Cesarone Nando 4

What Happened

• Nando Cesarone, a director of Sunbelt Rentals Holdings, Inc. (SUNB), received an award of 1,189 restricted stock units (RSUs) on March 2, 2026. The Form 4 reports the grant (transaction code A); no price or cash value is listed on the filing.
• This was a grant/award (compensation), not an open-market purchase or sale. Awards are typically part of director/executive compensation rather than an immediate buy or sell of shares.

Key Details

• Transaction date: 2026-03-02; Form 4 filed: 2026-03-03.
• Transaction type/code: A (award/grant/acquisition of RSUs).
• Shares/units granted: 1,189 restricted stock units. Price: N/A (no cash paid by insider).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: These are restricted stock units that will vest on the earlier of March 2, 2027 and the day immediately preceding the next annual shareholder meeting; each RSU represents a contractual right to receive one share of common stock upon vesting.
• Timeliness: Filing appears timely (filed the day after the reported grant).

Context

• RSUs are a form of equity compensation that convert into actual shares only if and when they vest; they are not immediate purchases or sales and do not necessarily indicate a change in the insider’s investment stance.