WillScot Holdings Corp·4

Mar 3, 5:15 PM ET

Soultz Bradley Lee 4

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WillScot (WSC) Director Soultz Bradley Lee Receives RSU Shares; Tax Withholding

What Happened

  • Soultz Bradley Lee, a director of WillScot Holdings Corp (WSC), had 9,499 restricted stock units (RSUs) convert to common shares on March 1, 2026. To cover tax withholding, 2,807 of those shares were surrendered/withheld and valued at $21.61 each, totaling $60,659. Net shares delivered to the insider were 6,692 (9,499 vested − 2,807 withheld). The filing shows the RSU conversion (derivative exercise) and the tax-withholding disposition.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
  • Vesting/conversion: 9,499 RSUs converted into shares (reporting code M).
  • Tax withholding: 2,807 shares withheld/disposed at $21.61 each for $60,659 (reporting code F).
  • Net shares received: 6,692 shares (9,499 − 2,807).
  • Gross approximate value of the vested shares at $21.61: ~$205,273; net value of shares retained: ~ $144,614.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: F1 clarifies each RSU equals one share upon vesting; F2 notes the RSUs were granted on March 1, 2022 (37,996 RSUs, vesting in four equal annual installments).

Context

  • This is a routine RSU vesting and tax-withholding event, not an open-market purchase or discretionary sale; such withholdings are standard to satisfy tax obligations. The filing reports conversion of derivative awards (RSUs) into stock and the corresponding tax withholding; no buy/sell on the open market was reported.