Sunbelt Rentals COO John Washburn Receives 76-Share Award

What Happened

John Washburn, Chief Operating Officer of Sunbelt Rentals Holdings, Inc. (SUNB), was credited with 76 shares on 2026-07-10 as an award/acquisition. The Form 4 reports the acquisition at a $0.00 per-share price (total recorded value $0), reflecting dividend-equivalent units tied to his existing restricted stock units rather than a cash purchase.

Key Details

• Transaction date: 2026-07-10; Form 4 filed: 2026-08-21 (file appears late versus the typical 2-business-day reporting window).
• Transaction type/code: Award/Grant (A). Price per share reported: $0.00.
• Shares acquired: 76 dividend-equivalent units.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — these are dividend equivalent units accrued on outstanding RSUs; each unit represents the right to one share and will vest/settle with the underlying RSUs.

Context

This was an award of dividend-equivalent units related to existing RSUs (a common form of executive compensation) rather than an open-market purchase or sale. Such accruals do not require cash outlay by the insider and are not direct indicators of buying/selling sentiment. The filing date suggests delayed reporting, which investors may note for timeliness considerations.