Earnings Feed
Start Free
Sunbelt Rentals Holdings, Inc.·4

Mar 3, 5:02 PM ET

Washburn John 4

Research Summary

AI-generated summary

Updated

Sunbelt Rentals (SUNB) COO John Washburn Receives Awards

What Happened
John Washburn, Chief Operating Officer of Sunbelt Rentals (SUNB), was granted a total of 77,368 shares/units via awards and an in-kind exchange. The filing shows three award transactions: 42,239 shares (granted Feb 27, 2026), 31,367 performance stock units (PSUs) (granted Mar 2, 2026), and 3,762 deferred stock units (grant dated Feb 27, 2026). No open-market purchase or sale occurred — these are awards/settlement transactions. No per-share prices are reported (N/A); one component (32,567 shares) was received in exchange for Ashtead Group plc ordinary shares on a one-for-one basis with no cash exchanged.

Key Details

  • Transaction dates: Feb 27, 2026 (42,239 shares and 3,762 deferred units) and Mar 2, 2026 (31,367 PSUs). Form 4 filed Mar 3, 2026 (timely).
  • Total awarded/received: 77,368 total (42,239 + 31,367 + 3,762).
    • 32,567 shares were acquired via 1:1 exchange of Ashtead shares (no cash) (F1).
    • 9,672 restricted stock units (RSUs) included in the Feb 27 award; vest in tranches between Jun 20, 2026 and Jul 4, 2028 (F2).
    • 31,367 PSUs granted/treated as earned when performance was deemed satisfied on Mar 2, 2026 in connection with SUNB's NYSE listing; PSUs vest in tranches on Jun 19, 2026; Jun 20, 2027; and Jul 4, 2028 (F3).
    • 3,762 deferred stock units vest Apr 30, 2026 and are payable in cash (economic equivalent of shares) (F4).
  • Price: N/A for all awards; the Ashtead exchange was one-for-one with no cash consideration.
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Filing timeliness: Form 4 was filed on Mar 3, 2026 and appears timely relative to the reported transaction dates.

Context
These entries are compensatory awards and an in-kind exchange, not open-market purchases or sales. PSUs were deemed to have met performance conditions tied to the company’s NYSE listing; vesting schedules remain over the next several years. Deferred stock units are cash-settled and will be paid on vesting. Such awards reflect compensation and corporate-accounting/transaction mechanics rather than immediate insider buying or selling intent.