Sunbelt Rentals Director Paul Ashton Receives Award of 11 Shares

What Happened

• Paul Ashton, a director of Sunbelt Rentals Holdings, Inc. (SUNB), was granted 11 dividend-equivalent units tied to his outstanding restricted stock units (RSUs) on July 10, 2026. The units were reported at $0.00 per share (total reported value $0) and will convert into shares when the underlying RSUs vest and settle. The transaction is coded as an award/grant (A).

Key Details

• Transaction date: 2026-07-10
• Form 4 filed: 2026-08-21 (42 days after the transaction; late filing)
• Transaction type: Award/Grant (code A) of 11 dividend-equivalent units
• Price reported: $0.00 per unit; total reported value: $0
• Shares owned after transaction: Not specified in the supplied filing
• Footnote: F1 — these are dividend-equivalent units accrued on existing RSUs; each unit equals the right to one share and will vest/settle with the underlying RSUs

Context

• Dividend-equivalent units are a form of compensation accrual tied to RSUs and are not an open-market purchase or sale; they will convert to shares only when the underlying RSUs vest and settle. Such awards are routine compensation-related disclosures and do not, by themselves, indicate the insider’s view on the company’s stock. The filing was submitted more than a month after the transaction, reducing the timeliness of public disclosure.