United Rentals (NYSE: URI) CEO surrenders shares for tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED RENTALS, INC. President & CEO Matthew John Flannery reported a Form 4 transaction involving company common stock. He disposed of 420.1120 shares at $820.5800 per share to cover tax obligations tied to vesting and settlement of previously granted restricted stock units, rather than an open-market sale. After this tax-withholding disposition, he directly holds 120336.4180 shares of United Rentals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flannery Matthew John
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 420.112 | $820.58 | $345K |
Holdings After Transaction:
Common Stock — 120,336.418 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did UNITED RENTALS (URI) report for Matthew John Flannery?
UNITED RENTALS reported that President & CEO Matthew John Flannery disposed of 420.1120 common shares. The shares were surrendered to cover tax obligations from vesting and settlement of previously granted restricted stock units, rather than through an open-market sale.
Was the UNITED RENTALS (URI) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 420.1120 shares were surrendered to satisfy tax liabilities associated with vesting and settlement of restricted stock units that had been previously reported.
What does transaction code "F" mean in the UNITED RENTALS (URI) Form 4?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this case, 420.1120 shares were surrendered to cover taxes due on the vesting and settlement of previously granted restricted stock units.