Sunbelt Rentals Holdings, Inc.·4

Jun 23, 5:00 PM ET

Washburn John 4

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Sunbelt Rentals COO John Washburn Sells Shares to Cover Taxes

What Happened John Washburn, Chief Operating Officer of Sunbelt Rentals Holdings, Inc. (SUNB), had 4,654 shares disposed of to satisfy tax withholding obligations related to vested awards. On 2026-06-19, 3,827 shares were withheld at $86.06 each ($329,352), and on 2026-06-20, 827 shares were withheld at $86.06 each ($71,172), for a combined value of about $400,524. These were tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

  • Transaction dates and amounts: 2026-06-19 — 3,827 shares @ $86.06 (≈ $329,352); 2026-06-20 — 827 shares @ $86.06 (≈ $71,172).
  • Total shares withheld: 4,654; total value ≈ $400,524.
  • Shares owned after transactions: corrected aggregate beneficial ownership reported as 42,329 shares and 73,696 shares (per footnote correction).
  • Footnotes: F1 — shares withheld from vested performance stock units (PSUs); F3 — shares withheld from vested restricted stock units (RSUs); F2 — corrects an earlier understatement of aggregate ownership.
  • Filing: Form 4 filed 2026-06-23 (appears timely relative to transaction dates).

Context These were tax-withholding dispositions tied to the vesting of PSUs and RSUs (the PSUs’ performance condition was deemed satisfied on March 2, 2026, in connection with the company’s NYSE listing). Withholding to cover taxes is a routine administrative action and differs from a voluntary open-market sale that might signal trading intent.