Form 4: WillScot Holdings CEO Bradley Lee Soultz Reports Stock Transfer to Irrevocable Trust
SEC Form 4 Filing
WillScot Holdings CEO Bradley Lee Soultz reported a transfer of 5,000 shares of common stock to the Ellen M. Soultz Irrevocable Trust, along with other transactions and holdings.
Summary
- On November 4, 2024, Bradley Lee Soultz, CEO of WillScot Holdings Corp, reported a transaction involving the company's common stock.
- Soultz transferred 5,000 shares of common stock to the Ellen M. Soultz Irrevocable Trust for no consideration.
- This transfer is reported as a change in the form of beneficial ownership and does not change Soultz's pecuniary interest in the shares.
- Following the transfer, Soultz directly holds 139,686 shares.
- Soultz also indirectly owns 174,225 shares through the Ellen M. Soultz Irrevocable Trust and 406,376 shares through the Bradley L. Soultz Irrevocable Trust.
- Soultz also holds derivative securities including performance stock units (PSUs) representing 528,078 shares, restricted stock units (RSUs) representing 82,111 shares, and options to buy 408,497 shares through the Ellen M Soultz Irrevocable Trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions and holdings in the company's stock. It is standard practice for executives to manage their equity holdings, sometimes through trusts, for estate planning and tax purposes.
Stakeholder Impact
- The stock transfer to a trust may have implications for the Soultz family's estate planning.
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/20/2018 | Date of Nonqualified Stock Option Award Agreement between the Issuer and the Reporting Person. |
| 09/07/2021 | Date of Performance-Based Restrictive Stock Unit Agreement and Amended and Restated Employment Agreement between the Issuer and the Reporting Person. |
| 11/04/2024 | Date of stock transfer transaction and purchase of common stock. |
| 11/05/2024 | Date of signature for the Form 4 filing. |
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