Sunbelt COO granted 76 dividend-equivalent shares
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Chief Operating Officer John Washburn acquired 76 shares of Common Stock on July 10, 2026 via a grant classified as a dividend equivalent unit award tied to his existing restricted stock units.
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. (SUNB) reported that Chief Operating Officer John Washburn acquired 76 shares of Common Stock on July 10, 2026 via a grant classified as a dividend equivalent unit award tied to his existing restricted stock units. Following this grant, his directly held Common Stock position totals 69,119 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 76 shares
Grant/Award
1 txn
Insider
Washburn John
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 76 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 69,119 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: 76 shares of Common Stock
Transaction price per share: $0.0000 per share
Shares owned after transaction: 69,119 shares of Common Stock
3 metrics
Shares acquired
76 shares of Common Stock
Grant (dividend equivalent units) on July 10, 2026
Transaction price per share
$0.0000 per share
Reported for the July 10, 2026 grant
Shares owned after transaction
69,119 shares of Common Stock
Direct ownership by John Washburn following the grant
Key Terms
dividend equivalent units, restricted stock units ("RSU"), vest and settle
3 terms
dividend equivalent units financial
"Represents dividend equivalent units accrued in respect of outstanding restricted"
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 ("RSU") financial
"in respect of outstanding restricted stock units ("RSU") held by the Report"
vest and settle financial
"and will vest and settle with the underlying RSUs."
FAQ
What transaction did SUNB executive John Washburn report in this Form 4?
John Washburn, Chief Operating Officer of SUNB, reported an acquisition of 76 shares of Common Stock on July 10, 2026, received as a grant of dividend equivalent units related to his existing restricted stock units.
Was the SUNB Form 4 transaction a purchase or a grant?
The reported SUNB transaction is a grant/award acquisition (transaction code A), not an open-market purchase. It reflects 76 dividend equivalent units credited in respect of outstanding restricted stock units.
What are the terms of the dividend equivalent units reported for SUNB?
The filing states that each dividend equivalent unit represents the right to receive one share of SUNB common stock and will vest and settle together with the underlying restricted stock units held by John Washburn.
AI-generated analysis. How Rhea-AI works. Not financial advice.