Sunbelt EVP granted 31 dividend stock units

Rhea-AI Filing Summary

Sunbelt Rentals Holdings, Inc. (SUNB) reported that Executive VP, Specialty Kyle Horgan acquired 31 shares of common stock on September 18, 2026 through a grant of dividend equivalent units tied to existing restricted stock units, bringing his directly held position to 95,152 shares.

Insider Trade Summary

Grant/Award: 31 shares

Grant/Award 1 txn

Insider Horgan Kyle

Role Executive VP, Specialty

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	31	$0.00	$0.00

Holdings After Transaction: Common Stock — 95,152 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.

Key Figures

Shares acquired: 31 shares Price per share: $0.00 Shares held after transaction: 95,152 shares

3 metrics

Shares acquired 31 shares Grant of dividend equivalent units on September 18, 2026

Price per share $0.00 Shares received as a grant, not a market purchase

Shares held after transaction 95,152 shares Direct ownership of SUNB common stock following the grant

Key Terms

dividend equivalent units, restricted stock units, vest and settle

3 terms

dividend equivalent units financial

"Represents dividend equivalent units accrued in respect of outstanding restricted stock units"

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"

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

"will vest and settle with the underlying RSUs"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did SUNB executive Kyle Horgan report on this Form 4?

He acquired 31 shares of Sunbelt Rentals Holdings, Inc. common stock on September 18, 2026 via a grant of dividend equivalent units related to his existing restricted stock units.

How many SUNB shares does Kyle Horgan hold after this transaction?

After the reported acquisition, Kyle Horgan directly holds 95,152 shares of Sunbelt Rentals Holdings, Inc. common stock.

What are the 31 SUNB shares reported as acquired by Kyle Horgan?

They represent dividend equivalent units accrued on outstanding restricted stock units. Each unit represents the right to receive one SUNB common share and will vest and settle together with the underlying RSUs.

Did Kyle Horgan pay a price per share for the 31 SUNB shares?

No. The reported price per share is $0.00 because the 31 shares were received as a grant of dividend equivalent units, not purchased in the open market.

Was Kyle Horgan’s SUNB transaction made under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that this grant of dividend equivalent units was made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/22/2026 - 05:01 PM Accepted by SEC EDGAR 09/22/2026 - 05:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Horgan Kyle

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP, Specialty

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/18/2026		A		31(1)	A	$0.00	95,152	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	09/22/2026
	** Signature of Reporting Person	Date
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)