UNITED RENTALS, INC.·4

Jan 30, 4:46 PM ET

Flannery Matthew John 4

Research Summary

AI-generated summary

Updated

United Rentals (URI) CEO Matthew Flannery Receives Award of 12,231 Shares

What Happened

  • Matthew J. Flannery, President & CEO and a director of United Rentals (URI), had performance-based restricted stock units vest on 2026-01-28. He was issued 12,231 shares at $903.19 per share (total value $11,046,917). To cover tax withholding, 5,169.323 shares were surrendered/disposed at the same per-share value (value surrendered $4,668,881). Net received ≈ 7,061.677 shares, roughly $6.38M in value.

Key Details

  • Transaction date: 2026-01-28; per-share price reported: $903.19.
  • Award (code A): 12,231 shares issued; value $11,046,917.
  • Tax withholding (code F): 5,169.323 shares surrendered; value $4,668,881.
  • Net shares retained ≈ 7,061.677 (net value ≈ $6.38M).
  • Footnotes: F1 — RSUs settled one-for-one in common stock upon vesting. F2 — Shares surrendered represent withholding to satisfy tax obligations on vesting.
  • Shares owned after the transaction: not specified in the filing.
  • Filing timeliness: no late-filing flag noted.

Context

  • This was a routine vesting/settlement of performance-based RSUs, not an open-market purchase or voluntary sale. The surrender of shares to cover taxes is a common practice (share withholding/cashless settlement) and reflects compensation tax withholding rather than a disposition intended as a market sale.