Sunbelt Rentals EVP settles 3,115 deferred stock units in cash

Sunbelt Rentals Holdings, Inc. Executive VP, Specialty, Kyle Horgan reported a restructuring-type transaction involving 3,115 Deferred Stock Units.

Rhea-AI Filing Summary

Sunbelt Rentals Holdings, Inc. Executive VP, Specialty, Kyle Horgan reported a restructuring-type transaction involving 3,115 Deferred Stock Units. These units were cash-settled at a value of $76.53 per unit, based on the common stock closing price on April 30, 2026, and no common shares were issued, leaving this award with zero units outstanding.

Insider Trade Summary

Other: 3,115 shares

Other 1 txn

Insider Horgan Kyle

Role Executive VP, Specialty

Type	Security	Shares	Price	Value
Other	Deferred Stock Units F1	3,115	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 0 contracts (Direct)

Footnotes (1)

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

Deferred Stock Units settled: 3,115 units Settlement value per unit: $76.53 per unit Deferred Stock Units following transaction: 0 units

3 metrics

Deferred Stock Units settled 3,115 units Number of Deferred Stock Units involved in the restructuring-type transaction

Settlement value per unit $76.53 per unit Closing price of common stock on April 30, 2026 used for cash settlement

Deferred Stock Units following transaction 0 units Total Deferred Stock Units from this award remaining after cash settlement

Key Terms

Deferred Stock Units, cash settlement, 2017 Deferred Bonus Plan, Other acquisition or disposition

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.

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.

2017 Deferred Bonus Plan financial

"pursuant to the Issuer's 2017 Deferred Bonus Plan; no shares of common stock were issued"

Other acquisition or disposition financial

"transaction_code_description: Other acquisition or disposition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SUNB executive Kyle Horgan report on this Form 4?

Kyle Horgan reported a restructuring transaction involving 3,115 Deferred Stock Units. These units were settled in cash, based on Sunbelt Rentals Holdings, Inc. common stock’s closing price, rather than through the issuance of shares.

How many Sunbelt Rentals (SUNB) deferred stock units were settled for Kyle Horgan?

The filing shows a cash settlement of 3,115 Deferred Stock Units. After this settlement, the number of deferred stock units from this particular award is reported as zero units remaining in Horgan’s holdings.

At what value were Kyle Horgan’s SUNB deferred stock units settled?

The deferred stock units were settled at $76.53 per unit, which is stated as the closing price of Sunbelt Rentals common stock on April 30, 2026, used for valuing the cash settlement.

Did Sunbelt Rentals (SUNB) issue any common shares in Kyle Horgan’s reported transaction?

No, the footnote specifies that no shares of common stock were issued upon settlement. The 3,115 Deferred Stock Units were satisfied entirely through a cash settlement mechanism instead of stock delivery.

What plan governed the SUNB deferred stock unit settlement for Kyle Horgan?

The transaction was carried out under the company’s 2017 Deferred Bonus Plan. This plan allowed Horgan’s Deferred Stock Units to be settled in cash based on the common stock’s market closing price on the specified date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/10/2026 - 05:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Horgan Kyle

(Last) (First) (Middle)

1799 INNOVATION PT

(Street)

FORT MILL SOUTH CAROLINA 29715

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sunbelt Rentals Holdings, Inc. [ SUNB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP, Specialty

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	07/10/2026		J			3,115	(1)	(1)	Common Stock	3,115	(1)	0	D

Explanation of Responses:

1. 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.

	/s/ Gerald W. Clanton, Attorney-in-Fact	07/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)