Form 4: Custom Truck One Source Director Fredrick M. Ross, Jr. Reports Stock Transactions
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
| Date | Description |
|---|---|
| 04/01/2022 | Start date for vesting of some restricted stock units in four equal annual installments |
| 04/01/2024 | Start date for vesting of some restricted stock units in four equal annual installments |
| 04/01/2025 | Date of stock transactions: exercise of restricted stock units and disposal of shares for tax obligations |
| 04/03/2025 | Date 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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