Singleton James Louis 4

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.