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Sunbelt Rentals Holdings, Inc.·4

Mar 3, 5:00 PM ET

Clark Barbara 4

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Sunbelt Rentals (SUNB) SVP Barbara Clark Receives Award

What Happened

  • Barbara Clark, Senior Vice President and Chief Accounting Officer of Sunbelt Rentals (SUNB), received a total of 39,507 shares/units in award-related transactions. The filings record three award events: 22,412 shares on Feb 27, 2026; 3,166 derivative units (award) on Feb 27, 2026; and 13,929 performance stock units (PSUs) on Mar 2, 2026. No cash was paid and no open-market purchase or sale occurred — these were awards and an in-kind exchange related to the company's corporate transaction.

Key Details

  • Transaction dates and amounts:
    • Feb 27, 2026 — 22,412 shares (comprised of 18,001 common shares received in exchange for Ashtead Group plc shares and 4,411 restricted stock units).
    • Feb 27, 2026 — 3,166 deferred stock units (listed as derivative; cash-settled; vest April 30, 2026).
    • Mar 2, 2026 — 13,929 performance stock units (PSUs) whose performance conditions were deemed satisfied on Mar 2, 2026.
  • Vesting schedules / notes:
    • The 18,001 shares were exchanged one-for-one for Ashtead ordinary shares under the scheme of arrangement; no cash changed hands (F1).
    • The 4,411 RSUs vest in tranches: 721 on Jun 20, 2026; 990 on Jul 4, 2026; 722 on Jun 20, 2027; 989 on Jul 4, 2027; and 989 on Jul 4, 2028 (F2).
    • The 13,929 PSUs were deemed to have met performance conditions at listing; they vest in tranches: 3,691 on Jun 19, 2026; 4,318 on Jun 20, 2027; and 5,920 on Jul 4, 2028 (F3).
    • The 3,166 deferred stock units vest Apr 30, 2026 and are settled solely in cash (F4).
  • Shares owned after transaction: the filing does not state a consolidated total ownership figure after these awards.
  • Timeliness: Form 4 was filed on Mar 3, 2026 reporting events of Feb 27 and Mar 2, 2026; the filing appears to be within the normal two-business-day window and is not indicated as late.

Context

  • These entries are award and exchange transactions (code A), not open-market purchases or sales — they reflect compensation and the conversion of prior Ashtead holdings into Sunbelt stock rather than a directional bet by the insider.
  • The PSU award was triggered by the registrant’s initial NYSE listing (per the registrant’s prior disclosures), so those units were deemed achieved rather than representing a contemporaneous purchase. Deferred units are cash-settled and do not immediately increase share count until settlement.