Form 4: Custom Truck One Source Director Fredrick M. Ross, Jr. Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Fredrick M. Ross, Jr. of Custom Truck One Source, Inc. reports the vesting and disposal of restricted stock units to cover tax obligations.

Summary

  • On April 1, 2025, Fredrick M. Ross, Jr., a director of Custom Truck One Source, Inc., reported transactions involving common stock and restricted stock units.
  • Ross exercised restricted stock units, acquiring 175,000 shares of common stock.
  • 52,588 shares were disposed of to satisfy tax obligations at a price of $4.2 per share.
  • Following these transactions, Ross directly owns 404,987 shares of common stock.
  • Ross also indirectly owns 2,000,000 shares through Frederick M. Ross, Jr. Holding Company, LLC.
  • The transactions involved restricted stock units vesting in installments beginning on April 1, 2022, and April 1, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or future prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key individual within Custom Truck One Source.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the increase in outstanding shares from the vesting of restricted stock units, offset by the sale of shares to cover tax obligations.

Key Dates

DateDescription
04/01/2022Start date for vesting of some restricted stock units in four equal annual installments
04/01/2024Start date for vesting of some restricted stock units in four equal annual installments
04/01/2025Date of stock transactions: exercise of restricted stock units and disposal of shares for tax obligations
04/03/2025Date of signature on the Form 4 filing

Keywords

Form 4, CTOS, Custom Truck One Source, Director, Stock Transaction, Restricted Stock Units, Beneficial Ownership

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