Sunbelt Rentals (SUNB) CEO Brendan Horgan receives major stock and unit awards

Rhea-AI Filing Summary

Sunbelt Rentals Holdings, Inc. reported that Chief Executive Officer Brendan Horgan acquired equity awards rather than buying shares on the open market. On March 2, 2026, he received a grant of 257,422 shares of common stock, bringing his directly held common stock to 727,401 shares.

On February 27, 2026, he was granted 469,979 shares of common stock and 12,890 deferred stock units, all at a stated price of zero as compensation awards. Footnotes state that 419,000 common shares came from a one-for-one exchange of Ashtead Group plc shares with no cash consideration, and describe additional restricted and performance stock units and their future vesting schedules. The deferred stock units vest on April 30, 2026 and are settled solely in cash.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Horgan Brendan

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	257,422	$0.00	--
Grant/Award	Deferred Stock Units	12,890	$0.00	--
Grant/Award	Common Stock	469,979	$0.00	--

Holdings After Transaction: Common Stock — 727,401 shares (Direct); Deferred Stock Units — 12,890 shares (Direct)

Footnotes (1)

1. Includes 419,000 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 50,979 restricted stock units, of which 9,356 will vest on July 4, 2026; 7,637 will vest on September 19, 2026; 9,356 will vest on July 4, 2027; 7,637 will vest on September 19, 2027; 9,356 will vest on July 4, 2028; and 7,637 will vest on September 19, 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, 48,946 will vest on June 19, 2026; 96,486 will vest on June 20, 2027; and 111,990 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.

Form 4 Insider Transactions: What Each Field Means →

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 Brendan

(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)

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

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		469,979	A	(1)(2)	469,979	D
Common Stock	03/02/2026		A		257,422	A	(3)	727,401	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		12,890		(4)	(4)	Common Stock	12,890	(4)	12,890	D

Explanation of Responses:

1. Includes 419,000 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 50,979 restricted stock units, of which 9,356 will vest on July 4, 2026; 7,637 will vest on September 19, 2026; 9,356 will vest on July 4, 2027; 7,637 will vest on September 19, 2027; 9,356 will vest on July 4, 2028; and 7,637 will vest on September 19, 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, 48,946 will vest on June 19, 2026; 96,486 will vest on June 20, 2027; and 111,990 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 insider transactions did Sunbelt Rentals Holdings (SUNB) report for Brendan Horgan?

Brendan Horgan reported three acquisition transactions from equity awards, not market purchases. He received 727,401 common shares in total direct holdings after grants on February 27 and March 2, 2026, plus 12,890 deferred stock units as additional compensation-linked instruments.

How many Sunbelt Rentals (SUNB) common shares did Brendan Horgan acquire through recent awards?

Brendan Horgan acquired 257,422 common shares on March 2, 2026 and 469,979 common shares on February 27, 2026 via grants. These awards brought his directly held common stock position to 727,401 shares following the March 2, 2026 transaction, according to the filing details.

What are the key details of Brendan Horgan’s deferred stock units at Sunbelt Rentals (SUNB)?

He was granted 12,890 deferred stock units on February 27, 2026. A footnote explains these deferred stock units will vest on April 30, 2026. Each deferred stock unit is the economic equivalent of one share of common stock but is settled solely in cash rather than shares.

How did Brendan Horgan’s Ashtead Group plc shares convert into Sunbelt Rentals (SUNB) stock?

A footnote states that 419,000 common shares of Sunbelt Rentals were acquired in exchange for ordinary shares of Ashtead Group plc. The exchange ratio was one-to-one, and no cash consideration was paid or received when the scheme of arrangement was completed.

What performance stock units and restricted stock units does Brendan Horgan hold at Sunbelt Rentals (SUNB)?

Footnotes describe 50,979 restricted stock units with scheduled vesting dates from July 4, 2026 through September 19, 2028. They also describe performance stock units whose conditions were satisfied on March 2, 2026, with tranches vesting in 2026, 2027, and 2028 on specified dates.