Sunbelt Rentals Holdings, Inc. filed an 8-K on October 27, 2026, disclosing that Executive Vice President, General Counsel and Corporate Secretary Lynne Fuller-Andrews notified the company on October 23, 2026 of her intention to retire effective November 1, 2027.

Key Highlights

  • Retirement notification date: Lynne Fuller-Andrews notified Sunbelt Rentals Holdings, Inc. of her planned retirement on October 23, 2026.
  • Effective retirement date: Ms. Fuller-Andrews' retirement is set for November 1, 2027, following a Transition Period in a non-executive capacity.
  • Immediate role change: Ms. Fuller-Andrews stepped down as Executive Vice President, General Counsel and Corporate Secretary effective October 23, 2026.
  • Transition base salary: Ms. Fuller-Andrews will receive a base salary of $637,500 during the Transition Period, according to the filing.
  • Fiscal year cash bonus: She will receive a cash bonus of $510,000 for the company's fiscal year ending April 30, 2027.
  • Equity awards: Subject to execution and non-revocation of a release of claims, outstanding equity awards on the Retirement Date will vest and settle per applicable award agreement retirement provisions.
  • Successor search: The company disclosed it has commenced a search for its next General Counsel.

Fuller-Andrews Transition Terms and Leadership Change at Sunbelt Rentals

According to the 8-K filed with the SEC, Lynne Fuller-Andrews, who served as Executive Vice President, General Counsel and Corporate Secretary of Sunbelt Rentals Holdings, Inc. (NYSE:SUNB), stepped down from those executive roles on October 23, 2026, the same day she provided notice of her planned retirement. The company reported that she will continue in a non-executive capacity through November 1, 2027, described in the filing as the "Transition Period," to facilitate a transition of her responsibilities.

In connection with her retirement, the company disclosed that Ms. Fuller-Andrews entered into a Transition and Retirement Agreement. Under that agreement, she will receive a base salary of $637,500 during the Transition Period and a cash bonus of $510,000 for the company's fiscal year ending April 30, 2027. The filing states that Ms. Fuller-Andrews will not be eligible to receive any additional cash or equity incentive compensation during the Transition Period. The company noted that the full text of the Retirement Agreement will be filed with its quarterly report on Form 10-Q.

Regarding equity compensation, the filing states that each of Ms. Fuller-Andrews' equity awards outstanding on the Retirement Date will vest and be settled in accordance with the retirement provisions in the applicable award agreements, subject to her execution and non-revocation of a release of claims. The company also disclosed that it has commenced a search for its next General Counsel. The 8-K was signed by Gerald W. Clanton, Associate General Counsel and Assistant Corporate Secretary, on October 27, 2026.

What Was Disclosed

Sunbelt Rentals Holdings, Inc. reported the planned retirement of its General Counsel Lynne Fuller-Andrews, her immediate transition to a non-executive role, and the key financial terms of her Transition and Retirement Agreement, including salary and a fiscal year cash bonus.