Boswell Timothy D 4
4 · WillScot Holdings Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
WillScot (WSC) CEO Tim Boswell Receives RSUs; Shares Withheld
What Happened
Timothy D. Boswell, President & CEO and a director of WillScot Holdings Corp (WSC), had 3,800 time‑based restricted stock units vest on March 1, 2026 and converted those RSUs into 3,800 shares of common stock. To satisfy tax withholding, 1,591 of those shares were withheld/disposed at $21.61 per share for a withholding value of $34,382. Net new shares added to his holdings from this vesting were 2,209 shares (approx. $47,736 based on $21.61/share).
Key Details
- Transaction date: March 1, 2026; Form filed March 3, 2026.
- Primary actions recorded: conversion/exercise of derivatives (code M) converting 3,800 RSUs into common stock; tax withholding (code F) of 1,591 shares at $21.61 (=$34,382).
- Footnotes: F1–F2 indicate these were time‑based RSUs (grant dated March 1, 2022, 15,198 RSUs vesting in four equal annual installments). F3 describes prior option awards but is not the source of these vested RSUs.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Filing timeliness: filed within typical window (no late‑filing flag indicated).
Context
This was a routine vesting of previously granted, time‑based RSUs and a standard tax‑withholding share surrender (cashless withholding). Such transactions reflect grant vesting rather than an open‑market purchase or sale by the insider and do not, by themselves, indicate a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-01+3,800→ 19,266 total - Tax Payment
Common Stock
2026-03-01$21.61/sh−1,591$34,382→ 17,675 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−3,800→ 58,195 total→ Common Stock (3,800 underlying)
- 295,862(indirect: By Trust)
Common Stock
- 125,691
Stock Options (right to buy)
[F3]Exercise: $13.60→ Common Stock (125,691 underlying)
Footnotes (3)
- [F1]Each time-based restricted stock unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share, or its cash equivalent.
- [F2]On March 1, 2022, the Reporting Person was granted 15,198 RSUs which vest in four equal installments on each of the first four anniversaries of the grant date subject to the terms and conditions of the previously disclosed Plan and the Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person.
- [F3]The stock options (the "Options"), reported on this Form 4, represent the right upon vesting to buy shares of Class A Common Stock pursuant to the terms and conditions of the Plan and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of March 20, 2018 (the "Award Agreement"). The Options vested in equal installments on each of the first four anniversaries of the grant date subject to the terms and conditions of the Plan and Award Agreement.