Sunbelt Rentals director awarded 2,354 restricted stock units
A Sunbelt Rentals Holdings director received a grant of 2,354 restricted stock units that could vest as early as just before the company’s next annual stockholders meeting.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director Ekta Singh-Bushell acquired 2,354 shares of common stock on September 1, 2026 through a grant of restricted stock units. These units vest on the earlier of September 1, 2027 or the day immediately preceding the next annual stockholders meeting, after which each unit will deliver one share of common stock. Following this award, she holds 2,557 shares directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,354 shares
Grant/Award
1 txn
Insider
Singh-Bushell Ekta
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,354 | -- | -- |
Holdings After Transaction:
Common Stock — 2,557 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units which will vest on the earlier of September 1, 2027, and the day immediately preceding the date of the next annual meeting of stockholders. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant.
Key Figures
Restricted stock units granted: 2,354 units
Shares held after transaction: 2,557 shares
Vesting date trigger: September 1, 2027
3 metrics
Restricted stock units granted
2,354 units
Grant to director Ekta Singh-Bushell on September 1, 2026
Shares held after transaction
2,557 shares
Direct ownership following the award
Vesting date trigger
September 1, 2027
Latest possible vesting date, or earlier if before next annual meeting
Key Terms
restricted stock units, contractual right, annual meeting of stockholders
3 terms
restricted stock units financial
"Represents restricted stock units which will vest on the earlier of September 1, 2027"
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.
contractual right financial
"Each restricted stock unit represents a contractual right to receive one share"
annual meeting of stockholders financial
"the day immediately preceding the date of the next annual meeting of stockholders"
FAQ
What insider transaction did SUNB disclose for Ekta Singh-Bushell?
The company disclosed that director Ekta Singh-Bushell received a grant of 2,354 restricted stock units of Sunbelt Rentals Holdings, Inc. common stock on September 1, 2026 as a compensation-related award.
When do the newly granted SUNB restricted stock units vest?
The 2,354 restricted stock units vest on the earlier of September 1, 2027 and the day immediately preceding the date of the next annual meeting of stockholders, according to the company’s disclosure.
Does this SUNB Form 4 transaction involve a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so the reported transaction is not affirmed as being made under a Rule 10b5-1 trading plan.
What does each SUNB restricted stock unit represent in this grant?
Each restricted stock unit in this grant represents a contractual right to receive one share of Sunbelt Rentals Holdings, Inc. common stock upon vesting, as described in the footnote.
Is the SUNB insider transaction a market purchase or sale?
No. The Form 4 describes the transaction as a grant or award acquisition of 2,354 restricted stock units, not an open-market purchase or sale of existing shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.