WillScot Holdings Corp. Files 8-K on Executive and Director Changes
Ticker: WSC · Form: 8-K · Filed: Sep 3, 2025 · CIK: 1647088
| Field | Detail |
|---|---|
| Company | Willscot Holdings Corp (WSC) |
| Form Type | 8-K |
| Filed Date | Sep 3, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $850,000, $2,700,000, $300,000, $1,600,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-changes, director-changes
TL;DR
Board shakeup at WillScot Holdings Corp. - new directors and officers appointed.
AI Summary
WillScot Holdings Corp. filed an 8-K on September 3, 2025, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also covers other events and financial statements/exhibits.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and director roles can indicate internal shifts that may affect company strategy and stability.
Key Players & Entities
- WillScot Holdings Corp. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- September 3, 2025 (date) — Date of report
FAQ
What specific events are detailed in the 8-K filing?
The 8-K filing details the departure of directors or certain officers, the election of directors, the appointment of certain officers, compensatory arrangements of certain officers, other events, and financial statements and exhibits.
When was the report filed?
The report was filed on September 3, 2025.
What is the company's state of incorporation?
The company is incorporated in Delaware.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the company's business address?
The company's business address is 4646 E. Van Buren Street, Suite 400, Phoenix, AZ 85008.
Filing Stats: 1,305 words · 5 min read · ~4 pages · Grade level 12.3 · Accepted 2025-09-03 16:34:40
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share WSC The Nasdaq Capital Market
- $850,000 — : A base salary at the initial rate of $850,000 per calendar year; Eligibility for an
- $2,700,000 — s with an initial target grant value of $2,700,000; and Upon a termination of his employm
- $300,000 — Letter") providing for the following: $300,000 annualized base salary; and The follow
- $1,600,000 — hare units having a grant date value of $1,600,000, to be granted in the first quarter of
- $1,200,000 — tock units having a grant date value of $1,200,000, to be granted on or as soon as practic
Filing Documents
- wsc-20250903.htm (8-K) — 39KB
- ex101-willscotxboswellempl.htm (EX-10.1) — 147KB
- ex102-wscxsoultzseparation.htm (EX-10.2) — 50KB
- ex103-willscotstockoptiona.htm (EX-10.3) — 43KB
- ex104-wscofferletter_worth.htm (EX-10.4) — 39KB
- image_0a.jpg (GRAPHIC) — 13KB
- wsc-20250903_g1.jpg (GRAPHIC) — 39KB
- 0001647088-25-000050.txt ( ) — 603KB
- wsc-20250903.xsd (EX-101.SCH) — 2KB
- wsc-20250903_lab.xml (EX-101.LAB) — 22KB
- wsc-20250903_pre.xml (EX-101.PRE) — 13KB
- wsc-20250903_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events In connection with Mr. Jackman becoming Executive Chair of the Board and an employee of the Company, effective as of September 4, 2025, the Company entered into an offer letter, dated September 3, 2025, with Mr. Jackman (the "Jackman Offer Letter") providing for the following: $300,000 annualized base salary; and The following one-time equity awards: Performance share units having a grant date value of $1,600,000, to be granted in the first quarter of 2026 (at the same time grants are made to other similarly situated executives) and vesting at the end of a three-year performance period if the performance goals established by the Compensation Committee of the Board are met. 120,000 stock options, to be granted on or as soon as practicable following Mr. Jackman's start date and vesting 50% on each of the first and second anniversaries of the grant date. Restricted stock units having a grant date value of $1,200,000, to be granted on or as soon as practicable following Mr. Jackman's start date and vesting 50% on each of the first and second anniversaries of the grant date. The Offer Letter also provides for restrictive covenants that will apply during Mr. Jackman's employment and for 24 months following the end of his employment. The foregoing description of the Jackman Offer Letter is a summary only and is qualified in its entirety by reference to the terms of the Jackman Offer Letter, which is filed as Exhibit 10.4 to this Current Report on Form 8-K.
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Exhibit Description 1 0.1 Amended and Restated Employment Agreement, dated as of September 3, 2025, by and between WillScot Holdings Corporation and Timothy D. Boswell 10.2 Separation Agreement, dated as of September 3, 2025, by and between WillScot Holdings Corporation and Bradley L. Soultz 10.3 Form of Nonqualified Stock Option Award Agreement 10.4 Offer Letter, dated as of September 3, 2025, by and between WillScot Holdings Corporation and Worthing Jackman 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. WillScot Holdings Corporation By: /s/ Hezron Timothy Lopez Dated: September 3, 2025 Name: Hezron Timothy Lopez Title: Executive Vice President, Chief Legal & Compliance Officer & ESG