Sunbelt Rentals (SUNB) VP has 803 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. Executive VP, Specialty, Kyle Horgan reported a routine tax-related share disposition. On the vesting of restricted stock units, 803 shares of Common Stock were withheld at $72.34 per share to cover tax withholding obligations. After this withholding, Horgan directly holds 95,045 shares of Sunbelt Rentals Holdings, Inc. common stock. This event reflects compensation-related tax settlement rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Horgan Kyle
Role
Executive VP, Specialty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 803 | $72.34 | $58K |
Holdings After Transaction:
Common Stock — 95,045 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 803 shares
Tax withholding share value: $72.34 per share
Shares held after transaction: 95,045 shares
+1 more
4 metrics
Shares withheld for taxes
803 shares
Withheld upon RSU vesting to cover tax obligations
Tax withholding share value
$72.34 per share
Valuation used for 803 withheld shares
Shares held after transaction
95,045 shares
Direct common stock holdings following tax withholding
Tax withholding share count (summary)
803 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
restricted stock units, tax withholding obligations, Form 4, non-derivative
4 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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What insider transaction did Sunbelt Rentals Holdings (SUNB) report for Kyle Horgan?
Sunbelt Rentals Holdings reported that Executive VP, Specialty, Kyle Horgan had 803 common shares withheld to cover taxes upon vesting of restricted stock units. This was a compensation-related tax settlement, not an open-market stock sale or purchase.
Was Kyle Horgan’s Sunbelt Rentals (SUNB) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 803 shares were withheld by the company to pay tax withholding obligations upon restricted stock unit vesting, a routine, compensation-related mechanism.