Pease Alexander W 4
4 · Sunbelt Rentals Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Sunbelt Rentals (SUNB) CFO Alexander Pease Receives Stock Award
What Happened
Alexander W. Pease, Chief Financial Officer of Sunbelt Rentals Holdings, Inc. (SUNB), reported receipt of awards totaling 71,350 equity units: 22,477 units on Feb 27, 2026; 44,841 units on Mar 2, 2026; and 4,032 derivative units on Feb 27, 2026. These were reported as acquisitions (code A) on a Form 4 filed Mar 3, 2026. No per-share price or cash value is shown because these grants are compensation awards (restricted stock units, performance stock units, and deferred stock units) rather than open‑market purchases.
Key Details
- Transaction dates: Feb 27, 2026 (22,477 + 4,032 units) and Mar 2, 2026 (44,841 units). All transactions reported under acquisition code A.
- Price/Value: N/A — awards/units have no transaction price listed in the Form 4.
- Shares owned after transaction: Not specified in the summary data provided in this request (check the full Form 4 for total beneficial ownership).
- Filing timeliness: Form 4 filed Mar 3, 2026; filing appears within the required reporting window for these dates.
- Notable footnotes:
- F1 (RSUs): 22,477 appears to include time-based restricted stock units that vest in installments between July 4, 2026 and October 11, 2028 (specific tranche sizes listed in the filing).
- F2 (PSUs): 44,841 are performance stock units; performance conditions were deemed satisfied on Mar 2, 2026 (related to the company’s NYSE listing). Of these, 20,421 vest June 20, 2027 and 24,420 vest July 4, 2028.
- F3 (deferred units/derivative): 4,032 deferred stock units vest Apr 30, 2026 and are settled in cash (each equals the economic value of one share).
Context
These transactions are compensation awards, not open‑market buys or sales. RSUs and PSUs are typical executive pay tied to service and/or performance milestones; deferred units are cash‑settled and do not immediately increase share count. Such awards are routine for executives and do not, by themselves, indicate an intent to buy or sell company stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-27+22,477→ 22,477 total - Award
Common Stock
[F2]2026-03-02+44,841→ 67,318 total - Award
Deferred Stock Units
[F3]2026-02-27+4,032→ 4,032 total→ Common Stock (4,032 underlying)
Footnotes (3)
- [F1]Represents restricted stock units, of which 4,081 will vest on July 4, 2026; 3,412 will vest on October 11, 2026; 4,080 will vest on July 4, 2027; 3,412 will vest on October 11, 2027; 4,080 will vest on July 4, 2028; and 3,412 will vest on October 11, 2028. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant.
- [F2]Represents performance stock units ("PSUs"), each representing a contractual right to receive one share of common stock of the registrant. The performance conditions of the PSUs were deemed satisfied on March 2, 2026, in connection with the Registrant's initial listing on the New York Stock Exchange and as further discussed in the Registrant's Registration Statement on Form 10/A filed on February 13, 2026. Of such PSUs, 20,421 will vest on June 20, 2027 and 24,420 will vest on July 4, 2028.
- [F3]Represents deferred stock units which will vest on April 30, 2026. Each deferred stock unit is the economic equivalent of one share of the Registrant's common stock and is settled solely in cash.