Sunbelt Rentals (SUNB) Director Angus Cockburn Receives Award, Withholds Shares

What Happened

• Angus Cockburn, a director of Sunbelt Rentals Holdings, Inc. (SUNB), had 108 shares withheld on 2026-08-31 to cover tax withholding obligations (disposed) at $72.28 per share for a total of $7,806. On 2026-09-01 he was granted 2,354 restricted stock units (RSUs) (an acquisition reported as a grant).

Key Details

• Transaction dates and prices:
  • 2026-08-31: Tax withholding (code F) — 108 shares withheld @ $72.28 = $7,806 (disposed to cover taxes).
  • 2026-09-01: Grant/award (code A) — 2,354 RSUs granted; per-share value not reported (N/A).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnotes:
  • F1: These 108 shares represent shares withheld upon RSU vesting to satisfy tax withholding obligations.
  • F2: The 2,354 RSUs will vest on the earlier of September 1, 2027, and the day before the next annual meeting; each RSU entitles the holder to one share upon vesting.
• Filing timeliness: Report filed 2026-09-02 for transactions on 2026-08-31 and 2026-09-01; this appears to be timely under Form 4 rules.

Context

• The withheld 108 shares were used solely to meet tax obligations related to RSU vesting (routine, not an open-market sale). The primary transaction of interest is the grant of 2,354 RSUs, which is an award that will convert to shares if and when the RSUs vest per the stated schedule.