Sunbelt Rentals (SUNB) SVP Barbara Clark Receives 47-Share Award
$SUNB · Sunbelt Rentals Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
Sunbelt Rentals (SUNB) SVP Barbara Clark Receives 47-Share Award
What Happened
Barbara Clark, SVP & Chief Accounting Officer of Sunbelt Rentals (SUNB), was credited with 47 shares on July 10, 2026. The Form 4 reports an acquisition of 47 shares at $0.00 (total cash value $0). This transaction reflects dividend-equivalent units accrued on outstanding restricted stock units (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-10 — reported on Form 4 filed 2026-08-21.
- Transaction type/code: Award/Grant (A). Price reported: $0.00 per share; total cash exchanged: $0.
- Shares acquired: 47.
- Shares owned after transaction: not specified in the provided summary — see the filed Form 4 for beneficial ownership totals.
- Footnote: F1 — these are dividend equivalent units that represent the right to receive one share and will vest/settle with the underlying RSUs.
- Timeliness: Filing was submitted more than a month after the transaction (Form 4s are typically due within two business days); the late filing is noted in the record.
Context
Dividend-equivalent units accrue additional share rights tied to existing RSUs; they are a form of compensation rather than a market buy/sell. Small, zero-cash awards like this are generally routine and do not necessarily signal insider sentiment about the stock. For full details and holdings after the grant, review the submitted Form 4 (Accession: 0001193125-26-361277).