Flannery Matthew John 4
Research Summary
AI-generated summary
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.