Sunbelt EVP Kyle Horgan granted 76 SUNB shares
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Executive VP, Specialty, Kyle Horgan acquired 76 shares of common stock in the form of dividend equivalent units on 2026-07-10.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Executive VP, Specialty, Kyle Horgan acquired 76 shares of common stock in the form of dividend equivalent units on 2026-07-10. These units will vest and settle together with his underlying restricted stock units, bringing his directly held common shares to 95,121.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 76 shares
Grant/Award
1 txn
Insider
Horgan Kyle
Role
Executive VP, Specialty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 76 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 95,121 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent units accrued in respect of outstanding restricted stock units ("RSU") held by the Reporting Person. Each dividend equivalent unit represents the right to receive one share of the Issuer's common stock and will vest and settle with the underlying RSUs.
Key Figures
Shares acquired: 76 shares of Common Stock
Transaction price per share: $0.0000 per share
Shares owned after transaction: 95,121 shares of Common Stock
3 metrics
Shares acquired
76 shares of Common Stock
Dividend equivalent units granted on 2026-07-10
Transaction price per share
$0.0000 per share
Grant/award acquisition of dividend equivalent units
Shares owned after transaction
95,121 shares of Common Stock
Direct ownership following the 2026-07-10 grant
Key Terms
dividend equivalent units, restricted stock units ("RSU"), vest and settle
3 terms
dividend equivalent units financial
"Represents dividend equivalent units accrued in respect of outstanding"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units ("RSU") financial
"accrued in respect of outstanding restricted stock units ("RSU") held"
vest and settle financial
"and will vest and settle with the underlying RSUs"
FAQ
What insider transaction did SUNB report for Kyle Horgan?
Kyle Horgan received a grant of 76 shares of Sunbelt Rentals Holdings, Inc. common stock on 2026-07-10 through dividend equivalent units tied to his outstanding restricted stock units.
What are the 76 SUNB dividend equivalent units reported for Kyle Horgan?
The 76 units represent dividend equivalent units accrued on Horgan’s outstanding restricted stock units. Each unit represents the right to receive one share of SUNB common stock and will vest and settle with the underlying RSUs.
Was this SUNB insider transaction made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative. The reported acquisition reflects a grant of dividend equivalent units related to existing restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.