Custom Truck One Source, Inc.: directors' dealings · United States · SEC (Form 4)

About Custom Truck One Source, Inc.

Custom Truck One Source, Inc. (NYSE: CTOS) is a United States-listed industrial company traded on the NYSE, headquartered in Kansas City, Missouri. The business is built around a specialty-equipment platform serving infrastructure-intensive end markets, with particular exposure to electric utilities, telecom, rail, forestry, waste management, and other infrastructure-related sectors. The company’s modern corporate form dates to the 2021 transaction in which Nesco Holdings acquired Custom Truck One Source and adopted the current name, while the operating platform itself has roots in Kansas City and a long-standing focus on specialty truck and equipment solutions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1709682/000121390021019985/ea138891ex99-1_customtruck.htm?utm_source=openai)) CTOS operates a vertically integrated model across three principal business lines. Equipment Rental Solutions covers rental equipment and the sale of used fleet assets. Truck and Equipment Sales focuses on the production, assembly, and sale of new specialty trucks and equipment. Aftermarket Parts and Services includes parts, tools, supplies, and repair and maintenance services. This structure allows the company to monetize the full equipment lifecycle and create a more comprehensive customer offering than many narrower peers. In practical terms, CTOS competes as a one-stop shop for fleet operators that need mission-critical equipment, support, and service continuity. ([investors.customtruck.com](https://investors.customtruck.com/news/news-details/2026/Custom-Truck-One-Source-Inc--Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx?utm_source=openai)) From a market-positioning standpoint, CTOS benefits from secular demand drivers rather than a single end market. Management has repeatedly highlighted themes such as power-grid upgrades, electrification, data center buildout, telecom expansion, and broader infrastructure investment. Those drivers support demand for specialty utility and vocational trucks, rental fleets, and aftermarket support. The company’s competitive edge lies in the breadth of its offerings, the scale of its rental fleet, and its ability to combine equipment availability with service and parts support. Recent management commentary also emphasizes working-capital discipline, free-cash-flow generation, and deleveraging as core priorities. ([investors.customtruck.com](https://investors.customtruck.com/news/news-details/2026/Custom-Truck-One-Source-Inc--Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx?utm_source=openai)) Geographically, CTOS is primarily North America-focused, with a U.S.-centered operating footprint and a distribution/service network designed to serve customers across the country. In 2025, the company announced a new Orlando, Florida location, underscoring continued network expansion to capture growth in key regions. ([investors.customtruck.com](https://investors.customtruck.com/news/news-details/2025/Custom-Truck-One-Source-Announces-Opening-of-New-Orlando-Florida-Location-to-Serve-Growing-Demand/default.aspx?utm_source=openai)) Recent developments have been constructive. In its March 2026 full-year release, CTOS reported record 2025 revenue and a stronger fourth-quarter Adjusted EBITDA, while also noting high historical equipment on-order and a shift in segment reporting beginning in 2026. That reporting change, moving to two new segments, suggests management is reorganizing the business for clearer operational accountability and investor transparency. For international equity investors, Custom Truck One Source is best viewed as a U.S. infrastructure-equipment platform on the NYSE, with cyclical exposure but supported by long-duration spending trends across critical industrial end markets. ([investors.customtruck.com](https://investors.customtruck.com/news/news-details/2026/Custom-Truck-One-Source-Inc--Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx?utm_source=openai))