Form 4: Custom Truck One Source Director Heinberg Exercises and Acquires Shares
SEC Form 4 Filing
Director Marshall Heinberg exercised restricted stock units and acquired additional units in Custom Truck One Source, Inc.
Summary
- On March 31, 2025, Marshall Heinberg, a director of Custom Truck One Source, Inc. (CTOS), exercised 39,993 restricted stock units (RSUs) for common stock.
- The price per share for the exercised RSUs was $0.
- Following the transaction, Heinberg directly owns 352,202 shares of CTOS common stock.
- Additionally, Heinberg indirectly owns 120,000 shares through a spouse.
- On April 1, 2025, Heinberg acquired 48,346 restricted stock units that will vest on March 31, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with neutral sentiment.
Future Outlook
The document indicates future vesting of restricted stock units on March 31, 2026, suggesting continued equity-based compensation for the director.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency to investors regarding the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting the stock.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Restricted stock units vested in full and were exercised. |
| 03/31/2025 | Date of transaction where 39,993 shares were acquired via RSU exercise. |
| 04/01/2025 | Date of transaction where 48,346 restricted stock units were acquired. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
| 03/31/2026 | Date when 48,346 restricted stock units will vest. |
Keywords
Form 4, Beneficial Ownership, Insider Trading, Restricted Stock Units, CTOS, Custom Truck One Source, Heinberg, Director
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.