Fuller-Andrews Lynne 4
4 · Sunbelt Rentals Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Sunbelt Rentals (SUNB) EVP Lynne Fuller-Andrews Receives Stock Awards
What Happened
Lynne Fuller-Andrews, EVP & General Counsel of Sunbelt Rentals (SUNB), was the recipient of equity awards in late February/early March 2026. The filing reports: a disposition of 1 initial share back to the issuer (2/27/2026), grants of 9,002 restricted stock units (RSUs) on 2/27/2026, 3,370 deferred stock units (derivative units) on 2/27/2026, and 27,457 performance stock units (PSUs) on 3/2/2026 — a total of 39,829 award units acquired. Transaction prices are listed as N/A in the Form 4 (these are awards, not open-market purchases), so no dollar totals are shown.
Key Details
- Transaction dates: 2026-02-27 (1 share disposition; 9,002 RSUs; 3,370 deferred units) and 2026-03-02 (27,457 PSUs). Form 4 filed 2026-03-03.
- Prices/values: listed as N/A for all award transactions (typical for grants/awards).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes:
- F1: The 1-share disposition was the reporting person’s initial subscriber share automatically transferred to the registrant on consummation of the predecessor scheme.
- F2: The 9,002 RSUs vest in installments (1,632 on 6/20/26; 1,913 on 7/4/26; 1,632 on 6/20/27; 1,913 on 7/4/27; 1,912 on 7/4/28). Each RSU equals one share.
- F3: The 27,457 PSUs had performance conditions deemed satisfied on 3/2/2026 (linked to the company’s NYSE listing). Vesting schedule: 6,243 on 6/19/26; 9,767 on 6/20/27; 11,447 on 7/4/28.
- F4: The 3,370 deferred stock units vest 4/30/2026 and are cash-settled (each unit equals the economic equivalent of one share).
- Timeliness: Filed on 2026-03-03 for transactions through 2026-03-02 — the Form 4 appears timely (no late-filing flag).
Context
- These transactions are equity compensation/awards (not open-market buys or sales). Awards and PSU vesting are commonly part of executive pay and do not, by themselves, indicate buying or selling sentiment.
- The PSU grant reflects performance conditions being met (deemed satisfied upon the company’s NYSE listing), which triggered the award grant; deferred units will be settled in cash when they vest.
Insider Transaction Report
Form 4
Fuller-Andrews Lynne
EVP & General Counsel
Transactions
- Disposition to Issuer
Common Stock
[F1]2026-02-27−1→ 0 total - Award
Common Stock
[F2]2026-02-27+9,002→ 9,002 total - Award
Common Stock
[F3]2026-03-02+27,457→ 36,459 total - Award
Deferred Stock Units
[F4]2026-02-27+3,370→ 3,370 total→ Common Stock (3,370 underlying)
Footnotes (4)
- [F1]Represents the initial share of the Registrant, which the Reporting Person beneficially owned as the initial subscriber of the Registrant. Such share was automatically transferred to the Registrant in accordance with the Registrant's Amended and Restated Certificate of Incorporation upon completion of the scheme of arrangement effected by Ashtead Group plc, the Registrant's predecessor, under Part 26 of the UK Companies Act 2006.
- [F2]Represents restricted stock units, of which 1,632 will vest on June 20, 2026; 1,913 will vest on July 4, 2026; 1,632 will vest on June 20, 2027; 1,913 will vest on July 4, 2027; and 1,912 will vest on July 4, 2028. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant.
- [F3]Represents performance stock units ("PSUs"), each representing a contractual right to receive one share of common stock of the registrant. The performance conditions of the PSUs were deemed satisfied on March 2, 2026, in connection with the Registrant's initial listing on the New York Stock Exchange and as further discussed in the Registrant's Registration Statement on Form 10/A filed on February 13, 2026. Of such PSUs, 6,243 will vest on June 19, 2026; 9,767 will vest on June 20, 2027; and 11,447 will vest on July 4, 2028.
- [F4]Represents deferred stock units which will vest on April 30, 2026. Each deferred stock unit is the economic equivalent of one share of the Registrant's common stock and is settled solely in cash.
Signature
/s/ Abbey MacDonald, Attorney-in-Fact|2026-03-03