secwatch.observer — SEC 8-K summary
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Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2021-09-08T23:59:59+00:00
Accession:  0001104659-21-113630
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot Mobile Mini amends CEO & CFO employment agreements; boosts pay, extends terms, grants PSUs with $47.50 target
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- CEO Soultz: base salary to $900k (from $850k), target bonus to 150% base, annual equity target $4.5M, term through Mar 2026.
- CFO Boswell becomes President & CFO; base salary $600k (from $460k), target bonus 125% base, annual equity target $1.4M, term through Jul 2026.
- Soultz severance increased to 2x base+bonus; Boswell 1.5x (w/o cause) or 2x (change in control).
- New PSU grants tied to share price thresholds ($42.50 start, $47.50 target). Max shares: Soultz 750k, Boswell 583k, vesting on Mar/Jul 2026.
- Non-compete period for Soultz extended to 24 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000110465921113630/0001104659-21-113630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000110465921113630/tm2127048d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-113630

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer