Sunbelt Rentals Holdings CEO granted 479 shares
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Chief Executive Officer and director Brendan Horgan acquired 479 shares of Common Stock on July 10, 2026.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Chief Executive Officer and director Brendan Horgan acquired 479 shares of Common Stock on July 10, 2026. The award represents dividend equivalent units credited on his outstanding restricted stock units, at $0.00 per share, bringing his directly held position to 751,198 shares. Each dividend equivalent unit will vest and settle on the same terms as the underlying RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 479 shares
Grant/Award
1 txn
Insider
Horgan Brendan
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 479 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 751,198 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: 479 shares of Common Stock
Transaction price per share: $0.00 per share
Shares owned after transaction: 751,198 shares
3 metrics
Shares acquired
479 shares of Common Stock
Grant/award of dividend equivalent units on July 10, 2026
Transaction price per share
$0.00 per share
Price for dividend equivalent unit grant on July 10, 2026
Shares owned after transaction
751,198 shares
Direct Common Stock holdings of Brendan Horgan following the award
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 report for CEO Brendan Horgan on this Form 4?
CEO Brendan Horgan acquired 479 shares of Sunbelt Rentals Holdings, Inc. Common Stock on July 10, 2026 as a grant of dividend equivalent units tied to outstanding RSUs, at $0.00 per share, increasing his direct holdings to 751,198 shares.
Are the dividend equivalent units for SUNB immediately vested for Brendan Horgan?
No. The filing states each dividend equivalent unit will vest and settle with the underlying RSUs, meaning they follow the same vesting schedule and settlement terms as Brendan Horgan’s related restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.