Form 4: Custom Truck One Source CFO Christopher Eperjesy Reports Stock Transactions
SEC Form 4 Filing
Christopher Eperjesy, CFO of Custom Truck One Source, reports the vesting and subsequent sale of shares to cover tax obligations.
Summary
- On April 1, 2025, Christopher J Eperjesy, the Chief Financial Officer of Custom Truck One Source, Inc. (CTOS), reported transactions involving common stock and restricted stock units.
- Eperjesy exercised 67,500 restricted stock units, receiving common stock.
- He then disposed of 30,537 shares of common stock at a price of $4.2 to cover tax obligations related to the vesting of the restricted stock units.
- Following these transactions, Eperjesy directly owns 206,578 shares of common stock.
- He also owns 22,500 restricted stock units that vest in four equal annual installments beginning on April 1, 2023, and 90,000 restricted stock units that vest in four equal annual installments beginning on April 1, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives.
- The vesting schedules and tax-related sales are typical components of executive compensation packages, similar to those seen at companies like Rush Enterprises and Paccar.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 04/01/2023 | Start date for vesting of 22,500 restricted stock units in four equal annual installments |
| 04/01/2024 | Start date for vesting of 90,000 restricted stock units in four equal annual installments |
| 04/01/2025 | Date of stock transactions: exercise of restricted stock units and sale of shares for tax obligations |
| 04/03/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, CTOS, Custom Truck One Source, Christopher Eperjesy, CFO, Stock Options, Restricted Stock Units, Insider Trading, Beneficial Ownership
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