WillScot Holdings Corp·4

Mar 3, 5:10 PM ET

Boswell Timothy D 4

Research Summary

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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.