Lull Brad 4

What Happened
Brad Lull, EVP of Strategy & Business Development at Sunbelt Rentals (SUNB), had 820 restricted stock units (RSUs) shares withheld to satisfy tax withholding obligations upon vesting. The shares were valued at $72.34 each for a total of $59,319 and are reported as disposed in the Form 4.

Key Details

• Transaction date: July 4, 2026; Filing date: July 7, 2026.
• Price per share: $72.34; Total value: $59,319.
• Shares involved: 820 RSU shares withheld (reported as disposed).
• Footnote: F1 — shares withheld upon RSU vesting to pay tax withholding obligations.
• Shares owned after transaction: not specified in the disclosed Form 4.
• Timeliness: filing shows a July 7, 2026 report; the filing does not indicate a late-filing designation.

Context
This was not an open-market sale or purchase but a standard tax-withholding action when RSUs vest (often called a cashless or share-withhold to cover taxes). Such withholding is routine and generally does not signal a change in the insider’s view of the company.