Sunbelt Rentals (SUNB) COO receives 7,615 RSUs in multi-year equity award
Rhea-AI Filing Summary
Washburn John reported acquisition or exercise transactions in this Form 4 filing.
Sunbelt Rentals Holdings, Inc. reported that Chief Operating Officer John Washburn received a grant of 7,615 shares of common stock in the form of restricted stock units (RSUs). The award was granted at no cash cost per share as part of the company’s 2026 Omnibus Equity Incentive Plan.
Following this award, Washburn directly holds 76,657 shares of common stock. The RSUs vest over three years, with one-third scheduled to vest on each of 06/19/2027, 06/19/2028, and 06/19/2029, tying his compensation more closely to the company’s long-term performance.
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Insights
Routine RSU grant to COO with three-year vesting schedule.
The company granted Chief Operating Officer John Washburn 7,615 restricted stock units under the 2026 Omnibus Equity Incentive Plan. Each RSU represents one share of common stock, and the grant increases his direct holdings to 76,657 shares.
The RSUs vest in three equal installments on 06/19/2027, 06/19/2028, and 06/19/2029, encouraging multi-year retention and alignment with shareholders. As a non-cash, compensation-related award with no open-market buying or selling, this is a routine governance event rather than a directional trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,615 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs") granted by the Compensation Committee of the Company's Board of Directors pursuant to the Company's 2026 Omnibus Equity Incentive Plan. Each RSU represents a contractual right to receive one share of common stock of the Company. One-third of the RSUs shall vest on each of 06/19/2027, 06/19/2028 and 06/19/2029.