Form 4: Custom Truck One Source CEO Ryan McMonagle Reports Stock Transactions
SEC Form 4 Filing
Ryan McMonagle, CEO of Custom Truck One Source, reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On April 1, 2025, Ryan McMonagle, the CEO of Custom Truck One Source, engaged in transactions involving the company's common stock.
- Specifically, 162,500 restricted stock units vested, which were then converted into common stock.
- From these vested shares, 73,208 shares were withheld to cover tax obligations at a price of $4.2 per share.
- Following these transactions, McMonagle directly owns 588,723 shares of Custom Truck One Source common stock.
- The reported transactions also reflect McMonagle's ownership of 162,500 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Start date for vesting of restricted stock units in four equal annual installments. |
| 04/01/2024 | Start date for vesting of additional restricted stock units in four equal annual installments. |
| 04/01/2025 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 04/03/2025 | Date of the report filing. |
Keywords
Form 4, CTOS, Custom Truck One Source, Ryan McMonagle, Stock Transactions, Restricted Stock Units, Beneficial Ownership, CEO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.