Form 4: Custom Truck One Source Director Heinberg Exercises and Acquires Shares

Director Marshall Heinberg exercised restricted stock units and acquired additional units in Custom Truck One Source, Inc.

Summary

• On March 31, 2024, Director Marshall Heinberg exercised 33,552 restricted stock units (RSUs) converting them into common stock.
• These RSUs vested fully on March 31, 2024.
• Following the transaction, Heinberg directly owns 253,856 shares of common stock.
• Additionally, Heinberg indirectly owns 120,000 shares through a spouse.
• On April 1, 2024, Heinberg acquired 39,993 new restricted stock units that will vest on March 31, 2025.
• After this acquisition, Heinberg directly holds 39,993 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects standard insider transactions related to compensation. The director's increased stake could be seen as mildly positive.

Positives

• The exercise of RSUs and acquisition of additional units by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The newly acquired restricted stock units will vest on March 31, 2025.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the equity-based compensation and ownership structure of Custom Truck One Source.

Stakeholder Impact

• The transactions may have a minor positive impact on shareholder sentiment due to the director increasing their stake in the company.

Key Dates