Sunbelt CFO granted 144 dividend-equivalent shares
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Chief Financial Officer Alexander W. Pease acquired 144 shares of common stock on July 10, 2026.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Chief Financial Officer Alexander W. Pease acquired 144 shares of common stock on July 10, 2026. These shares represent dividend equivalent units accrued on his outstanding restricted stock units and will vest and settle with those RSUs, increasing his direct holdings to 81,929 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 144 shares
Grant/Award
1 txn
Insider
Pease Alexander W
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 144 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 81,929 shares (Direct)
Footnotes (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: 144 shares of common stock
Transaction price per share: $0.0000 per share
Shares owned after transaction: 81,929 shares
3 metrics
Shares acquired
144 shares of common stock
Grant of dividend equivalent units on July 10, 2026
Transaction price per share
$0.0000 per share
Recorded price for the 144 awarded shares
Shares owned after transaction
81,929 shares
Direct holdings of Alexander W. Pease 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 by the Reporting Person"
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
What insider transaction did SUNB disclose for Alexander W. Pease?
SUNB disclosed that Chief Financial Officer Alexander W. Pease acquired 144 shares of common stock on July 10, 2026 through a grant classified as dividend equivalent units tied to his outstanding restricted stock units.
What are dividend equivalent units in the context of SUNB's Form 4?
For SUNB, the filing explains that dividend equivalent units are amounts accrued on outstanding restricted stock units, where each unit represents the right to receive one share of common stock that will vest and settle together with the underlying RSUs.
Was SUNB's insider transaction under a Rule 10b5-1 trading plan?
The filing indicates that the Rule 10b5-1 checkbox is not affirmed (false), so the reported acquisition of 144 dividend equivalent units by the SUNB CFO is not designated as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.