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

Sentiment:

SEC Form 4 Filing


Joe P. Ross, President Sales at Custom Truck One Source, reports the vesting and disposal of restricted stock units to cover tax obligations.

Summary

  • On April 1, 2025, Joe P. Ross, President Sales of Custom Truck One Source, engaged in transactions involving the company's common stock.
  • Ross acquired 100,000 shares upon the vesting of restricted stock units at a price of $0.
  • He then disposed of 45,513 shares to satisfy tax obligations at a price of $4.2 per share.
  • Following these transactions, Ross directly owns 311,485 shares and indirectly owns 282,449 shares through Joseph P. Ross Holding Company, LLC.
  • The reported transactions also involved the vesting of 50,000 restricted stock units that vest in four equal annual installments beginning on April 1, 2022, and 50,000 restricted stock units that vest in four equal annual installments beginning on April 1, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in insider ownership.

Key Dates

DateDescription
04/01/2022Start date for vesting of restricted stock units in four equal annual installments.
04/01/2024Start date for vesting of restricted stock units in four equal annual installments.
04/01/2025Date of the reported stock transactions, including vesting of restricted stock units and disposal of shares for tax obligations.
04/03/2025Date of signature on the Form 4 filing.

Keywords

Form 4, insider trading, stock transaction, restricted stock units, CTOS, Custom Truck One Source, Joe P. Ross

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.