secwatch.observer — SEC 8-K summary
======================================

Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0001104659-22-068620
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot Mobile Mini enters amended employment agreement with EVP Hezron Lopez
------------------------------------------------------------------------------

- Base salary increased to $525,000 per year from $495,000, with target bonus opportunity of 90% of salary.
- Annual equity award target set at $1,000,000, 70% in performance-based RSUs vesting over 3 years and 30% in RSUs vesting over 4 years.
- Employment term extended through June 3, 2027, with automatic one-year renewals thereafter.
- Non-compete period extended to 18 months; severance includes 1.5x target bonus and 18 months base salary for termination without cause or for good reason.
- Agreement also updates title to Executive Vice President, Chief Legal and Compliance Officer & ESG.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000110465922068620/0001104659-22-068620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000110465922068620/tm2217823d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-068620

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