STOCK TITAN

Sunbelt Rentals Holdings (NYSE: SUNB) EVP receives major stock and unit awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sunbelt Rentals Holdings executive Kyle Horgan, Executive VP, Specialty, reported stock-based awards in connection with the company’s transition and stock plans. He received 27,380 shares of common stock on March 2, 2026, and 64,580 shares of common stock on February 27, 2026, both as grant or award acquisitions at no cash cost.

On February 27, 2026 he was also granted 3,115 deferred stock units, each economically equal to one common share and settled solely in cash, vesting on April 30, 2026. Footnotes describe additional restricted stock units and performance stock units that vest over 2026–2028, with PSU performance conditions deemed satisfied upon the company’s New York Stock Exchange listing.

Positive

  • None.

Negative

  • None.
Insider Horgan Kyle
Role Executive VP, Specialty
Type Security Shares Price Value
Grant/Award Common Stock 27,380 $0.00 --
Grant/Award Deferred Stock Units 3,115 $0.00 --
Grant/Award Common Stock 64,580 $0.00 --
Holdings After Transaction: Common Stock — 91,960 shares (Direct); Deferred Stock Units — 3,115 shares (Direct)
Footnotes (1)
  1. Includes 56,254 shares of common stock of the Registrant acquired in exchange for ordinary shares of Ashtead Group plc ("Ashtead") beneficially owned by the Reporting Person, upon completion of the scheme of arrangement effected by Ashtead, the Registrant's predecessor, under Part 26 of the UK Companies Act 2006. The exchange ratio was one-to-one and no cash consideration was paid or received. Includes 8,326 restricted stock units, of which 1,509 will vest on June 20, 2026; 1,770 will vest on July 4, 2026; 1,508 will vest on June 20, 2027; 1,770 will vest on July 4, 2027; and 1,769 will vest on July 4, 2028. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant. Represents performance stock units ("PSUs"), each representing a contractual right to receive one share of common stock of the registrant. The performance conditions of the PSUs were deemed satisfied on March 2, 2026, in connection with the Registrant's initial listing on the New York Stock Exchange and as further discussed in the Registrant's Registration Statement on Form 10/A filed on February 13, 2026. Of such PSUs, 7,758 will vest on June 19, 2026; 9,030 will vest on June 20, 2027; and 10,592 will vest on July 4, 2028. Represents deferred stock units which will vest on April 30, 2026. Each deferred stock unit is the economic equivalent of one share of the Registrant's common stock and is settled solely in cash.
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 SC 29715

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock 02/27/2026 A 64,580 A (1)(2) 64,580 D
Common Stock 03/02/2026 A 27,380 A (3) 91,960 D
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 (4) 02/27/2026 A 3,115 (4) (4) Common Stock 3,115 (4) 3,115 D
Explanation of Responses:
1. Includes 56,254 shares of common stock of the Registrant acquired in exchange for ordinary shares of Ashtead Group plc ("Ashtead") beneficially owned by the Reporting Person, upon completion of the scheme of arrangement effected by Ashtead, the Registrant's predecessor, under Part 26 of the UK Companies Act 2006. The exchange ratio was one-to-one and no cash consideration was paid or received.
2. Includes 8,326 restricted stock units, of which 1,509 will vest on June 20, 2026; 1,770 will vest on July 4, 2026; 1,508 will vest on June 20, 2027; 1,770 will vest on July 4, 2027; and 1,769 will vest on July 4, 2028. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant.
3. Represents performance stock units ("PSUs"), each representing a contractual right to receive one share of common stock of the registrant. The performance conditions of the PSUs were deemed satisfied on March 2, 2026, in connection with the Registrant's initial listing on the New York Stock Exchange and as further discussed in the Registrant's Registration Statement on Form 10/A filed on February 13, 2026. Of such PSUs, 7,758 will vest on June 19, 2026; 9,030 will vest on June 20, 2027; and 10,592 will vest on July 4, 2028.
4. Represents deferred stock units which will vest on April 30, 2026. Each deferred stock unit is the economic equivalent of one share of the Registrant's common stock and is settled solely in cash.
/s/ Abbey MacDonald, Attorney-in-Fact 03/03/2026
** 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.

FAQ

What did SUNB executive Kyle Horgan report in this Form 4 filing?

Kyle Horgan reported , not open-market trades. He was granted common stock, performance-related units, restricted stock units, and deferred stock units that vest over several years, reflecting long-term incentive compensation tied to Sunbelt Rentals Holdings’ equity.

How many Sunbelt Rentals (SUNB) common shares were granted to Kyle Horgan?

The filing shows grants of 27,380 common shares on March 2, 2026 and 64,580 common shares on February 27, 2026. These awards were recorded at a price of $0.00 per share, indicating no cash was paid for the acquisitions.

What are the deferred stock units disclosed for SUNB’s Kyle Horgan?

Horgan received 3,115 deferred stock units, each economically equivalent to one Sunbelt Rentals common share but settled solely in cash. These deferred stock units will vest on April 30, 2026, providing cash-settled exposure to the company’s share value.

How do performance stock units and restricted stock units vest for SUNB’s executive?

Footnotes state Horgan holds restricted stock units and performance stock units that each convert into one common share upon vesting. Various tranches vest between June 2026 and July 2028, with some performance conditions tied to Sunbelt Rentals’ New York Stock Exchange listing already deemed satisfied.

Did Kyle Horgan buy or sell SUNB shares on the open market?

The reported transactions are grants or awards, not open-market purchases or sales. All listed awards show a transaction price of $0.00 per share, indicating they are part of Sunbelt Rentals Holdings’ compensation and incentive programs for the executive.