Sunbelt Rentals director granted 11 share units
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Nando Cesarone acquired 11 shares of common stock on July 10, 2026 via a grant of dividend equivalent units tied to outstanding restricted stock units.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Nando Cesarone acquired 11 shares of common stock on July 10, 2026 via a grant of dividend equivalent units tied to outstanding restricted stock units. The grant was at $0.00 per share, increasing his directly held common stock to 1,200 shares. The dividend equivalent units will vest and settle in shares together with the underlying RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 11 shares
Grant/Award
1 txn
Insider
Cesarone Nando
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,200 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
Transaction price per share: $0.00 per share
Shares owned after transaction: 1,200 shares of Common Stock
3 metrics
Shares acquired
11 shares of Common Stock
Grant of dividend equivalent units on 2026-07-10
Transaction price per share
$0.00 per share
Grant, award, or other acquisition of Common Stock
Shares owned after transaction
1,200 shares of Common Stock
Direct ownership by Nando Cesarone following the grant
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"
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"
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
"and will vest and settle with the underlying RSUs"
FAQ
What insider transaction did SUNB director Nando Cesarone report?
Director Nando Cesarone reported acquiring 11 shares of Sunbelt Rentals Holdings, Inc. common stock on July 10, 2026, through dividend equivalent units granted at $0.00 per share, related to his outstanding restricted stock units.
Does this SUNB Form 4 involve a market purchase or sale?
No. The Form 4 for Sunbelt Rentals Holdings, Inc. reports a grant of 11 dividend equivalent units tied to restricted stock units at $0.00 per share, not a market purchase or sale of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.