Form 4: Custom Truck One Source CEO Ryan McMonagle Reports Stock Transactions

Custom Truck One Source CEO Ryan McMonagle reports the acquisition of 29,332 shares and the disposal of 26,488 shares to cover tax obligations on December 31, 2024.

Summary

• Ryan McMonagle, CEO of Custom Truck One Source, reported transactions involving the company's stock on December 31, 2024.
• He acquired 29,332 shares of common stock through the vesting of performance stock units.
• He also disposed of 26,488 shares of common stock at a price of $4.81 per share to cover tax obligations related to the vesting of the performance stock units.
• Following these transactions, Mr. McMonagle beneficially owns 499,431 shares of common stock directly.
• Additionally, he holds 114,033 performance stock units, each representing a contingent right to receive one share of common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive, which is neither positive nor negative in itself.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies.
• The vesting of performance stock units is a typical form of executive compensation.
• The sale of shares to cover tax obligations is a standard practice when stock options or units vest.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

stock transactions, insider trading, performance stock units, executive compensation, common stock, CTOS, Custom Truck One Source