Sunbelt Rentals (SUNB) director awarded 1,189 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. director James Louis Singleton reported an equity grant from the company. He acquired 1,189 shares of Common Stock as a grant, award, or other acquisition, with no cash price per share shown for this award.
The award consists of restricted stock units that will vest on the earlier of March 2, 2027 and the day immediately preceding the date of the next annual shareholder meeting. Each restricted stock unit represents the right to receive one share of Sunbelt Rentals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singleton James Louis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,189 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,189 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SUNB director James Louis Singleton report?
James Louis Singleton reported receiving an equity grant of 1,189 shares of Sunbelt Rentals Holdings, Inc. common stock. The shares were acquired as a grant or award, rather than through an open-market purchase, according to the Form 4 filing.
How many restricted stock units did SUNB grant to director James Louis Singleton?
Sunbelt Rentals granted 1,189 restricted stock units to director James Louis Singleton. These units represent a contractual right to receive an equal number of common shares, subject to vesting conditions tied to a specific future date or the next annual shareholder meeting.
When do the SUNB restricted stock units granted to James Louis Singleton vest?
The restricted stock units granted to James Louis Singleton vest on the earlier of March 2, 2027 and the day immediately preceding Sunbelt Rentals’ next annual shareholder meeting. Vesting must occur before the underlying common shares are actually delivered to him.
What does each SUNB restricted stock unit granted to James Louis Singleton represent?
Each restricted stock unit granted to James Louis Singleton represents a contractual right to receive one share of Sunbelt Rentals common stock. Delivery of these shares depends on the vesting schedule, which is tied to a specific date or the timing of the next annual shareholder meeting.
Was the SUNB director equity grant to James Louis Singleton a market purchase?
No. The Form 4 describes the transaction as a grant, award, or other acquisition of restricted stock units, not as an open-market purchase. The transaction price per share is reported as 0.0000, consistent with a compensatory equity award from the company.