Gross Joli L. 4

What Happened Joli L. Gross, Senior Vice President and Chief Legal & Sustainability Officer of United Rentals (URI), received an award of 1,417 shares on 2026-01-28 as settlement of performance-based restricted stock units (PBRSUs) at $903.19 per share (total value ≈ $1,279,820). Simultaneously, 664.627 shares were surrendered to cover tax withholding related to the vesting (treated as a disposition) at the same price (value ≈ $600,284). This was an award/settlement transaction (not an open-market purchase or sale).

Key Details

• Transaction dates: 2026-01-28 (reported on Form 4 filed 2026-01-30) — filing appears timely.
• Award: 1,417 shares @ $903.19 = $1,279,820 (code A — award/grant/acquisition).
• Tax withholding/disposition: 664.627 shares @ $903.19 = $600,284 (code F — shares surrendered for tax).
• Footnotes: F1 — shares were delivered upon vesting of performance-based RSUs, settled one-for-one; F2 — shares surrendered represent withholding for taxes on vesting.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This was a routine equity compensation settlement (vesting of PBRSUs). The award increases Gross’s held equity position, while the surrendered shares are a standard tax-withholding mechanism and do not necessarily signal buying or selling intent.
• For retail investors, awards reflect compensation and retention practices; purchases are typically more informative about insider sentiment than routine vesting.