Sunbelt Rentals director granted 9 stock units
Director James Louis Singleton received a small dividend-equivalent RSU-related share award, bringing his direct SUNB holdings to 3,563 shares.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) director James Louis Singleton reported an acquisition of 9 shares of common stock on September 18, 2026, as a grant of dividend equivalent units tied to his outstanding restricted stock units. These units will vest and settle together with the underlying RSUs. After this award, he directly holds 3,563 shares of common stock. No transactions were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9 shares
Grant/Award
1 txn
Insider
Singleton James Louis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 9 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 3,563 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent units accrued in respect of outstanding restricted stock units ("RSU") held by the Reporting Person. Each dividend equivalent unit represents the right to receive one share of the Issuer's common stock and will vest and settle with the underlying RSUs.
Key Figures
Shares acquired: 9 shares
Price per share: $0.00 per share
Shares owned after transaction: 3,563 shares
3 metrics
Shares acquired
9 shares
Grant/award acquisition on September 18, 2026
Price per share
$0.00 per share
Reported for the 9-share grant/award acquisition
Shares owned after transaction
3,563 shares
Direct holdings of common stock following the award
Key Terms
dividend equivalent units, restricted stock units, vest and settle, grant, award, or other acquisition
4 terms
dividend equivalent units financial
"Represents dividend equivalent units accrued in respect of outstanding restricted"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units financial
"accrued in respect of outstanding restricted stock units ("RSU") held by"
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.
vest and settle financial
"and will vest and settle with the underlying RSUs."
grant, award, or other acquisition financial
"transaction coded as a Grant, award, or other acquisition of common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SUNB director James Louis Singleton report?
He reported an acquisition of 9 shares of Sunbelt Rentals Holdings, Inc. common stock on September 18, 2026. The acquisition was a grant of dividend equivalent units related to his existing restricted stock units, not an open-market purchase.
Was James Louis Singleton’s SUNB transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, indicating that the reported acquisition of 9 shares was not made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.