Sunbelt Rentals (SUNB) Director Nando Cesarone Receives 9-Share Award

What Happened

• Nando Cesarone, a director of Sunbelt Rentals Holdings, Inc. (SUNB), was granted 9 shares on 2026-09-18. The reported acquisition price is $0.00, reflecting an award of dividend-equivalent units tied to outstanding restricted stock units (RSUs). This is a compensation grant, not a purchase or sale.

Key Details

• Transaction date: 2026-09-18; Form 4 filed: 2026-09-22 (filed within the 2-business-day requirement).
• Grant: 9 shares reported at $0.00; total cash paid = $0.
• Shares owned after transaction: not specified in the filing.
• Footnote: These 9 units are dividend-equivalent units that represent the right to receive one share each and will vest and settle with the underlying RSUs.
• Transaction type code: A = Award/Grant.

Context

• This is a routine equity compensation award to a director and does not represent a market purchase or sale. Dividend-equivalent units are commonly used to mirror dividends on RSUs and will convert to actual shares upon RSU vesting/settlement. Such awards are administrative/compensation events and should not be interpreted alone as an insider view on the company’s near-term stock direction.