Horgan Kyle 4
Research Summary
AI-generated summary
Sunbelt Rentals (SUNB) EVP Kyle Horgan Receives 7,615 RSUs
What Happened
Kyle Horgan, Executive Vice President, Specialty at Sunbelt Rentals (SUNB), received a grant of 7,615 restricted stock units (RSUs) on June 25, 2026. The award was recorded at $0.00 per share (standard for RSU grants, representing a contractual right to receive shares in the future), so no cash was exchanged.
Key Details
- Transaction date: 2026-06-25; reported on Form 4 filed 2026-06-29 (filing appears timely).
- Grant: 7,615 RSUs; price reported $0.00; total cash paid $0.
- Plan and committee: RSUs granted by the Compensation Committee under the company's 2026 Omnibus Equity Incentive Plan (footnote).
- Vesting: One‑third of the RSUs vest on each of 06/19/2027, 06/19/2028 and 06/19/2029.
- Shares owned after transaction: not specified in the filing.
Context
RSUs are a form of equity compensation that convert to actual shares if and when they vest; they are not open‑market purchases or sales. Grants like this reflect compensation decisions by the company and do not by themselves indicate insider buying or selling sentiment.