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UNITED RENTALS, INC.·4

Mar 6, 4:37 PM ET

Grace William E. 4

Research Summary

AI-generated summary

Updated

United Rentals (URI) CFO William E. Grace Receives RSUs, Surrenders Shares

What Happened

  • William E. Grace, Executive Vice President and Chief Financial Officer of United Rentals (URI), was granted restricted stock units (RSUs) and had shares surrendered/withheld to cover tax liabilities in connection with RSU vesting and a 2025 bonus. He was reported as acquiring 987 RSUs at $851.88 each ($840,806) and 356 RSUs at $851.88 each ($303,269) on 2026-03-04 (total 1,343 shares; ~$1,144,075). On Mar 4–5, 2026 he surrendered/withheld a combined ~499 shares to satisfy tax obligations (135.864 @ $851.88 = $115,740; 172.126 @ $851.88 = $146,631; 190.983 @ $842.93 = $160,985; total ~$423,356). These disposals were for tax withholding, not open-market sales.

Key Details

  • Transaction dates & prices:
    • 2026-03-04: Acquired 987 RSUs @ $851.88 (value $840,806) and 356 RSUs @ $851.88 (value $303,269).
    • 2026-03-04: Surrendered 135.864 shares @ $851.88 (tax withholding; $115,740).
    • 2026-03-04: Surrendered 172.126 shares @ $851.88 (tax withholding; $146,631).
    • 2026-03-05: Surrendered 190.983 shares @ $842.93 (tax withholding; $160,985).
  • Net on-report movement: +1,343 RSU awards granted; ~499 shares surrendered/withheld to cover taxes (no open-market sale reported).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes of note:
    • Grants are RSUs (one-for-one settlement) with vesting schedule: one-third on Mar 4 of 2027, 2028 and 2029 (subject to acceleration) [F2].
    • Some surrendered/withheld shares relate to tax withholding for vested RSUs and to withholding for the 2025 annual bonus paid in stock [F1, F4, F5, F3].
  • Filing timing: Form filed 2026-03-06 reporting transactions on Mar 4–5, 2026; no late-filing flag indicated in the filing provided.

Context

  • These are award and tax-withholding transactions: the RSU grants are a compensation award (not a cash purchase) and the disposed shares were surrendered/withheld to satisfy tax obligations—common routine actions that do not necessarily indicate buying or selling sentiment. The RSUs vest over future dates, so the acquired units are not immediately liquid shares.