Twite Roy 4
4 · Sunbelt Rentals Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Sunbelt (SUNB) Director Twite Roy Receives Stock Awards
What Happened
Twite Roy, a director of Sunbelt Rentals Holdings, Inc. (SUNB), received two award-type acquisitions totaling 2,739 shares: 1,550 shares on 2026-02-27 and 1,189 restricted stock units (RSUs) on 2026-03-02. No cash changed hands and the reported per-share price is N/A. The first award represents a one-to-one exchange of Ashtead Group plc ordinary shares held by Roy; the second are RSUs that convert to common stock upon vesting.
Key Details
- Transaction dates: 2026-02-27 (1,550 shares, exchange) and 2026-03-02 (1,189 RSUs). Filing date: 2026-03-03.
- Reported price/consideration: N/A (no cash paid or received for the exchange).
- Shares owned after the transactions: not disclosed in the provided Form 4.
- Footnotes: F1 — 1,550 shares were received in exchange for Ashtead shares on a one-to-one basis with no cash; F2 — 1,189 RSUs vest on the earlier of March 2, 2027 or the day before the next annual shareholder meeting, each converting to one share upon vesting.
- Filing timeliness: Reported on 2026-03-03 after the 03-02 grant; appears timely under Section 16 reporting rules.
Context
These entries are award/acquisition events (code A), not open-market purchases or sales. The RSUs are not immediately tradable — they represent a future right to receive shares upon vesting — and the exchange shares came from converting prior Ashtead holdings, so these transactions reflect corporate restructuring and compensation mechanics rather than an outright market buy or sale.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-27+1,550→ 1,550 total - Award
Common Stock
[F2]2026-03-02+1,189→ 2,739 total
Footnotes (2)
- [F1]Represents common stock of the Registrant acquired in exchange for ordinary shares of Ashtead Group plc ("Ashtead") beneficially owned by the Reporting Person, upon completion of the scheme of arrangement effected by Ashtead, the Registrant's predecessor, under Part 26 of the UK Companies Act 2006. The exchange ratio was one-to-one and no cash consideration was paid or received.
- [F2]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.