CTOS.NYSECustom Truck One Source, INC

Form 4: Custom Truck One Source Executive Joe P. Ross Reports Stock Transactions

Sentiment:

SEC Filing

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Joe P. Ross, President Sales at Custom Truck One Source, reports the vesting and subsequent sale of shares to cover tax obligations.

Summary

  • On April 1, 2024, Joe P. Ross, President Sales of Custom Truck One Source, had 100,000 restricted stock units vest.
  • These units converted into 100,000 shares of common stock.
  • Also on April 1, 2024, 43,630 shares were disposed of to satisfy tax obligations at a price of $5.88 per share.
  • Following these transactions, Ross directly owns 165,580 shares and indirectly owns 282,449 shares through Joseph P. Ross Holding Company, LLC.
  • Ross also directly owns 200,000 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves the sale of shares by an executive, but it's primarily related to tax obligations.

Key Dates

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

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.