JACKMAN WORTHING 4
Research Summary
AI-generated summary
WillScot (WSC) Director Jackman Worthing Receives PSU Award
What Happened
Jackman Worthing, a director of WillScot Holdings Corp (WSC), was granted a target award of 71,016 performance-based restricted stock units (PSUs) on February 24, 2026. The grant is reported as an award/acquisition (code A) with a $0.00 acquisition price (derivative instrument); no cash changed hands at grant.
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (timely filing).
- Grant: 71,016 PSUs at $0.00 (reported as derivative awards).
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes of note:
- F1: Reporting person has used two CIKs (0001229832 and 0001328708); going forward filings will use 0001229832.
- F2: Each PSU is a contingent right to receive one share of common stock or cash equivalent upon vesting.
- F3: The 71,016 PSUs are a target number that vest based on attainment of company-specific performance metrics.
- F4: The filing also references stock options under an employment agreement (vest in equal installments on the first and second anniversaries of the grant); those option terms are described in the footnote.
Context: This was a grant of performance-based awards, not an open-market purchase or sale—PSUs only convert to actual shares (or cash) if and when performance and vesting conditions are met. The grant itself does not represent immediate share ownership or a cash investment by the insider.