Sunbelt Rentals (SUNB) EVP Fuller-Andrews has 848 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lynne Fuller-Andrews, EVP & General Counsel of Sunbelt Rentals Holdings, Inc., reported a tax-related share disposition. On the vesting of restricted stock units, 848 shares of common stock were withheld at $72.34 per share to cover tax obligations. After this withholding, she directly holds 38,979 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fuller-Andrews Lynne
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 848 | $72.34 | $61K |
Holdings After Transaction:
Common Stock — 38,979 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 848 shares
Tax withholding price: $72.34 per share
Shares held after transaction: 38,979 shares
3 metrics
Shares withheld for taxes
848 shares
Withheld upon RSU vesting to cover tax obligations
Tax withholding price
$72.34 per share
Value used for the 848 withheld common shares
Shares held after transaction
38,979 shares
Direct common stock holdings after tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, Form 4, EVP & General Counsel
4 terms
restricted stock units financial
"Represents shares withheld upon the vesting of restricted stock units to pay tax withholding obligations."
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.
tax withholding obligations financial
"Represents shares withheld upon the vesting of restricted stock units to pay tax withholding obligations."
Form 4 regulatory
"Code F on the Form 4 indicates a tax-withholding disposition."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
EVP & General Counsel financial
"EVP & General Counsel Lynne Fuller-Andrews had 848 SUNB shares withheld at $72.34 to cover taxes."
FAQ
What insider transaction did Sunbelt Rentals (SUNB) report for Lynne Fuller-Andrews?
Sunbelt Rentals reported that EVP & General Counsel Lynne Fuller-Andrews had 848 common shares withheld at $72.34 per share. The shares were used to satisfy tax obligations arising from restricted stock unit vesting, rather than representing an open-market sale.
What does the Form 4 tax-withholding code F mean for Sunbelt Rentals (SUNB)?
Code F on the Form 4 indicates a tax-withholding disposition. For Sunbelt Rentals, it shows 848 shares were withheld from Lynne Fuller-Andrews’ restricted stock unit vesting to pay tax obligations, rather than being voluntarily sold in the open market.