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Sunbelt Rentals Holdings, Inc.·4

Mar 3, 5:00 PM ET

Fuller-Andrews Lynne 4

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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.