4Accepted Sep 22, 5:00 PM ET
Sunbelt Rentals (SUNB) CFO Alexander W. Pease Receives Award
Accepted (ET)
5:00 PM
Sep 22, 2026
Filed
Sep 22, 2026
Documents
1
Size
4.9 KB
Summary
Sunbelt Rentals (SUNB) CFO Alexander W. Pease Receives Award
What Happened Alexander W. Pease, Chief Financial Officer of Sunbelt Rentals Holdings, Inc. (SUNB), was awarded 59 dividend-equivalent units related to outstanding restricted stock units (RSUs) on 2026-09-18. The units were reported as an award/acquisition (Form 4 transaction code A) with an acquisition price of $0.00 and a reported total value of $0.
Key Details
- Transaction date: 2026-09-18
- Transaction type/code: Award/Grant (A) — 59 shares acquired at $0.00; reported value $0
- Filing date: 2026-09-22 (filed within the two-business-day Form 4 deadline)
- Shares owned after transaction: Not disclosed in the provided filing
- Footnote F1: These are dividend equivalent units accrued on RSUs; each unit represents the right to one share and will vest/settle with the underlying RSUs
Context Dividend-equivalent units are a compensation mechanism that credits an executive with the equivalent of dividends on RSUs; they convert into or are paid when the underlying RSUs vest and typically do not involve any immediate cash transaction or open-market buying/selling. This award is routine compensation-related activity and should not be interpreted as a direct buy or sell of company stock.