Sunbelt Rentals (SUNB) COO sells 6,702 shares and cash-settles deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. Chief Operating Officer John Washburn reported several equity-related transactions. He settled 3,762 Deferred Stock Units for cash at $76.53 per unit under a deferred bonus plan, with no common shares issued. He also completed two open-market sales totaling 6,702 common shares at prices of $70.00 and $72.50 per share and now holds 69,043 common shares directly.
Positive
- None.
Negative
- None.
Insights
COO executed modest stock sales and cashed out deferred units, retaining a sizable stake.
Chief Operating Officer John Washburn settled 3,762 Deferred Stock Units for cash at $76.53 per unit under the 2017 Deferred Bonus Plan, and no new common shares were issued from this settlement. This is a compensation-related, non-market event.
He also executed two open-market sales of common stock: 3,351 shares at $70.00 on July 8, 2026 and 3,351 shares at $72.50 on July 9, 2026, totaling 6,702 shares. After these trades, he directly holds 69,043 common shares, indicating continued equity exposure despite some profit-taking.
Insider Trade Summary
Net Seller: 6,702 shares ($477,518)
Net Sell
3 txns
Insider
Washburn John
Role
Chief Operating Officer
Sold
6,702 shs ($478K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Deferred Stock Units | 3,762 | $0.00 | -- |
| Sale | Common Stock | 3,351 | $72.50 | $243K |
| Sale | Common Stock | 3,351 | $70.00 | $235K |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct, null);
Common Stock — 69,043 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred Stock Units settled: 3,762 units
DSU settlement price: $76.53 per unit
Shares sold July 8, 2026: 3,351 shares at $70.00
+3 more
6 metrics
Deferred Stock Units settled
3,762 units
Cash settlement of deferred stock units at $76.53 per unit under 2017 Deferred Bonus Plan
DSU settlement price
$76.53 per unit
Closing price of common stock on April 30, 2026 used for DSU cash settlement
Shares sold July 8, 2026
3,351 shares at $70.00
Open-market sale of common stock on July 8, 2026
Shares sold July 9, 2026
3,351 shares at $72.50
Open-market sale of common stock on July 9, 2026
Total shares sold
6,702 shares
Combined open-market sales of common stock reported in this Form 4
Shares held after transactions
69,043 shares
Direct common stock holdings of COO after reported sales
Key Terms
Deferred Stock Units, 2017 Deferred Bonus Plan, open-market sale, cash settlement
4 terms
Deferred Stock Units financial
"Represents cash settlement of deferred stock units at a value of $76.53 per unit"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2017 Deferred Bonus Plan financial
"pursuant to the Issuer's 2017 Deferred Bonus Plan; no shares of common stock"
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
cash settlement financial
"Represents cash settlement of deferred stock units at a value of $76.53 per unit"
Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.
FAQ
What insider transactions did SUNB COO John Washburn report in this Form 4?
COO John Washburn reported cash settlement of 3,762 Deferred Stock Units and two open-market sales totaling 6,702 common shares. After these transactions, he holds 69,043 common shares directly in Sunbelt Rentals Holdings, Inc. common stock.
What happened to John Washburn’s Deferred Stock Units in this SUNB Form 4?
He settled 3,762 Deferred Stock Units for cash at $76.53 per unit, the common stock closing price on April 30, 2026, under the 2017 Deferred Bonus Plan. The filing states that no common shares were issued upon this settlement.
Is John Washburn’s Sunbelt Rentals (SUNB) Form 4 primarily a buy or sell filing?
The Form 4 reflects a net-sell pattern. It reports two open-market sales totaling 6,702 shares of common stock, alongside a cash-only settlement of 3,762 Deferred Stock Units that did not issue any new shares.