Sunbelt Rentals (SUNB) Director Jill Easterbrook Receives Award

What Happened
Jill Easterbrook, a director of Sunbelt Rentals Holdings, Inc. (SUNB), was credited with 9 dividend-equivalent units tied to outstanding restricted stock units (RSUs) on 2026-09-18. The Form 4 reports an acquisition of 9 shares at $0.00 (total $0). These units represent the right to receive one share per unit and will vest and settle together with the underlying RSUs rather than being a cash purchase.

Key Details

• Transaction date: 2026-09-18; reported on Form 4 filed 2026-09-22 (timely filing).
• Transaction type/code: Award/Grant (A); 9 shares @ $0.00 reported.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The 9 units are "dividend equivalent units" that accrue on existing RSUs and will vest/settle with those RSUs (see footnote F1).
• No sale or cash purchase occurred; this is an accrual/award tied to RSUs, not an open-market trade.

Context
Dividend-equivalent units are a common way companies credit additional RSU value for dividends; they typically convert to shares when the underlying RSUs vest. This type of award is administrative and does not necessarily indicate a change in the insider’s view of the stock—it's an accrual tied to compensation/RSU terms, not a market buy or sell.