Sunbelt Rentals (SUNB) SVP has 449 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. insider Barbara Clark, SVP & Chief Accounting Officer, reported a routine tax-withholding transaction involving company stock. On this date, 449 shares of common stock were withheld at a price of $72.34 per share to cover tax obligations upon the vesting of restricted stock units, rather than being sold on the open market. After this non-market disposition, Clark directly holds 38,272 shares of Sunbelt Rentals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clark Barbara
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 449 | $72.34 | $32K |
Holdings After Transaction:
Common Stock — 38,272 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 449 shares
Withholding price per share: $72.34 per share
Shares held after transaction: 38,272 shares
3 metrics
Shares withheld for taxes
449 shares
Tax-withholding disposition tied to RSU vesting
Withholding price per share
$72.34 per share
Price applied to withheld common stock
Shares held after transaction
38,272 shares
Direct holdings of common stock after withholding
Key Terms
restricted stock units, tax withholding obligations, Common Stock
3 terms
restricted stock units financial
"Represents shares withheld upon the vesting of restricted stock units to pay tax withholding obligations."
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.
tax withholding obligations financial
"Represents shares withheld upon the vesting of restricted stock units to pay tax withholding obligations."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Sunbelt Rentals (SUNB) insider Barbara Clark report in this Form 4?
Barbara Clark reported a tax-related share disposition, not an open-market trade. 449 Sunbelt Rentals common shares were withheld to cover taxes when restricted stock units vested, leaving her with 38,272 directly held shares afterward.
Was the Sunbelt Rentals (SUNB) Form 4 transaction a stock sale in the market?
The transaction was not an open-market sale. The 449 shares of Sunbelt Rentals common stock were withheld by the company to satisfy tax withholding obligations upon RSU vesting, a routine administrative event rather than a discretionary trade.
What does the footnote in Barbara Clark’s Sunbelt Rentals (SUNB) Form 4 explain?
The footnote explains the 449 shares were withheld upon vesting of restricted stock units to pay tax withholding obligations. It clarifies the event is related to RSU vesting mechanics, not a voluntary purchase or sale of Sunbelt Rentals shares.