Sunbelt Rentals COO shares withheld for RSU taxes
Sunbelt Rentals Holdings, Inc. Chief Operating Officer John Washburn reported a routine tax-related share disposition linked to equity compensation.
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Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. Chief Operating Officer John Washburn reported a routine tax-related share disposition linked to equity compensation. When restricted stock units vested, 912 shares of common stock were withheld at $72.34 per share to cover tax withholding obligations rather than being sold on the open market. After this withholding, Washburn directly holds 75,745 shares of Sunbelt Rentals common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 912 | $72.34 | $66K |
Footnotes (1)
- F1. Represents shares withheld upon the vesting of restricted stock units to pay tax withholding obligations.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Chief Operating Officer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sunbelt Rentals (SUNB) report for John Washburn?
Was the Sunbelt Rentals (SUNB) COO’s Form 4 transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.