Leopold Anthony S. 4

What Happened
Leopold Anthony S., Senior Vice President of United Rentals (URI), had 1,119 performance-based restricted stock units vest and be settled in shares on Jan 28, 2026 (code A). The shares were valued at $903.19 each, totaling $1,010,670. In connection with the vesting, 526.831 shares were surrendered to cover tax withholding (code F), valued at $475,828. Net shares retained from the vesting were 592.169 (about $534,842 at the grant price).

Key Details

• Transaction date: January 28, 2026. Form 4 filed Jan 30, 2026 (filed within the typical 2-business-day window).
• Award: 1,119 shares acquired at $903.19 each = $1,010,670 (code A).
• Tax withholding: 526.831 shares surrendered at $903.19 each = $475,828 (code F).
• Net increase in shares: 592.169 shares (1,119 − 526.831) — net value ≈ $534,842 using the same per-share price.
• Footnotes: F1 notes these were performance-based RSUs settled one-for-one in common stock; F2 confirms the surrendered shares were for tax withholding at vesting.
• Shares owned after transaction: Not reported in the supplied summary of the filing.

Context
This was a vesting/settlement of performance-based RSUs and routine tax withholding — not an open-market buy or sale. Such transactions reflect compensation realization rather than a directional trade by the insider. Tax-withholding by share surrender (a cashless-like action) is common when equity awards vest.