Sunbelt Rentals Holdings, Inc.·4

Mar 3, 5:02 PM ET

Twite Roy 4

Research Summary

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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.