United Rentals (NYSE: URI) SVP surrenders shares to cover RSU tax bill

Rhea-AI Filing Summary

United Rentals, Inc. insider activity: Senior Vice President Anthony S. Leopold reported a tax-related share disposition. On the transaction date, 74.145 shares of common stock were surrendered at a price of $820.58 per share to cover taxes due on the vesting of previously granted restricted stock units. After this tax-withholding disposition, he directly holds 3,900.976 shares of United Rentals common stock.

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

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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^*

Leopold Anthony S.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		F		74.145(1)	D	$820.58	3,900.976	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. Securities disposed of represent shares surrendered for tax purposes in connection with the vesting and settlement of restricted stock units granted and previously reported on Form 3.

	/s/ Alison M. Walsh, Attorney-in-fact	03/03/2026
	** 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).
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FAQ

What insider transaction did URI executive Anthony S. Leopold report?

Anthony S. Leopold reported a small disposition of United Rentals common stock. He surrendered 74.145 shares at $820.58 per share to cover taxes owed when previously granted restricted stock units vested and settled, rather than making an open-market sale.

Was the URI Form 4 transaction an open-market sale of shares?

No, the URI Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were surrendered to satisfy tax obligations arising from the vesting and settlement of restricted stock units previously reported on an earlier Form 3 filing.

How many United Rentals shares did the URI SVP dispose of for taxes?

The United Rentals senior vice president disposed of 74.145 common shares. These shares were surrendered specifically for tax purposes in connection with restricted stock units vesting, according to the footnote, rather than being sold on the open market to another investor.

At what price were the surrendered URI shares valued in the Form 4?

The surrendered United Rentals shares were valued at $820.58 per share. This price is used in the Form 4 to reflect the value of the 74.145 shares given up to cover the tax liability related to the vesting restricted stock units.

How many United Rentals (URI) shares does Anthony S. Leopold hold after the transaction?

After the tax-withholding share disposition, Anthony S. Leopold directly holds 3,900.976 shares of United Rentals common stock. This post-transaction holding reflects his remaining equity position following the surrender of 74.145 shares for tax obligations on vested restricted stock units.

What does transaction code F mean in the URI Form 4 filing?

Transaction code F indicates shares were disposed of to pay an exercise price or tax liability. In this URI filing, it specifically reflects shares surrendered to satisfy taxes due when restricted stock units vested and settled, rather than a discretionary sale into the market.