Sunbelt Rentals Holdings, Inc.·4/A

Jul 14, 5:00 PM ET

Fuller-Andrews Lynne 4/A

Research Summary

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Updated

Sunbelt (SUNB) EVP Lynne Fuller-Andrews Receives 16,822 Shares

What Happened
Lynne Fuller-Andrews, EVP and General Counsel of Sunbelt Rentals (SUNB), was credited with 16,822 shares on 2026-02-27. The total includes 7,820 Sunbelt shares received in exchange for previously held Ashtead Group plc ordinary shares (one-for-one, no cash exchanged) and 9,002 restricted stock units (RSUs) that convert to shares according to a vesting schedule. This filing is an amendment to add the omitted 7,820-share exchange; the transaction is an acquisition/award (not a sale).

Key Details

  • Transaction date: February 27, 2026. Report filed as an amendment on July 14, 2026.
  • Shares reported acquired: 16,822 total (7,820 shares from Ashtead exchange; 9,002 RSUs). No per-share price (N/A).
  • RSU vesting schedule (9,002 RSUs): 1,632 vest 6/20/2026; 1,913 vest 7/4/2026; 1,632 vest 6/20/2027; 1,913 vest 7/4/2027; 1,912 vest 7/4/2028. Each RSU equals one share upon vesting.
  • Exchange details: 7,820 Sunbelt shares were issued in exchange for Ashtead ordinary shares on a one-to-one basis; no cash paid or received.
  • Shares owned after transaction (beneficial ownership): 46,799 shares.
  • Filing type: Amended Form 4 correcting an omission in the original report (adds the 7,820 exchanged shares).

Context
This was an award/acquisition and not a sale—partly a corporate conversion from the registrant’s predecessor (Ashtead) and partly time‑based RSUs that vest over 2026–2028. Amended filings are typically corrective; retail investors should note the vesting schedule for when RSUs may become liquid but avoid reading timing as an immediate market intent.