De Shon Larry D 4

What Happened Larry D. De Shon, a director of United Rentals, was awarded 203 restricted stock units (RSUs) on 2026-05-08 (reported on Form 4 filed 2026-05-12). The award is reported at $937.00 per share, for a total reported value of $190,211. This is an equity award (acquisition code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-08; 203 RSUs @ $937.00 each (total $190,211).
• Type: Award/Grant (RSUs) reported as an acquisition (code A).
• Vesting/settlement: RSUs are fully vested on grant (per footnote) but payment/settlement is deferred until May 8, 2029, unless accelerated in certain circumstances.
• Conversion: RSUs settle one-for-one into common stock under the Director RSU Agreement.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timing: Form 4 filed 2026-05-12 for a 2026-05-08 transaction (filed 4 days later); Form 4s are normally required within 2 business days, so check the full filing for any explanation of timing.

Context RSUs are a form of compensation: they represent a right to receive shares in the future rather than an immediate open-market purchase. Because these RSUs are fully vested but settlement is deferred until 2029, De Shon does not immediately receive tradable shares or generate proceeds from this grant. This filing informs investors of director compensation and potential future dilution when the RSUs settle.