Officer & ESG. Under this agreement, Mr. Lopez’s employment will end on February 6, 2026, which is defined as the termination date. The company states that his severance benefits will be treated as a termination without Cause, consistent with the terms of his amended and restated employment agreement dated June 6, 2022. Certain compensation and benefits are conditioned on Mr. Lopez executing, and not revoking after the termination date, a reaffirmation of a release of claims and other ongoing commitments and obligations.
WillScot Holdings Corp filed an initial ownership report for executive Carisa A.P. Bianchi, who serves as Chief Accounting Officer. The filing states that no non-derivative or derivative securities of WillScot Holdings Corp are beneficially owned by the reporting person as of the event date of 01/12/2026.