United Rentals (URI) VP Limoges surrenders shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED RENTALS, INC. executive Andrew B. Limoges, VP and Controller, reported a small share disposition related to tax withholding. On the transaction date, he surrendered 44.487 shares of common stock at $820.58 per share to cover taxes due on previously granted restricted stock units that vested. This was a tax-withholding disposition rather than an open-market sale. After this transaction, he directly owned 2,171.291 shares of United Rentals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Limoges Andrew B.
Role
VP, Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 44.487 | $820.58 | $37K |
Holdings After Transaction:
Common Stock — 2,171.291 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did United Rentals (URI) executive Andrew B. Limoges report on this Form 4?
Andrew B. Limoges reported a small disposition of United Rentals common stock. He surrendered 44.487 shares to satisfy tax obligations arising from the vesting and settlement of previously granted restricted stock units, rather than selling shares in an open-market transaction.
Does this United Rentals (URI) Form 4 indicate an open-market sale by Andrew B. Limoges?
No, the transaction is classified as a tax-withholding disposition, not an open-market sale. Shares were surrendered to cover tax liabilities from restricted stock units that vested, meaning the disposition was tied to equity award settlement rather than active trading decisions.