Fuller-Andrews Lynne 4
Research Summary
AI-generated summary
Sunbelt Rentals (SUNB) EVP Lynne Fuller-Andrews Receives RSU Award
What Happened
Lynne Fuller-Andrews, EVP & General Counsel of Sunbelt Rentals Holdings, Inc. (SUNB), was granted 6,783 restricted stock units (RSUs) on 2026-06-25. The Form 4 reports an acquisition price of $0, which is standard for RSU awards (the units convert to shares upon vesting).
Key Details
- Transaction date: 2026-06-25; filing date: 2026-06-29 (Form 4 filed timely).
- Reported transaction type/code: A (award/grant); amount: 6,783 RSUs; reported price: $0.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnote F1: RSUs granted under the Company’s 2026 Omnibus Equity Incentive Plan; each RSU represents a contractual right to one share.
- Footnote F2: Vesting schedule — one-third of the RSUs vest on each of 06/19/2027, 06/19/2028 and 06/19/2029.
- No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
RSU grants are a common form of long-term compensation and do not represent an immediate purchase or sale of stock; value is realized only as RSUs vest and convert to shares. Because this is an award (not an open-market purchase or sale), it should be viewed as routine compensation disclosure rather than a direct signal of the insider's near-term trading intent.