Sunbelt director granted 11 dividend-linked shares
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Renata Ribeiro acquired 11 shares of Common Stock on July 10, 2026 through a grant classified as a dividend equivalent unit award on outstanding restricted stock units.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Renata Ribeiro acquired 11 shares of Common Stock on July 10, 2026 through a grant classified as a dividend equivalent unit award on outstanding restricted stock units. Following this award, Ribeiro directly holds 1,800 shares of Sunbelt common stock. Each dividend equivalent unit will vest and settle in one share of common stock at the same time as the underlying RSUs.
Positive
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Negative
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Insider Trade Summary
Grant/Award: 11 shares
Grant/Award
1 txn
Insider
Ribeiro Renata
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,800 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 granted: 11 shares of Common Stock
Grant price per share: $0.00 per share
Shares owned after transaction: 1,800 shares of Common Stock
3 metrics
Shares granted
11 shares of Common Stock
Grant on July 10, 2026 as dividend equivalent units
Grant price per share
$0.00 per share
Dividend equivalent unit award classified as a grant/award acquisition
Shares owned after transaction
1,800 shares of Common Stock
Direct ownership by Renata Ribeiro following the July 10, 2026 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 disclose for Renata Ribeiro?
Sunbelt Rentals Holdings, Inc. disclosed that director Renata Ribeiro received a grant of 11 shares of Common Stock on July 10, 2026, in the form of dividend equivalent units tied to her outstanding restricted stock units.
Was the SUNB transaction a market purchase or a grant?
It was a grant, coded as an “A” transaction (grant, award, or other acquisition), representing dividend equivalent units issued at a price of $0.00 per share, not a market purchase.
How do the SUNB dividend equivalent units for Renata Ribeiro vest?
Each dividend equivalent unit represents the right to receive one share of SUNB common stock and will vest and settle at the same time and on the same terms as the underlying restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
