Sunbelt Rentals Holdings CEO Brendan Horgan Reports Tax Withholding Transaction
Sunbelt Rentals Holdings, Inc.
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Filing Summary
📋 Form 4 Filed for Sunbelt Rentals Holdings, Inc. ($SUNB) Insider: Horgan Brendan (Chief Executive Officer) Transaction Date: 2026-09-19 Action: Disposition (Tax Withholding) Shares Transacted: 3,700 @ $73.59 Total Value: $272,283.00 Shares Held After: 747,694 Significance: Low (Routine tax withholding on RSU vest)
Comprehensive Analysis
Executive Summary
On September 22, 2026, Sunbelt Rentals Holdings, Inc. (ticker: SUNB) filed a Form 4 disclosing transactions by its Chief Executive Officer and Director, Brendan Horgan. The primary disposition reported was 3,700 shares withheld on September 19, 2026, at a price of $73.59 per share (total value of $272,283.00) to satisfy statutory tax obligations arising from the vesting of restricted stock units (RSUs).
Additionally, the filing notes an accrual of 196 dividend equivalent units on September 18, 2026, which vest and settle alongside underlying RSUs.
Transaction Details
- Date of Primary Disposition: September 19, 2026
- Security: Common Stock
- Transaction Code:
F(Payment of exercise price or tax liability by delivering or withholding securities) - Shares Disposed: 3,700 shares
- Execution Price: $73.59 per share
- Gross Value: $272,283.00
- Direct Beneficial Ownership Remaining: 747,694 shares
Significance & Market Assessment
The trading significance of this event is rated as Low. The disposition reflects an involuntary withholding of shares for tax obligations related to equity award vesting rather than an open-market discretionary sale. CEO Brendan Horgan continues to retain a significant ownership stake of 747,694 shares.
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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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