United Rentals (URI) director defers fees into 47 phantom stock units

Rhea-AI Filing Summary

United Rentals, Inc. reported that one of its directors acquired additional exposure to company stock through deferred compensation. On 12/31/2025, the director received 47 Phantom Stock Units under the United Rentals Deferred Compensation Plan for Directors at a reference amount of $809.32 per unit, using deferred fees rather than cash. Each Phantom Stock Unit has the economic equivalent of one share of common stock and will be settled in actual shares on a one-for-one basis after the director’s board service ends. Following this transaction, the director beneficially owns 7,457 shares of United Rentals common stock directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bruno Marc A

(Last) (First) (Middle)

C/O UNITED RENTALS, INC.

100 FIRST STAMFORD PLACE, SUITE 700

(Street)

STAMFORD CT 06902

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITED RENTALS, INC. [ URI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/31/2025		A		47(1)(2)	A	$809.32(3)	7,457	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents Phantom Stock Units acquired under the United Rentals, Inc. Deferred Compensation Plan for Directors. The Phantom Stock Units are deemed to be invested in shares of Common Stock (with each unit having the economic equivalent of one share).

2. The Common Stock represented by the Phantom Stock Units will be paid to the reporting person on a one-for-one basis on the first day of the month immediately following termination of the reporting person's service as a director.

3. Represents amount of deferred fees used to acquire one Phantom Stock Unit.

	/s/ Alison M. Walsh, Attorney-in-fact	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did United Rentals (URI) report in this Form 4?

The filing shows that a United Rentals director acquired 47 Phantom Stock Units on 12/31/2025 under the company’s Deferred Compensation Plan for Directors.

What are Phantom Stock Units in the United Rentals (URI) director plan?

The Phantom Stock Units are deemed invested in United Rentals common stock, with each unit having the economic equivalent of one share of common stock.

When will the United Rentals director receive the shares tied to these Phantom Stock Units?

The common stock represented by the Phantom Stock Units will be paid to the director on a one-for-one basis on the first day of the month immediately following the end of the director’s service.

How were the Phantom Stock Units acquired in this United Rentals (URI) filing?

The filing states that the units represent deferred fees used to acquire one Phantom Stock Unit at an amount of $809.32 per unit.

How many United Rentals (URI) shares does the director own after this transaction?

After the reported transaction, the director beneficially owns 7,457 shares of United Rentals common stock directly.

Is the United Rentals (URI) Form 4 filed for one or multiple reporting persons?

The document indicates that it is a Form filed by one reporting person, not a joint or group filing.