Sunbelt Rentals Holdings (SUNB) CEO awarded 47,885 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horgan Brendan reported acquisition or exercise transactions in this Form 4 filing.
Sunbelt Rentals Holdings, Inc. Chief Executive Officer Brendan Horgan received a grant of 47,885 restricted stock units (RSUs) of common stock. The award was granted by the Compensation Committee under the company’s 2026 Omnibus Equity Incentive Plan and involved no cash purchase price.
Each RSU represents the right to receive one share of common stock. One-third of the RSUs will vest on each of 06/19/2027, 06/19/2028 and 06/19/2029, subject to the award terms. Following this grant, Horgan directly holds 750,719 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Horgan Brendan
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,885 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 750,719 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted by the Compensation Committee of the Company's Board of Directors pursuant to the Company's 2026 Omnibus Equity Incentive Plan. Each RSU represents a contractual right to receive one share of common stock of the Company. One-third of the RSUs shall vest on each of 06/19/2027, 06/19/2028 and 06/19/2029.
Key Figures
RSUs granted: 47,885 units
Grant price: $0.0000 per share
Shares after grant: 750,719 shares
+3 more
6 metrics
RSUs granted
47,885 units
Restricted stock units granted to CEO on 06/25/2026
Grant price
$0.0000 per share
Reported transaction price for RSU award
Shares after grant
750,719 shares
Total common stock directly held following the RSU grant
First vesting date
06/19/2027
One-third of RSUs vest on this date
Second vesting date
06/19/2028
One-third of RSUs vest on this date
Third vesting date
06/19/2029
Final one-third of RSUs vest on this date
Key Terms
restricted stock units ("RSUs"), 2026 Omnibus Equity Incentive Plan, Compensation Committee
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted by the Compensation Committee"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2026 Omnibus Equity Incentive Plan financial
"granted by the Compensation Committee ... pursuant to the Company's 2026 Omnibus Equity Incentive Plan"
Compensation Committee financial
"RSUs granted by the Compensation Committee of the Company's Board of Directors"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What did SUNB CEO Brendan Horgan receive in this Form 4 filing?
Brendan Horgan received a grant of 47,885 restricted stock units (RSUs) of Sunbelt Rentals Holdings common stock. These RSUs are part of his equity compensation and were awarded by the Board’s Compensation Committee under the 2026 Omnibus Equity Incentive Plan.
When do Brendan Horgan’s newly granted SUNB RSUs vest?
The RSUs vest in three equal installments. One-third vests on 06/19/2027, another third on 06/19/2028, and the final third on 06/19/2029, assuming the award’s conditions continue to be satisfied during the vesting period.
Did Brendan Horgan pay cash for the SUNB RSU grant?
No cash was paid for the RSU grant; the Form 4 shows a $0.0000 price per share. RSU awards are typically issued as part of executive compensation, giving the recipient the right to receive shares at future vesting dates.
What plan governs the new SUNB RSU grant to the CEO?
The award was granted under Sunbelt Rentals Holdings’ 2026 Omnibus Equity Incentive Plan. This plan allows the company to issue equity-based compensation, such as RSUs, to executives and other participants, aligning their interests with long-term shareholder value.