Ribeiro Renata 4
4 · Sunbelt Rentals Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Sunbelt Rentals (SUNB) Director Renata Ribeiro Receives Awards
What Happened Renata Ribeiro, a director of Sunbelt Rentals Holdings, Inc. (SUNB), acquired a total of 1,789 shares via two award-type transactions: 600 shares on 2026-02-27 and 1,189 shares on 2026-03-02. Both transactions are reported as type "A" (grant/award). No purchase price is listed on the Form 4 (price N/A) and no cash changed hands for the 600-share conversion; total dollar values are not provided.
Key Details
- Transaction dates: 600 shares on 2026-02-27; 1,189 shares (RSUs) on 2026-03-02. Filing date: 2026-03-03 (Form 4 accession 0001193125-26-088679).
- Prices/values: Not disclosed (N/A) on the filing.
- Shares owned after transaction: Not provided in the supplied excerpt.
- Footnotes:
- F1 — The 600 shares represent common stock received in exchange for ordinary shares of Ashtead Group plc (one-to-one exchange) as part of the scheme of arrangement; no cash was paid or received.
- F2 — The 1,189 units are restricted stock units (RSUs) that vest on the earlier of March 2, 2027 or the day immediately before the next annual shareholder meeting; each RSU converts to one share when vested.
- Timeliness: Filing appears timely (transactions reported on 2026-02-27 and 2026-03-02; Form 4 filed 2026-03-03).
Context These were award/conversion transactions—not open-market purchases or sales—so they reflect grant/conversion mechanics (including a corporate-scheme conversion and an RSU grant) rather than an insider buying or selling stock for personal investment. RSUs only translate to actual shares upon vesting; the conversion shares were exchanged one-for-one for prior Ashtead holdings with no cash exchanged.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-27+600→ 600 total - Award
Common Stock
[F2]2026-03-02+1,189→ 1,789 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.