Sunbelt Rentals Director Angus Cockburn Receives Award of 9 Shares

What Happened Angus Cockburn, a director of Sunbelt Rentals Holdings, Inc. (SUNB), was credited with an award/acquisition of 9 shares on 2026-09-18. The filing reports the shares were acquired at $0.00 (total reported value $0). This was an award/grant—part of compensation/units accrual—rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-18; Form 4 filed: 2026-09-22.
• Transaction type/code: A (Grant, award or other acquisition).
• Shares acquired: 9; Price per share: $0.00; Reported total value: $0.
• Shares owned after transaction: Not disclosed in the provided filing data.
• Footnote: These 9 units represent dividend equivalent units accrued on outstanding restricted stock units (RSUs). Each dividend equivalent unit equals the right to receive one share and will vest and settle with the underlying RSUs (see F1).
• Timeliness: Filing date is after the transaction date; no explicit timeliness flag provided in the data supplied.

Context Dividend-equivalent units tied to RSUs are a common form of director/employee compensation and typically settle when the underlying RSUs vest. Such awards are routine and do not necessarily indicate the insider is buying or selling based on a view of the company’s prospects. This transaction reflects compensation-related accrual rather than an open-market transaction.