Form 4: Custom Truck One Source Officer Thomas R. Rich Reports Stock Transactions
SEC Form 4
Thomas R. Rich, President Rentals at Custom Truck One Source, reports the vesting and subsequent disposal of shares to cover tax obligations.
Summary
- On April 1, 2025, Thomas R. Rich, President Rentals of Custom Truck One Source, exercised restricted stock units, converting them into 100,000 shares of common stock.
- Following the conversion, 45,565 shares were disposed of to satisfy tax obligations at a price of $4.2 per share.
- After these transactions, Rich directly owns 286,377 shares of Custom Truck One Source common stock and 100,000 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions related to executive compensation.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Start date for vesting of restricted stock units in four equal annual installments. |
| 04/01/2024 | Start date for vesting of additional restricted stock units in four equal annual installments. |
| 04/01/2025 | Date of transaction: Exercise of restricted stock units and disposal of shares for tax obligations. |
| 04/03/2025 | Date of Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Options, Restricted Stock Units, CTOS, Custom Truck One Source, Beneficial Ownership, Thomas R. Rich
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