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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.

(Neutral)
(Neutral)
Form Type
4

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 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)
  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.
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
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.

How many SUNB shares does Nando Cesarone hold after this Form 4?

After the reported transaction, Nando Cesarone directly holds 1,200 shares of Sunbelt Rentals Holdings, Inc. common stock, including the 11 shares represented by newly accrued dividend equivalent units tied to his RSUs.

What was the price of the SUNB shares acquired in this Form 4?

The 11 shares of Sunbelt Rentals Holdings, Inc. common stock reported on this Form 4 were acquired at $0.00 per share, as they represent a grant of dividend equivalent units associated with outstanding restricted stock units.

How were the additional SUNB shares granted to Nando Cesarone structured?

The additional exposure to 11 shares of SUNB common stock came as dividend equivalent units accrued on outstanding restricted stock units. Each unit represents the right to receive one share and will vest and settle in step with the underlying RSUs.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Cesarone Nando

(Last)(First)(Middle)
1799 INNOVATION PT

(Street)
FORT MILL SOUTH CAROLINA 29715

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sunbelt Rentals Holdings, Inc. [ SUNB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/10/2026A11(1)A$0.001,200D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Gerald W. Clanton, Attorney-in-Fact08/21/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)