Sunbelt director gains 11 dividend-equivalent units
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Jill Easterbrook acquired additional equity-linked units in the company.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Jill Easterbrook acquired additional equity-linked units in the company. On 2026-07-10, she received 11 dividend equivalent units related to outstanding restricted stock units, at a reported price of $0.00 per unit, bringing her direct holdings to 1,200 shares of common stock. Each dividend equivalent unit represents the right to receive one share of common stock and will vest and settle together with the underlying restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 11 shares
Grant/Award
1 txn
Insider
Easterbrook Jill
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,200 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
Dividend equivalent units acquired: 11 units
Price per unit: $0.00 per unit
Shares held after transaction: 1,200 shares
3 metrics
Dividend equivalent units acquired
11 units
Accrued in respect of outstanding RSUs on 2026-07-10
Price per unit
$0.00 per unit
Reported acquisition price for the 11 dividend equivalent units
Shares held after transaction
1,200 shares
Direct holdings of SUNB common stock by Jill Easterbrook following the transaction
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 Jill Easterbrook report on this Form 4?
Director Jill Easterbrook reported an acquisition of 11 dividend equivalent units tied to outstanding restricted stock units on 2026-07-10, with a reported price of $0.00 per unit. Each unit represents the right to receive one share of Sunbelt Rentals Holdings, Inc. common stock.
What are the 11 units acquired by Jill Easterbrook in SUNB?
The 11 units are dividend equivalent units accrued in respect of outstanding restricted stock units. Each dividend equivalent unit represents the right to receive one share of Sunbelt Rentals Holdings, Inc. common stock and will vest and settle on the same schedule as the underlying restricted stock units.
Did SUNB receive any cash from Jill Easterbrook’s reported Form 4 transaction?
The Form 4 reports a grant of 11 dividend equivalent units at a price of $0.00 per unit, indicating this was a compensation-related equity accrual rather than a cash purchase, and it does not describe any cash proceeds paid to Sunbelt Rentals Holdings, Inc. from this transaction.
Was Jill Easterbrook’s SUNB transaction made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (set to false), and the footnote does not state that the transaction was made pursuant to a Rule 10b5-1 trading plan. It is described as dividend equivalent units accrued on restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.