Form 4: Custom Truck One Source Executive Acquires 25,000 Restricted Stock Units
SEC Form 4 Filing
Raymond Todd Barrett, Chief Accounting Officer of Custom Truck One Source, acquired 25,000 restricted stock units on April 28, 2025, according to a Form 4 filing.
Summary
- Raymond Todd Barrett, the Chief Accounting Officer of Custom Truck One Source, Inc. (CTOS), filed a Form 4 with the SEC.
- The filing reports that Mr. Barrett acquired 25,000 restricted stock units on April 28, 2025.
- Each restricted stock unit represents a contingent right to receive one share of Custom Truck One Source's common stock.
- The restricted stock units vest in four equal annual installments beginning on April 1, 2026, subject to continued service and potential acceleration upon achievement of certain corporate milestones.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment, simply reporting a transaction.
Future Outlook
The restricted stock units vest over four years, beginning April 1, 2026, incentivizing continued service and potentially aligning with corporate milestone achievements.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation. It provides transparency into the equity-based incentives provided to key personnel at Custom Truck One Source.
Stakeholder Impact
- The acquisition of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 04/28/2025 | Date of transaction: Raymond Todd Barrett acquired 25,000 restricted stock units. |
| 04/01/2026 | First vesting date for the restricted stock units, with equal annual installments thereafter. |
| 04/30/2025 | Date of Form 4 filing. |
Keywords
Form 4, restricted stock units, CTOS, Custom Truck One Source, insider trading, Raymond Todd Barrett, Chief Accounting Officer, equity compensation, vesting
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.