Sunbelt Rentals SVP settles 3,166 deferred units in cash
Sunbelt Rentals Holdings, Inc. reported that SVP & Chief Accounting Officer Barbara Clark had 3,166 Deferred Stock Units settled in cash.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. reported that SVP & Chief Accounting Officer Barbara Clark had 3,166 Deferred Stock Units settled in cash. The units were valued at $76.53 per unit, based on the closing price of common stock on April 30, 2026, under the 2017 Deferred Bonus Plan. The settlement was fully in cash and no shares of common stock were issued, leaving no Deferred Stock Units reported as outstanding from this grant.
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Insights
Deferred stock units were settled in cash with no new shares issued.
SVP & Chief Accounting Officer Barbara Clark had 3,166 Deferred Stock Units settled in cash at $76.53 per unit, tied to the common stock closing price on April 30, 2026. This stems from the company’s 2017 Deferred Bonus Plan, which allows compensation to be deferred into stock-based units.
The footnote clarifies that the settlement produced cash only and that no shares of common stock were issued upon settlement. As a result, this transaction does not change the public share count and has neutral dilution impact. It is recorded as an "other" restructuring-type transaction rather than a buy or sell.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Deferred Stock Units F1 | 3,166 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents cash settlement of deferred stock units at a value of $76.53 per unit, the closing price of the Issuer's common stock on April 30, 2026, pursuant to the Issuer's 2017 Deferred Bonus Plan; no shares of common stock were issued upon settlement.
Key Figures
Key Terms
Deferred Stock Units financial
2017 Deferred Bonus Plan financial
cash settlement financial
underlying security financial
FAQ
What did SUNB executive Barbara Clark report in this Form 4?
How many deferred stock units were settled for SUNB’s Barbara Clark?
At what value were Barbara Clark’s SUNB deferred stock units settled?
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What was Barbara Clark’s deferred stock unit balance after this SUNB transaction?
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