WillScot Mobile Mini Holdings Corp. Files DEF 14A
Ticker: WSC · Form: DEF 14A · Filed: Apr 22, 2024 · CIK: 1647088
| Field | Detail |
|---|---|
| Company | Willscot Mobile Mini Holdings Corp. (WSC) |
| Form Type | DEF 14A |
| Filed Date | Apr 22, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $1B, $14.1 million, $93,564, $250 |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, WillScot Mobile Mini Holdings, Executive Compensation, Corporate Governance, Shareholder Meeting
TL;DR
<b>WillScot Mobile Mini Holdings Corp. has filed a DEF 14A form on April 22, 2024, detailing executive compensation and corporate governance information.</b>
AI Summary
WillScot Mobile Mini Holdings Corp. (WSC) filed a Proxy Statement (DEF 14A) with the SEC on April 22, 2024. Filing type is DEF 14A, filed on 2024-04-22. Reporting period for the filing is 2024-06-07. Company's principal business address is in Phoenix, AZ. The company was formerly known as WillScot Corp and Double Eagle Acquisition Corp. The filing includes data related to pension plans and stock awards for fiscal years 2020-2023.
Why It Matters
For investors and stakeholders tracking WillScot Mobile Mini Holdings Corp., this filing contains several important signals. This DEF 14A filing provides crucial information for shareholders regarding executive compensation, director elections, and other corporate governance matters, enabling informed voting decisions. The detailed breakdown of compensation and stock awards for fiscal years 2020-2023 offers insights into the company's incentive structures and potential future dilution from equity awards.
Risk Assessment
Risk Level: low — WillScot Mobile Mini Holdings Corp. shows low risk based on this filing. The filing is a routine DEF 14A, which typically contains standard corporate governance and executive compensation disclosures, posing no immediate unusual risk.
Analyst Insight
Review the executive compensation details and any proposed shareholder resolutions to assess alignment with company performance and shareholder interests.
Key Numbers
- 2024-04-22 — Filing Date (Date the DEF 14A was filed)
- 2024-06-07 — Period of Report (The period covered by the filing)
- 2023-12-31 — Fiscal Year End (Company's fiscal year end)
Key Players & Entities
- WillScot Mobile Mini Holdings Corp. (company) — Filer
- WillScot Corp (company) — Former company name
- Double Eagle Acquisition Corp. (company) — Former company name
- Phoenix (location) — Business address city
FAQ
When did WillScot Mobile Mini Holdings Corp. file this DEF 14A?
WillScot Mobile Mini Holdings Corp. filed this Proxy Statement (DEF 14A) with the SEC on April 22, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by WillScot Mobile Mini Holdings Corp. (WSC).
Where can I read the original DEF 14A filing from WillScot Mobile Mini Holdings Corp.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by WillScot Mobile Mini Holdings Corp..
What are the key takeaways from WillScot Mobile Mini Holdings Corp.'s DEF 14A?
WillScot Mobile Mini Holdings Corp. filed this DEF 14A on April 22, 2024. Key takeaways: Filing type is DEF 14A, filed on 2024-04-22.. Reporting period for the filing is 2024-06-07.. Company's principal business address is in Phoenix, AZ..
Is WillScot Mobile Mini Holdings Corp. a risky investment based on this filing?
Based on this DEF 14A, WillScot Mobile Mini Holdings Corp. presents a relatively low-risk profile. The filing is a routine DEF 14A, which typically contains standard corporate governance and executive compensation disclosures, posing no immediate unusual risk.
What should investors do after reading WillScot Mobile Mini Holdings Corp.'s DEF 14A?
Review the executive compensation details and any proposed shareholder resolutions to assess alignment with company performance and shareholder interests. The overall sentiment from this filing is neutral.
How does WillScot Mobile Mini Holdings Corp. compare to its industry peers?
WillScot Mobile Mini Holdings Corp. operates in the miscellaneous equipment rental and leasing industry.
Are there regulatory concerns for WillScot Mobile Mini Holdings Corp.?
This filing is made under the Securities Exchange Act of 1934, specifically Form DEF 14A, which requires detailed disclosure of information for the solicitation of proxies.
