Form 4: WillScot Holdings Corp: Executive Officer Lopez Reports Stock Transactions
SEC Form 4 Filing
EVP, CLO, CCO & ESG of WillScot Holdings Corp, Hezron T. Lopez, reports transactions involving common stock, performance stock units, and restricted stock units on March 1, 2025.
Summary
- On March 1, 2025, Hezron T. Lopez, an executive officer of WillScot Holdings Corp, reported transactions involving the company's stock.
- These transactions included the vesting of 22,105 Performance Stock Units (PSUs) and 1,970 Restricted Stock Units (RSUs).
- Following these transactions, Lopez directly owns 74,701 shares of common stock, 79,208 PSUs, and 26,825 RSUs.
- The transactions also involved the disposition of shares to cover tax obligations, with 8,699 shares sold at $32.95 per share related to PSU vesting and 776 shares sold at $32.95 per share related to RSU vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted stock units and the sale of a small number of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Reporting Person was granted 28,708 PSUs which vest based on the achievement of the relative total stockholder return ('TSR') of the Issuer's common stock as compared to the TSR of the constituents of the S&P 400 Index at the grant date over the performance of three years. |
| 03/01/2022 | Reporting Person was granted 7,881 RSUs which vest in four equal installments on each of the first four anniversaries of the grant date. |
| 03/01/2025 | Date of earliest transaction: Vesting of PSUs and RSUs, and subsequent sale of shares to cover tax obligations. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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