United Rentals (NYSE: URI) SVP surrenders 93.607 shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED RENTALS, INC. senior vice president Joli L. Gross reported a disposition of 93.607 shares of common stock. The shares were surrendered to cover taxes due on the vesting and settlement of previously granted restricted stock units, rather than sold in an open-market trade. After this tax-withholding transaction, Gross directly holds 5,558.198 shares of United Rentals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gross Joli L.
Role
SVP, Chief LGL & Sustain. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 93.607 | $820.58 | $77K |
Holdings After Transaction:
Common Stock — 5,558.198 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did UNITED RENTALS (URI) report for Joli L. Gross?
UNITED RENTALS reported that SVP Joli L. Gross disposed of 93.607 shares of common stock. The shares were surrendered to satisfy tax obligations arising from the vesting and settlement of previously granted restricted stock units, rather than being sold in an open-market transaction.
Was the UNITED RENTALS (URI) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 identifies code “F,” meaning shares were surrendered to pay exercise price or tax liability, and the footnote clarifies they were surrendered for tax purposes on restricted stock unit vesting and settlement.
What is Joli L. Gross’s role at UNITED RENTALS (URI) in this Form 4?
Joli L. Gross is identified as an officer of UNITED RENTALS, serving as Senior Vice President, Chief Legal and Sustainability Officer. The Form 4 reflects her equity-based compensation activity, specifically shares surrendered for taxes on restricted stock units previously reported on an earlier Form 3 filing.