United Rentals (NYSE: URI) director granted 203 RSUs, paid in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED RENTALS, INC. director Alexander R. Taussig received an award of 203 shares of Common Stock, recorded at a price of $937 per share. Following this grant, he holds 260 shares directly.
The award is in the form of Restricted Stock Units that convert into Common Stock on a one-for-one basis under a Director Restricted Stock Unit Agreement. The units are fully vested upon award, but, subject to acceleration in certain circumstances, payment will not be made until May 8, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taussig Alexander R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 203 | $937.00 | $190K |
Holdings After Transaction:
Common Stock — 260 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units that will be settled for shares of Common Stock on a one-for-one basis in accordance with the terms of a Director Restricted Stock Unit Agreement between the Company and the Reporting Person. Restricted Stock Units are fully vested upon award. However, subject to acceleration in certain circumstances, payment in respect of the Units will not be made until May 8, 2029.
Key Figures
Shares granted: 203 shares
Grant price per share: $937 per share
Shares held after transaction: 260 shares
+1 more
4 metrics
Shares granted
203 shares
Restricted Stock Unit award to director on May 8, 2026
Grant price per share
$937 per share
Recorded price for Common Stock underlying RSUs
Shares held after transaction
260 shares
Director’s direct Common Stock holdings after award
RSU payment date
May 8, 2029
Deferred payment date for Restricted Stock Units
Key Terms
Restricted Stock Units, Director Restricted Stock Unit Agreement, fully vested upon award, payment in respect of the Units
4 terms
Restricted Stock Units financial
"Represents Restricted Stock Units that will be settled for shares of Common Stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Director Restricted Stock Unit Agreement financial
"in accordance with the terms of a Director Restricted Stock Unit Agreement between the Company and the Reporting Person"
fully vested upon award financial
"Restricted Stock Units are fully vested upon award. However, subject to acceleration in certain circumstances"
payment in respect of the Units financial
"payment in respect of the Units will not be made until May 8, 2029"
FAQ
What insider transaction did UNITED RENTALS (URI) report for Alexander R. Taussig?
Alexander R. Taussig, a director of UNITED RENTALS, received an award of 203 shares of Common Stock. The award is structured as Restricted Stock Units that will settle into shares on a one-for-one basis under a director agreement.
What type of equity did the UNITED RENTALS (URI) director receive in this transaction?
The director received Restricted Stock Units that settle into UNITED RENTALS Common Stock on a one-for-one basis. These units are governed by a Director Restricted Stock Unit Agreement between the company and the reporting person, outlining the terms of the equity award.
When will the Restricted Stock Units granted to the UNITED RENTALS (URI) director be paid?
Payment for the Restricted Stock Units will be made on May 8, 2029, subject to possible acceleration in certain circumstances. Although the units are fully vested upon award, the actual share delivery is deferred until that future payment date.
Are the UNITED RENTALS (URI) Restricted Stock Units to the director vested immediately?
Yes, the Restricted Stock Units are fully vested upon award to the UNITED RENTALS director. However, despite immediate vesting, the company will not make payment in respect of these units until May 8, 2029, except in specified acceleration scenarios.