Director at Sunbelt Rentals (SUNB) acquires stock through equity grants and exchanges
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunbelt Rentals Holdings director Angus Cockburn reported two stock acquisitions. On March 2, 2026, he acquired 1,189 shares of common stock at a stated price of $0.00 per share, bringing his direct holdings to 2,189 shares.
On February 27, 2026, he was granted 1,000 shares of common stock at a stated price of $0.00 per share, resulting in 1,000 directly owned shares after that transaction. A related footnote states that some stock was acquired in exchange for ordinary shares of Ashtead Group plc on a one-to-one basis with no cash consideration, and that certain restricted stock units will vest on the earlier of March 2, 2027 or immediately before the next annual shareholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cockburn Angus
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,189 | $0.00 | -- |
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,189 shares (Direct)
Footnotes (1)
- Represents common stock of the Registrant acquired in exchange for ordinary shares of Ashtead Group plc ("Ashtead") beneficially owned by the Reporting Person, upon completion of the scheme of arrangement effected by Ashtead, the Registrant's predecessor, under Part 26 of the UK Companies Act 2006. The exchange ratio was one-to-one and no cash consideration was paid or received. Represents restricted stock units which 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 a contractual right to receive one share of common stock of the Registrant.
FAQ
What insider transactions did Angus Cockburn report at Sunbelt Rentals (SUNB)?
Angus Cockburn reported two acquisitions of Sunbelt Rentals common stock. He received 1,189 shares on March 2, 2026 and 1,000 shares on February 27, 2026, both at a stated price of $0.00 per share as equity awards or exchanges.
Were cash payments involved in Angus Cockburn’s Sunbelt Rentals (SUNB) stock acquisitions?
No cash payments were involved in these transactions. Both acquisitions list a transaction price of $0.00 per share, and a footnote explains that certain shares were acquired in a one-to-one exchange for Ashtead Group plc ordinary shares with no cash consideration.
How do restricted stock units affect Angus Cockburn’s future Sunbelt Rentals (SUNB) share ownership?
A footnote states that certain restricted stock units will vest on the earlier of March 2, 2027 or immediately before the next annual shareholder meeting. Each restricted stock unit represents a contractual right to receive one share of Sunbelt Rentals common stock when it vests.
Is Angus Cockburn buying or selling Sunbelt Rentals (SUNB) stock in this Form 4?
The Form 4 reports acquisitions only, not sales. Both transactions are coded as grants or other acquisitions of common stock, classified as non-derivative awards with zero-dollar stated prices rather than open-market purchases or disposals.