Form 4: WillScot Mobile Mini Holdings Corp.: Chief Information Officer Reports Stock Transactions
SEC Form 4
Graeme Parkes, Chief Information Officer of WillScot Mobile Mini Holdings Corp., reports the vesting and sale of restricted stock units and performance stock units.
Summary
- On March 1, 2024, Graeme Parkes, the Chief Information Officer of WillScot Mobile Mini Holdings Corp., reported transactions involving common stock.
- Parkes acquired 1,847 shares of common stock through the vesting of restricted stock units (RSUs) and disposed of 764 shares at a price of $48.06.
- On March 3, 2024, Parkes acquired 1,562 shares through RSU vesting and 37,500 shares through performance stock unit (PSU) vesting.
- He also disposed of 646 shares and 15,507 shares at $48.06.
- Following these transactions, Parkes directly owns 74,042 shares of common stock and holds 18,950 RSUs, 17,388 RSUs, and 61,488 PSUs.
- The RSUs vest annually in four equal installments from the grant date, while the PSUs vest based on the company's relative total stockholder return (TSR) compared to the Russell 3000 Index.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment, but rather reflects the execution of pre-existing compensation plans.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This filing indicates the vesting of previously granted equity awards and subsequent sales, which is a common practice.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Reporting Person was granted 7,388 RSUs which vest annually in four equal installments |
| 03/03/2021 | Reporting Person was granted 6,250 RSUs which vest annually in four equal installments |
| 03/03/2021 | Reporting Person was granted a target number of 18,750 PSUs which vest based on the achievement of the relative total stockholder return |
| 03/01/2024 | Transaction Date: Vesting of RSUs and sale of shares |
| 03/03/2024 | Transaction Date: Vesting of RSUs and PSUs and sale of shares |
| 03/05/2024 | Date of Report |
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