Flannery Matthew John 4

4 · UNITED RENTALS, INC. · Filed Mar 6, 2026

AI-generated summary of this filing

Updated Mar 6, 2026

United Rentals CEO Matthew Flannery Receives RSUs, Sells Shares for Taxes

What Happened

Matthew J. Flannery, President & CEO and director of United Rentals (URI), was awarded restricted stock units (RSUs) totaling 3,600 shares (2,583 + 1,017) at a reported grant value of $851.88/share — total value ≈ $3,066,768.
To cover taxes/withholding and exercise-related obligations, he surrendered/withheld a total of approximately 1,188.143 shares across three transactions (317.202 and 430.700 shares at $851.88/share, and 440.241 shares at $842.93/share), generating proceeds of about $1,008,215. These disposals were tax-withholding or share-surrender actions, not open-market sales.

Key Details

Transaction dates and prices:
- 2026-03-04: Acquired 2,583 RSUs @ $851.88 each = $2,200,406.
- 2026-03-04: Acquired 1,017 RSUs @ $851.88 each = $866,362.
- 2026-03-04: Surrendered 317.202 shares @ $851.88 = $270,218 (tax withholding).
- 2026-03-04: Surrendered 430.700 shares @ $851.88 = $366,905 (tax withholding).
- 2026-03-05: Surrendered 440.241 shares @ $842.93 = $371,092 (tax withholding related to 2025 bonus).
Total acquired: 3,600 shares (~$3.07M). Total disposed/withheld: 1,188.143 shares ($1.01M).
Shares owned after the transactions: not specified in the provided filing details.
Notable footnotes:
- F2: The RSUs are time-based awards (one-third vesting each March 4 in 2027, 2028, 2029) and settle one-for-one in shares upon vesting.
- F1/F5: Disposals represent shares surrendered/withheld for tax purposes related to RSU vesting/settlement.
- F3/F4: Part of the activity relates to the 2025 annual bonus paid in stock; some shares were withheld for taxes.
Timeliness: Form 4 was filed 2026-03-06 for transactions on 2026-03-04 and 03-05 — no late filing indicated.

Context

These were award and withholding transactions, not open-market buys or discretionary insider sales. The RSU grants are compensation awards that will vest over time per the stated schedule; the surrendered shares were used to satisfy tax withholding and related obligations (a routine administrative step). Such transactions reflect compensation mechanics rather than a direct buy/sell signal about the CEO’s market view.

Form 4

Period: 2026-03-04

DirectorPresident & CEO

Transactions

Tax Payment
Common Stock
[F1]
2026-03-04$851.88/sh−317.202$270,218→ 120,019.216 total
Award
Common Stock
[F2]
2026-03-04$851.88/sh+2,583$2,200,406→ 122,602.216 total
Award
Common Stock
[F3]
2026-03-04$851.88/sh+1,017$866,362→ 123,619.216 total
Tax Payment
Common Stock
[F4]
2026-03-04$851.88/sh−430.7$366,905→ 123,188.516 total
Tax Payment
Common Stock
[F5]
2026-03-05$842.93/sh−440.241$371,092→ 122,748.275 total

Footnotes (5)

[F1]Securities disposed of represent shares surrendered for tax purposes in connection with the vesting and settlement of restricted stock units granted and previously reported on Form 4.
[F2]These shares comprise an award of restricted stock units granted to the reporting person. Subject to acceleration in certain circumstances, one-third of the units are scheduled to vest on each of March 4, 2027, March 4, 2028 and March 4, 2029. Units are settled with shares of common stock on a one-for-one basis upon vesting.
[F3]Represents 2025 annual bonus payable in the form of unrestricted common stock.
[F4]Securities disposed of represent shares withheld for tax purposes in connection with award of 2025 annual bonus.
[F5]Securities disposed of represent shares surrendered for tax purposes in connection with the vesting and settlement of restricted stock units granted and previously reported on Form 4.

Signature

/s/ Alison M. Walsh, Attorney-in-fact|2026-03-06

1 file