Form 4: Custom Truck One Source Executive Reports Stock Transactions

Joe P. Ross, President of Sales at Custom Truck One Source, reports the acquisition and disposal of company stock and performance stock units on December 31, 2024.

Summary

• Joe P. Ross, President of Sales at Custom Truck One Source, engaged in stock transactions on December 31, 2024.
• He acquired 18,050 shares of common stock through the vesting of performance stock units.
• He also disposed of 10,886 shares of common stock to cover tax obligations related to the vesting of performance stock units at a price of $4.81 per share.
• Following these transactions, Mr. Ross directly owns 256,998 shares of common stock.
• He also indirectly owns 282,449 shares through Joseph P. Ross Holding Company, LLC.
• Additionally, Mr. Ross holds 70,175 performance stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no positive or negative implications for the company's performance.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies.
• The reporting of these transactions is mandated by the SEC to ensure transparency and prevent insider trading.
• The vesting of performance stock units is a typical form of executive compensation, aligning management interests with company performance.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine executive stock transactions.

Key Dates

Keywords

stock transactions, insider trading, performance stock units, executive compensation, common stock, Custom Truck One Source, CTOS