Sunbelt Rentals director awarded 11 dividend units
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Angus Cockburn acquired 11 shares of Common Stock on July 10, 2026.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Angus Cockburn acquired 11 shares of Common Stock on July 10, 2026. These are dividend equivalent units credited on his existing restricted stock units, with each unit representing the right to receive one common share, and they will vest and settle along with the underlying RSUs. Following this accrual, he holds 2,200 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 11 shares
Grant/Award
1 txn
Insider
Cockburn Angus
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,200 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
Total holdings after transaction: 2,200 shares of Common Stock
Transaction price per share: $0.0000
3 metrics
Shares acquired
11 shares of Common Stock
Dividend equivalent units credited on July 10, 2026
Total holdings after transaction
2,200 shares of Common Stock
Direct ownership by Angus Cockburn following July 10, 2026 award
Transaction price per share
$0.0000
Grant, award, or other acquisition of dividend equivalent units
Key Terms
dividend equivalent units, restricted stock units, will 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"
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.
will vest and settle financial
"and will vest and settle with the underlying RSUs"
FAQ
What insider transaction did SUNB disclose in this Form 4?
Sunbelt Rentals Holdings, Inc. disclosed that director Angus Cockburn acquired 11 shares of Common Stock on July 10, 2026 via a grant of dividend equivalent units tied to his existing RSUs.
Was the SUNB Form 4 transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the July 10, 2026 transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.