Sunbelt director adds 11 dividend-equivalent shares
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director James Louis Singleton acquired 11 shares of Common Stock on July 10, 2026 through a grant/award.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that director James Louis Singleton acquired 11 shares of Common Stock on July 10, 2026 through a grant/award. These represent dividend equivalent units tied to outstanding restricted stock units, received at $0.00 per share. Following this transaction, Singleton holds 1,200 shares of Sunbelt Rentals Holdings, Inc. common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 11 shares
Grant/Award
1 txn
Insider
Singleton James Louis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,200 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: 11 shares of Common Stock
Transaction price per share: $0.0000 per share
Shares owned after transaction: 1,200 shares of Common Stock
3 metrics
Shares acquired
11 shares of Common Stock
Grant/award acquisition on July 10, 2026
Transaction price per share
$0.0000 per share
Dividend equivalent units related to RSUs
Shares owned after transaction
1,200 shares of Common Stock
Direct ownership following July 10, 2026 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 director James Louis Singleton report?
Director James Louis Singleton reported an acquisition of 11 shares of SUNB Common Stock on July 10, 2026, received as a grant/award of dividend equivalent units that relate to his outstanding restricted stock units.
What type of security was involved in James Louis Singleton’s SUNB Form 4 filing?
The filing involves Common Stock of Sunbelt Rentals Holdings, Inc. (SUNB), received via dividend equivalent units that are linked to the reporting person’s outstanding restricted stock units.
What does the footnote in the SUNB Form 4 say about the 11 acquired units?
The footnote explains that the 11 units are dividend equivalent units accrued on outstanding restricted stock units. Each dividend equivalent unit represents the right to receive one share of SUNB common stock and will vest and settle with the underlying RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.