WillScot (WSC) CFO exercises RSUs and withholds stock to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WillScot Holdings Corp's Chief Financial Officer Matthew T. Jacobsen reported equity compensation activity involving restricted stock units and common stock. On March 1, 2026, he exercised or converted 862 restricted stock units into an equal number of common shares at a stated price of $0.00 per share, increasing his directly held common stock.
In a related transaction on the same date, 403 common shares were disposed of at $21.61 per share to satisfy tax withholding obligations linked to the equity award. After these transactions, he directly held 57,795 shares of common stock and 26,758 restricted stock units, which vest in four equal installments on each of the first four anniversaries of their respective grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
862 shares exercised/converted
Mixed
3 txns
Insider
Jacobsen Matthew T
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 862 | $0.00 | -- |
| Exercise | Common Stock | 862 | $0.00 | -- |
| Tax Withholding | Common Stock | 403 | $21.61 | $9K |
Holdings After Transaction:
Restricted Stock Units — 26,758 shares (Direct);
Common Stock — 58,198 shares (Direct)
Footnotes (1)
- 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. The Reporting Person was granted time-based restricted stock units ("RSUs") pursuant to a Restricted Stock Unit Agreement under the Issuer's 2020 Incentive Award Plan (the "RSU Agreement") on February 29, 2024, March 6, 2023, March 2, 2022, and March 4, 2021. The RSUs vest in four equal installments on each of the first four anniversaries of the relevant grant date, subject to the terms and conditions of the RSU Agreement.
FAQ
What insider transactions did WillScot (WSC) report for its CFO?
WillScot’s CFO Matthew T. Jacobsen exercised restricted stock units and settled related taxes in shares. He converted 862 RSUs into common stock and had 403 shares withheld at $21.61 each to cover tax obligations tied to the equity award.
What are the vesting terms of the WillScot (WSC) restricted stock units reported?
The reported restricted stock units vest in four equal installments on each of the first four anniversaries of their grant dates. Grants occurred on February 29, 2024, March 6, 2023, March 2, 2022, and March 4, 2021 under WillScot’s 2020 Incentive Award Plan.