Sunbelt Rentals (SUNB) CFO cash-settles 4,032 deferred stock units at $76.53
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. Chief Financial Officer Alexander W. Pease reported an administrative change in his equity compensation. On this Form 4, he settled 4,032 Deferred Stock Units, which were paid in cash at $76.53 per unit, the closing price of the company’s common stock on April 30, 2026. The units were settled under the company’s 2017 Deferred Bonus Plan, and no shares of common stock were issued, leaving him with zero Deferred Stock Units reported after this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pease Alexander W
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Deferred Stock Units | 4,032 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred Stock Units settled: 4,032 units
Per-unit settlement value: $76.53 per unit
Deferred Stock Units after transaction: 0.0000 units
3 metrics
Deferred Stock Units settled
4,032 units
Deferred Stock Units settled in cash by CFO on the reported transaction date
Per-unit settlement value
$76.53 per unit
Closing price of common stock on April 30, 2026 used to value the cash settlement
Deferred Stock Units after transaction
0.0000 units
Total Deferred Stock Units reported as held following the settlement
Key Terms
Deferred Stock Units, cash settlement, 2017 Deferred Bonus Plan
3 terms
Deferred Stock Units financial
"Represents cash settlement of deferred stock units at a value of $76.53 per unit"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
cash settlement financial
"Represents cash settlement of deferred stock units at a value of $76.53 per unit"
Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.
2017 Deferred Bonus Plan financial
"pursuant to the Issuer's 2017 Deferred Bonus Plan; no shares of common stock were issued"
FAQ
What did SUNB’s CFO Alexander W. Pease report on this Form 4?
Alexander W. Pease, CFO of Sunbelt Rentals Holdings, Inc. (SUNB), reported a cash settlement of 4,032 Deferred Stock Units under the company’s 2017 Deferred Bonus Plan, with no new common shares issued.
How many Deferred Stock Units were settled by SUNB’s CFO in this filing?
The CFO settled 4,032 Deferred Stock Units. These units were paid out in cash rather than converted into common stock, and his reported holdings of Deferred Stock Units following the transaction are zero.
At what price were SUNB’s deferred stock units valued for this cash settlement?
The deferred stock units were valued at $76.53 per unit, which was the closing price of Sunbelt Rentals Holdings, Inc.’s common stock on April 30, 2026, used solely for this cash settlement calculation.
What plan governed the SUNB CFO’s deferred stock unit settlement?
The settlement was made under Sunbelt Rentals Holdings, Inc.’s 2017 Deferred Bonus Plan. The plan allowed the CFO’s 4,032 Deferred Stock Units to be paid in cash based on the stock’s April 30, 2026 closing price.
How did this SUNB Form 4 affect the CFO’s reported deferred stock unit holdings?
After the cash settlement of 4,032 Deferred Stock Units, the CFO’s reported holdings of Deferred Stock Units are 0.0000 units in this filing, reflecting that all such units in this grant were settled.