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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Awards
The following table summarizes the Company's RSA activity for the six months ended June 30, 2025 and 2024:
20252024
Number of SharesWeighted-Average Grant Date Fair ValueNumber of SharesWeighted-Average Grant Date Fair Value
Outstanding at beginning of period36,346 $38.11 28,946 $44.44 
Granted64,070 $27.86 32,332 $38.20 
Vested(32,332)$38.20 (25,483)$44.59 
Outstanding at end of period68,084 $28.42 35,795 $38.69 
Schedule of Restricted Stock Units
The following table summarizes the Company's Time-Based RSU activity for the six months ended June 30, 2025 and 2024:
20252024
Number of SharesWeighted-Average Grant Date Fair ValueNumber of SharesWeighted-Average Grant Date Fair Value
Outstanding at beginning of period576,652 $43.87 618,836 $36.07 
Granted391,843 $35.27 273,524 $48.68 
Forfeited(33,936)$41.25 (12,906)$44.47 
Vested(240,020)$39.90 (223,566)$33.31 
Outstanding at end of period694,539 $40.52 655,888 $42.11 
The following table summarizes the Company's Performance-Based RSU award activity for the six months ended June 30, 2025 and 2024:
20252024
Number of SharesWeighted-Average Grant Date Fair ValueNumber of SharesWeighted-Average Grant Date Fair Value
Outstanding at beginning of period1,768,460 $47.02 1,939,691 $42.95 
Granted406,265 $44.16 295,833 $66.60 
Forfeited(30,955)$55.52 (9,965)$46.18 
Vested(a)
(620,326)$43.18 (353,323)$39.10 
Outstanding at end of period1,523,444 $47.65 1,872,236 $47.40 
(a) The Performance-Based RSUs vested at a weighted average of 78% of target, or 482,083 shares, and 200% of target, or 706,646 shares, during the six months ended June 30, 2025 and 2024, respectively.
Schedule of Stock Option Awards
The following table summarizes the Company's stock option activity for the six months ended June 30, 2025:
WillScot OptionsWeighted-Average Exercise Price per ShareConverted
Mobile Mini Options
Weighted-Average Exercise Price per Share
Outstanding at beginning of period534,188 $13.60 814,889 $12.77 
Exercised— $— (786,204)$12.77 
Outstanding at end of period534,188 $13.60 28,685 $12.86 
Fully vested and exercisable options, June 30, 2025
534,188 $13.60 28,685 $12.86 
The following table summarizes the Company's stock option activity for the six months ended June 30, 2024:
WillScot OptionsWeighted-Average Exercise Price per ShareConverted Mobile Mini OptionsWeighted-Average Exercise Price per Share
Outstanding at beginning of period534,188 $13.60 829,246 $12.86 
Exercised— $— (7,093)$17.04 
Outstanding at end of period534,188 $13.60 822,153 $12.82 
Fully vested and exercisable options, June 30, 2024
534,188 $13.60 822,153 $12.82