Sunbelt Rentals EVP Kyle Horgan Receives Dividend Equivalent Units
Sunbelt Rentals Holdings, Inc.
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Filing Summary
Sunbelt Rentals Holdings, Inc. ($SUNB) - Form 4 Filing
Insider: Horgan Kyle (Executive VP, Specialty)
Transaction: Acquisition (Code A) - Dividend Equivalent Units
Date: 2026-09-18
Shares: 31 @ $0.00
Total Value: $0.00
Shares Owned After: 95,152 (Direct)
Significance: Low (Routine dividend equivalent accrual)
Comprehensive Analysis
Executive Summary
On September 22, 2026, Sunbelt Rentals Holdings, Inc. ($SUNB) filed a Form 4 disclosing that Kyle Horgan, Executive VP, Specialty, acquired 31 shares of Common Stock on September 18, 2026.
Transaction Details
- Security: Common Stock
- Transaction Code: A (Grant, award, or other acquisition)
- Shares Acquired: 31
- Price Per Share: $0.00
- Total Transaction Value: $0.00
- Ownership After Transaction: 95,152 shares held directly
Context & Significance
According to the filing footnotes, this transaction reflects dividend equivalent units accrued on existing restricted stock units (RSUs) held by the reporting person. Each dividend equivalent unit represents the right to receive one share of common stock upon vesting and settlement alongside the underlying RSUs. Because this is an automatic dividend accrual on existing equity awards rather than open-market activity, its trading significance is Low.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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