Bruno Marc A 4

What Happened Marc A. Bruno, a director of United Rentals (URI), was granted 34 phantom stock units on 2026-06-30. The units are recorded at $1,132.89 each, representing a total economic value of $38,518. This transaction is an award under the company's deferred compensation plan for directors (transaction code A), not an open‑market purchase.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (timely filing).
• Units/amount: 34 Phantom Stock Units at $1,132.89 per unit; total value $38,518.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes:
  • F1: These are Phantom Stock Units under the United Rentals Deferred Compensation Plan for Directors; each unit has the economic equivalent of one share.
  • F2: The common stock represented by these units will be paid one-for-one in shares on the first day of the month after the director’s service ends.
  • F3: Each unit was acquired using deferred director fees.
• Transaction type: Award/Grant (A); derivative compensation (phantom units), not a cash purchase or sale.

Context Phantom stock units are a deferred-compensation vehicle that mirrors share value but are paid out later (here, in shares after director service ends). Such grants are routine director compensation and do not directly indicate a buy/sell market signal.