Form 4: Custom Truck One Source Executive Thomas R. Rich Reports Stock Transactions

Thomas R. Rich, President of Rentals at Custom Truck One Source, reported the acquisition and disposal of company stock and performance stock units on December 31, 2024.

Summary

• Thomas R. Rich, President of Rentals at Custom Truck One Source, reported transactions involving the company's stock and performance stock units.
• On December 31, 2024, Mr. Rich acquired 18,050 shares of common stock through the vesting of performance stock units.
• Also on December 31, 2024, 10,886 shares were disposed of at a price of $4.81 per share to cover tax obligations related to the vesting of performance stock units.
• Following these transactions, Mr. Rich directly owns 231,942 shares of common stock.
• Mr. Rich also holds 70,175 performance stock units, each representing a contingent right to receive one share of common stock, which will vest based on the attainment of certain performance conditions.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive, which is neither positive nor negative in itself.

Industry Context

This is a routine SEC Form 4 filing, which is standard practice for company executives reporting changes in their beneficial ownership of company stock. It provides transparency into executive stock transactions.

Comparison to Industry Standards

• SEC Form 4 filings are a standard requirement for publicly traded companies in the United States.
• The transactions reported are typical for executives who receive stock-based compensation.
• The vesting of performance stock units and subsequent tax-related sales are common practices.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

Keywords

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