Industry Context
WillScot Mobile Mini Holdings Corp. operates in the miscellaneous equipment rental and leasing industry.
Regulatory Implications
This filing is made under the Securities Exchange Act of 1934, specifically Form DEF 14A, which requires detailed disclosure of information for the solicitation of proxies.
What Investors Should Do
- Analyze the compensation packages for named executive officers.
- Review proposals related to director elections and any shareholder proposals.
- Examine the company's corporate governance practices outlined in the filing.
Key Dates
- 2024-04-22: Filing Date — The date the DEF 14A filing was submitted to the SEC.
- 2024-06-07: Period of Report — The end date of the period covered by this filing.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a proxy statement. Previous filings of this type would detail similar information regarding executive compensation and corporate governance.
Filing Stats: 4,508 words · 18 min read · ~15 pages · Grade level 14.3 · Accepted 2024-04-22 16:33:47
Key Financial Figures
- $1B — d approach to growth, we delivered over $1B of Adjusted EBITDA (1) , accomplishing
- $14.1 million — an employee's contribution. We matched $14.1 million in 401(k) contributions in 2023. We als
- $93,564 — in need. In 2023, 29 employees received $93,564 in assistance. Emotional well-being C
- $250 — izations. Employees can also earn up to $250 through volunteer time to donate to eli
Filing Documents
- wsc-20240422.htm (DEF 14A) — 1048KB
- wsc-20240422_g1.jpg (GRAPHIC) — 10KB
- wsc-20240422_g10.jpg (GRAPHIC) — 33KB
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- wsc-20240422_g9.jpg (GRAPHIC) — 73KB
- 0001647088-24-000076.txt ( ) — 16481KB
- wsc-20240422.xsd (EX-101.SCH) — 3KB
- wsc-20240422_def.xml (EX-101.DEF) — 3KB
- wsc-20240422_lab.xml (EX-101.LAB) — 5KB
- wsc-20240422_pre.xml (EX-101.PRE) — 3KB
- wsc-20240422_htm.xml (XML) — 138KB
EXECUTIVE COMPENSATION 34
EXECUTIVE COMPENSATION 34
EXECUTIVE COMPENSATION TABLES 47
EXECUTIVE COMPENSATION TABLES 47 PROPOSAL 4 – APPROVAL OF AN AMENDMENT TO AMENDED AND RESTATED CERTIFICATE OF INCORPORATION 57
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 58
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 58 MATTERS RAISED AT THE ANNUAL MEETING NOT INCLUDED IN THIS PROXY STATEMENT 59 STOCKHOLDER PROPOSALS AND DIRECTOR NOMINATIONS FOR THE 2025 ANNUAL MEETING 59 ACCESS TO ANNUAL REPORT ON FORM 10-K 59 INFORMATION ABOUT THE ANNUAL MEETING AND VOTING 59 PROXY VOTING CARD A-1 4 NOTABLE CORPORATE GOVERNANCE UPDATES AND CHANGES We believe that proper governance is integral to aligning our business strategy and operations with stockholder interests. We have strong governance practices in place that continue to evolve as our business grows. These practices not only help to regulate our risk as an organization, they also provide a framework by which we are able to translate the ethics of our philosophy for every employee. In an ongoing effort to ensure "best practices" in corporate governance matters, in 2022, the Company engaged Spencer Stuart to conduct an assessment of the Board. The assessment resulted in recommendations to diversify the skill set and membership of the Board to align with future growth. As a result, in 2022, the Board appointed Erika Davis to serve as a director, and in 2023, the Board acted to increase the size of the Board from eight (8) to nine (9) members and appointed Natalia Johnson to serve as a director to fill the vacancy created by that increase. Ms. Davis brings significant human capital management, M&A, technology and systems integration experience to the Board. Ms. Johnson brings significant human capital management, technological and digital modeling, systems and systems integration, end-market and industry, operational effectiveness, strategic planning and risk oversight experience to the Board. These decisions reinforce the strategic direction of the Company, and the Board continues to evaluate talent, skill sets and diversity to align with the Company's long-term future. We also made several changes to our corporate governance documents, including our Board com