Sunbelt Rentals director awarded 11 dividend shares

Q: What insider transaction did SUNB director Paul Ashton Walker report?

Paul Ashton Walker reported an acquisition of 11 shares of Sunbelt Rentals Holdings, Inc. (SUNB) common stock on 2026-07-10, received at $0.00 per share as dividend equivalent units related to his restricted stock units.

Q: What is the nature of the 11 SUNB shares acquired by Paul Ashton Walker?

The 11 shares of SUNB represent dividend equivalent units accrued on outstanding restricted stock units. Each unit corresponds to one share of common stock and will vest and settle together with the underlying RSUs.

Q: Was the SUNB Form 4 transaction made under a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox is not affirmed (set to false), and the filing does not describe the transaction as made under a Rule 10b5-1 trading plan.

Sunbelt Rentals Holdings, Inc. (SUNB) reported an insider equity award for director Paul Ashton Walker.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sunbelt Rentals Holdings, Inc. (SUNB) reported an insider equity award for director Paul Ashton Walker. On 2026-07-10, he acquired 11 shares of common stock at $0.00 per share, representing dividend equivalent units tied to his outstanding restricted stock units. Following this grant, he directly holds 15,200 SUNB common shares.

Insider Trade Summary

Grant/Award: 11 shares

Grant/Award 1 txn

Insider Walker Paul Ashton

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock ^F1	11	$0.00	$0.00

Holdings After Transaction: Common Stock — 15,200 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: 11 shares of Common Stock Transaction price per share: $0.00 per share Shares owned after transaction: 15,200 shares of Common Stock

3 metrics

Shares acquired 11 shares of Common Stock Grant/award acquisition on 2026-07-10

Transaction price per share $0.00 per share Equity award (dividend equivalent units) on 2026-07-10

Shares owned after transaction 15,200 shares of Common Stock Direct ownership following 2026-07-10 award

Key Terms

dividend equivalent units, restricted stock units, vest and settle

3 terms

dividend equivalent units financial

"Represents dividend equivalent units accrued in respect of outstanding restricted stock units"

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 the Reporting Person"

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

"will vest and settle with the underlying RSUs"

FAQ

What insider transaction did SUNB director Paul Ashton Walker report?

Paul Ashton Walker reported an acquisition of 11 shares of Sunbelt Rentals Holdings, Inc. (SUNB) common stock on 2026-07-10, received at $0.00 per share as dividend equivalent units related to his restricted stock units.

How many SUNB shares does Paul Ashton Walker own after this Form 4 transaction?

After the reported transaction, Paul Ashton Walker directly owns 15,200 shares of Sunbelt Rentals Holdings, Inc. (SUNB) common stock, as stated in the Form 4 filing.

What is the nature of the 11 SUNB shares acquired by Paul Ashton Walker?

The 11 shares of SUNB represent dividend equivalent units accrued on outstanding restricted stock units. Each unit corresponds to one share of common stock and will vest and settle together with the underlying RSUs.

Did Paul Ashton Walker buy or sell any SUNB shares on the market in this Form 4?

No market purchases or sales were reported. The Form 4 shows a single grant/award acquisition of 11 shares of SUNB common stock at $0.00 per share, arising from dividend equivalent units on RSUs.

Was the SUNB Form 4 transaction made under a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox is not affirmed (set to false), and the filing does not describe the transaction as made under a Rule 10b5-1 trading plan.

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

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Available on EDGAR 08/21/2026 - 05:01 PM Accepted by SEC EDGAR 08/21/2026 - 05:00 PM

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^*

Walker Paul Ashton

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/10/2026		A		11⁽¹⁾	A	$0.00	15,200	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	/s/ Gerald W. Clanton, Attorney-in-Fact	08/21/2026
	** 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)

Source: View Original Filing on SEC EDGAR