Form 4: WillScot Holdings Corp: Officer Boswell Reports Stock Transactions
SEC Form 4 Filing
Timothy D. Boswell, President & COO of WillScot Holdings Corp, reports transactions involving common stock, performance stock units, restricted stock units, and stock options.
Summary
- On March 1, 2025, Timothy D. Boswell, President & COO of WillScot Holdings Corp, reported several transactions.
- These transactions involved the vesting and disposal of performance stock units (PSUs) and restricted stock units (RSUs), as well as the associated acquisition and disposal of common stock.
- Boswell disposed of 11,428 shares of common stock at a price of $32.95 and 1,590 shares of common stock at a price of $32.95 to cover tax obligations.
- Following these transactions, Boswell directly owns 26,164 shares of common stock and indirectly owns 271,706 shares through the EAB Irrevocable Trust.
- He also holds 337,536 performance stock units and 41,301 restricted stock units, and 125,691 stock options.
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 performance.
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, which is important for investors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives.
- The details disclosed are consistent with regulatory requirements for reporting changes in beneficial ownership.
- Similar filings can be observed for executives at comparable companies such as Mobile Mini and McGrath RentCorp.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders.
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/20/2018 | Date of Nonqualified Stock Option Award Agreement |
| 03/01/2022 | Grant date of 35,463 PSUs and 15,198 RSUs |
| 03/01/2025 | Date of reported transactions: vesting of PSUs and RSUs, and disposal of shares for tax obligations |
| 03/04/2025 | Date of signature on the Form 4 filing |
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