Washburn John 4

What Happened
John Washburn, Chief Operating Officer of Sunbelt Rentals (SUNB), had 912 shares withheld upon the vesting of restricted stock units to satisfy tax withholding obligations. The shares were valued at $72.34 each, totaling approximately $65,974. This action is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-07-04; Form 4 filed 2026-07-07 (Accession: 0001193125-26-297601).
• Securities involved: 912 shares withheld at $72.34 per share; total value ≈ $65,974.
• Transaction code: F (shares withheld to pay tax withholding obligations).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: F1 — Represents shares withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Context
Withholding shares to cover taxes on vested RSUs is a common, routine administrative step and is treated as a disposition for reporting purposes. It does not necessarily indicate a decision to sell shares in the open market or reflect the insider’s view on the company’s prospects.