Sunbelt Rentals (SUNB) EVP Kyle Horgan Receives Award of 76 RSU Units

What Happened

• Kyle Horgan, Executive Vice President, Specialty at Sunbelt Rentals (SUNB), was credited with an award/acquisition of 76 shares on 2026-07-10. The filing records the acquisition price as $0.00 (total $0) because these are dividend-equivalent units tied to outstanding restricted stock units (RSUs), not an open-market purchase.

Key Details

• Transaction date and price: 2026-07-10; 76 shares acquired at $0.00 per share.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: The 76 units represent dividend equivalent units that accrue on outstanding RSUs; each unit equals the right to receive one share and will vest/settle with the underlying RSUs (footnote F1).
• Filing timeliness: Report filed 2026-08-21 for a 2026-07-10 transaction — this appears late relative to the typical two-business-day SEC reporting requirement.

Context

• These dividend-equivalent units are a form of compensation adjustment for existing RSUs and will convert/settle with those RSUs when they vest. Such awards are routine compensation actions and do not indicate an open-market purchase or sale by the insider.