Jones Kim Harris 4
Research Summary
AI-generated summary
United Rentals (URI) Director Jones Kim Harris Receives Award
What Happened
Jones Kim Harris, a director of United Rentals, was granted 203 restricted stock units (RSUs) on May 8, 2026. The award is reported at $937.00 per share, for a total reported value of $190,211. This was an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date and type: 2026-05-08 — Award/Grant (Code A).
- Price/value: $937.00 per share; 203 RSUs; total $190,211.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes:
- The RSUs settle one-for-one into common shares under the Director RSU Agreement.
- The RSUs are fully vested upon award but payment (share delivery) will not be made until May 8, 2029 (subject to acceleration in certain circumstances).
- Filing: Report filed with the SEC on 2026-05-12 (timely relative to the reported transaction date).
Context
This was a compensation award to a director, not a purchase or sale. Because the RSUs are fully vested but settlement is deferred until 2029, Harris does not immediately receive shares or cash from this grant; the award will convert to shares on the scheduled settlement date (or earlier if acceleration conditions apply). Such grants are common for directors and reflect compensation arrangements rather than direct buying/selling of stock.