Sunbelt Rentals Holdings (SUNB) EVP records 16,822-share equity award
Rhea-AI Filing Summary
Fuller-Andrews Lynne reported acquisition or exercise transactions in this Form 4 filing.
Sunbelt Rentals Holdings, Inc. reports that EVP & General Counsel Lynne Fuller-Andrews has a Form 4 award entry covering 16,822 shares and units of common stock dated February 27, 2026. This amount includes 7,820 shares received in a one-for-one exchange for Ashtead Group plc ordinary shares and 9,002 restricted stock units, each representing the right to one Sunbelt common share.
The restricted stock units vest in tranches between June 20, 2026 and July 4, 2028. According to the amendment, Fuller-Andrews directly beneficially owns 46,799 shares of common stock as of the filing of this Form 4/A.
Positive
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Insider Trade Summary
Net Buyer: 16,822 shares
Net Buy
1 txn
Insider
Fuller-Andrews Lynne
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2, F3 | 16,822 | -- | -- |
Holdings After Transaction:
Common Stock — 16,822 shares (Direct)
Footnotes (3)
- F1. Includes 7,820 shares of common stock of the Registrant acquired in exchange for ordinary shares of Ashtead Group plc ("Ashtead") beneficially owned by the Reporting Person, upon completion of the scheme of arrangement effected by Ashtead, the Registrant's predecessor, under Part 26 of the UK Companies Act 2006. The exchange ratio was one-to-one and no cash consideration was paid or received.
- F2. Includes 9,002 restricted stock units, of which 1,632 will vest on June 20, 2026; 1,913 will vest on July 4, 2026; 1,632 will vest on June 20, 2027; 1,913 will vest on July 4, 2027; and 1,912 will vest on July 4, 2028. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant.
- F3. This Form 4 amendment is being filed to correct the inadvertent omission in the original report of 7,820 shares of Sunbelt common stock acquired by the Reporting Person in exchange for ordinary shares of Ashtead previously held in a vested share account with registrar and transfer agent. The Reporting Person's total beneficial ownership following the reported transaction in Column 5 of Table I has been adjusted to reflect these additional shares. As of the filing of this amendment, the Reporting Person directly beneficially owns 46,799 shares of common stock.
Key Figures
Award-related shares and units: 16,822 shares and units
Ashtead exchange shares: 7,820 shares of common stock
Restricted stock units: 9,002 restricted stock units
+3 more
6 metrics
Award-related shares and units
16,822 shares and units
Non-derivative grant/award acquisition entry dated 2026-02-27
Ashtead exchange shares
7,820 shares of common stock
Acquired in one-for-one exchange for Ashtead Group plc ordinary shares with no cash consideration
Restricted stock units
9,002 restricted stock units
Each unit is a contractual right to receive one share of Sunbelt common stock
RSUs vesting June 20, 2026
1,632 units
First RSU tranche scheduled to vest on June 20, 2026
RSUs vesting July 4, 2026
1,913 units
Second RSU tranche scheduled to vest on July 4, 2026
Current direct beneficial ownership
46,799 shares of common stock
Directly beneficially owned by Lynne Fuller-Andrews as of the Form 4/A filing
Key Terms
restricted stock units, scheme of arrangement, beneficially owns, exchange ratio, +1 more
5 terms
restricted stock units financial
"Includes 9,002 restricted stock units, of which 1,632 will vest on June 20, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
scheme of arrangement regulatory
"upon completion of the scheme of arrangement effected by Ashtead, the Registrant's predecessor"
A scheme of arrangement is a legal agreement between a company and its shareholders or creditors to reorganize or settle debts, often to avoid bankruptcy or make big changes. It’s like a carefully planned handshake that everyone agrees to, helping the company stay afloat or improve its financial health.
beneficially owns financial
"As of the filing of this amendment, the Reporting Person directly beneficially owns 46,799 shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
exchange ratio financial
"The exchange ratio was one-to-one and no cash consideration was paid or received"
The exchange ratio is the number used to decide how many shares of one company you get for each share you own in another company during a merger or acquisition. It’s like a recipe that tells you how to swap shares fairly, ensuring both companies’ values are balanced. This ratio matters because it determines how ownership divides between the companies' shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transaction did Sunbelt Rentals (SUNB) disclose in this Form 4/A?
Sunbelt Rentals Holdings, Inc. disclosed that EVP & General Counsel Lynne Fuller-Andrews has a Form 4 award entry covering 16,822 shares and units of common stock, coded as a grant, award, or other acquisition dated February 27, 2026.
What are the terms of the 9,002 restricted stock units reported by Sunbelt Rentals (SUNB)?
The filing notes 9,002 restricted stock units, each a contractual right to receive one Sunbelt common share. These RSUs vest in tranches on June 20, 2026 and 2027, and July 4, 2026, 2027, and 2028, spreading vesting through mid-2028.
Why was this Sunbelt Rentals (SUNB) insider report filed as a Form 4 amendment?
The amendment corrects an inadvertent omission of 7,820 Sunbelt shares that had been acquired via an Ashtead share exchange and held in a vested share account. The total beneficial ownership figure is adjusted accordingly in Column 5 and restated as 46,799 shares.
Over what period do the Sunbelt Rentals (SUNB) restricted stock units for Fuller-Andrews vest?
The 9,002 restricted stock units vest in five tranches: 1,632 units on June 20, 2026 and 2027, 1,913 units on July 4, 2026 and 2027, and 1,912 units on July 4, 2028, extending vesting over roughly two years.