Singleton James Louis 4
4 · Sunbelt Rentals Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Sunbelt Rentals (SUNB) Director James L. Singleton Receives 1,189 RSU Award
What Happened
James L. Singleton, a director of Sunbelt Rentals Holdings, Inc. (SUNB), received an award of 1,189 restricted stock units (RSUs) on 2026-03-02. The Form 4 reports this as an "A" (award/grant) transaction; no purchase price or immediate cash value is listed (price: N/A). These RSUs represent a contractual right to receive one share of SUNB common stock per unit upon vesting.
Key Details
- Transaction date: 2026-03-02; Form 4 filed 2026-03-03 (filed within the normal Form 4 reporting window).
- Transaction type/code: A — Grant/award of RSUs. Price: N/A (not a cash purchase).
- Amount: 1,189 restricted stock units.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: RSUs vest on the earlier of March 2, 2027, and the day immediately preceding the next annual shareholder meeting. Each RSU equals one share upon settlement.
- No indication of a 10b5-1 plan, sale, exercise, or tax-withholding sale in the disclosed transaction.
Context
RSU grants are compensation awards that convert to shares only after vesting; they are not immediate open-market purchases or sales. Such awards are common for directors and executives and represent future equity compensation rather than an immediate change in market-held shares. They should be interpreted as part of compensation, not necessarily as a direct signal of the insider’s near-term trading intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-02+1,189→ 1,189 total
Footnotes (1)
- [F1]Represents restricted stock units which will vest on the earlier of March 2, 2027 and the day immediately preceding the date of the next annual shareholder meeting. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant.