Cockburn Angus 4

What Happened
Angus Cockburn, a director of Sunbelt Rentals Holdings, Inc. (SUNB), received two equity transactions: 1,000 shares of common stock reported on 2026-02-27 and 1,189 restricted stock units (RSUs) reported on 2026-03-02. No per-share price or cash consideration is shown (listed as N/A), and total dollar values were not disclosed in the Form 4.

Key Details

• Transaction dates: 2026-02-27 (1,000 shares acquired) and 2026-03-02 (1,189 RSUs granted). Form 4 filed 2026-03-03.
• Price: N/A (no cash paid or received as part of the equity exchange/grant).
• Shares owned after the transactions: not specified in the provided filing.
• Footnotes of note:
  • F1: The 1,000 shares represent common stock received in exchange for ordinary shares of Ashtead Group plc on a one-for-one basis; no cash was paid or received.
  • F2: The 1,189 items are restricted stock units that vest on the earlier of March 2, 2027 or the day before the next annual shareholder meeting; each RSU entitles the holder to one share when vested.
• Filing timeliness: the Form 4 was filed on 2026-03-03 covering both dates. The March 2 grant appears reported promptly; the Feb 27 acquisition is reported several days later and may not meet the SEC’s typical two-business-day reporting window.

Context
These transactions are an acquisition/award (not a sale). The 1,000 shares came from an exchange of pre-merger Ashtead shares rather than an open-market purchase, and the 1,189 RSUs are restricted and subject to future vesting—meaning they do not convert to free-trading shares until vesting conditions are met. Such awards are common for executives and directors and do not, by themselves, indicate a view for or against the stock.