Form 4: Mark Ein Exercises and Acquires Custom Truck One Source Stock Units

Director Mark Ein reports exercising restricted stock units and acquiring additional units of Custom Truck One Source, Inc. common stock.

Summary

• On March 31, 2024, Mark Ein exercised 18,640 restricted stock units (RSUs) of Custom Truck One Source, Inc. (CTOS) converting them into common stock.
• The price for the conversion of these RSUs was $0.
• Following this transaction, Mr. Ein directly owns 1,563,489 shares of CTOS common stock.
• Mr. Ein also indirectly owns 5,503,086 shares through Capitol Acquisition Management IV, LLC.
• On April 1, 2024, Mr. Ein acquired 22,218 additional restricted stock units, which will vest on March 31, 2025.
• After the acquisition of the new RSUs, Mr. Ein directly owns 22,218 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock unit exercises and acquisitions. The acquisition of additional units could be interpreted slightly positively, suggesting confidence by the director.

Positives

• The exercise of RSUs and acquisition of additional units by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The acquired restricted stock units will vest on March 31, 2025.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates the transactions of a director in Custom Truck One Source, Inc.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares upon vesting of the restricted stock units.

Key Dates