Form 4: Custom Truck One Source Director Fredrick M. Ross, Jr. Reports Stock Transactions
SEC Form 4
Director Fredrick M. Ross, Jr. of Custom Truck One Source, Inc. reports the vesting and subsequent sale of shares to cover tax obligations.
Summary
- On April 1, 2024, Fredrick M. Ross, Jr., a director of Custom Truck One Source, Inc., reported transactions involving common stock and restricted stock units.
- 175,000 restricted stock units vested and were converted into common stock.
- 77,264 shares were disposed of to satisfy tax obligations at a price of $5.88 per share.
- Following these transactions, Ross directly owns 279,513 shares of common stock and indirectly owns 2,000,000 shares through Frederick M. Ross, Jr. Holding Company, LLC.
- Ross also directly owns 350,000 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Start date for vesting of some restricted stock units in four equal annual installments. |
| 04/01/2024 | Date of transactions involving common stock and restricted stock units. |
| 04/01/2024 | Start date for vesting of some restricted stock units in four equal annual installments. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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