MARTORE GRACIA C 4

What Happened

• Gracia C. Martore, a director of United Rentals (URI), was granted 203 restricted stock units (RSUs) on 2026-05-08.
• The award is reported at a grant value of $937.00 per share, totaling $190,211. These are awards (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Filed with SEC (Form 4) on 2026-05-12 — filing appears timely.
• Grant size and price: 203 RSUs at a notional $937.00 each (total $190,211).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: RSUs will settle one-for-one into common shares per the Director RSU Agreement.
  • F2: RSUs are fully vested upon award, but payment/settlement is deferred until May 8, 2029 (subject to acceleration in certain circumstances).
• Transaction type: Award/Grant (A).

Context

• RSUs are a deferred-equity award: they represent a promise to receive shares later rather than an immediate cash purchase or sale. Because these RSUs are vested but payment is delayed until 2029, this is a compensation-related grant rather than a direct market bet by the director.
• As a director (not necessarily a 10% owner or executive), this award is part of director compensation practices and should be interpreted as compensation, not a trading signal.