STOCK TITAN

URI (NYSE: URI) COO reports stock awards and tax-related share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UNITED RENTALS, INC. executive Michael D. Durand, EVP and Chief Operating Officer, reported stock-based compensation activity in company common stock. On March 4, 2026, he acquired awards of 987 shares and 340 shares of common stock as grants and bonus-related stock.

The filing also shows several tax-withholding dispositions, not open-market sales. On March 4 and March 5, 2026, shares were surrendered or withheld at prices between $842.93 and $851.88 per share to cover tax liabilities tied to restricted stock unit vesting and a 2025 annual bonus in stock. Following these transactions, he continued to hold directly owned shares.

Positive

  • None.

Negative

  • None.
Insider Durand Michael D
Role EVP, Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 169.258 $842.93 $143K
Tax Withholding Common Stock 120.409 $851.88 $103K
Grant/Award Common Stock 987 $851.88 $841K
Grant/Award Common Stock 340 $851.88 $290K
Tax Withholding Common Stock 145.69 $851.88 $124K
Holdings After Transaction: Common Stock — 8,266.908 shares (Direct)
Footnotes (1)
  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 4. These shares comprise an award of restricted stock units granted to the reporting person. Subject to acceleration in certain circumstances, one-third of the units are scheduled to vest on each of March 4, 2027, March 4, 2028 and March 4, 2029. Units are settled with shares of common stock on a one-for-one basis upon vesting. Represents 2025 annual bonus payable in the form of unrestricted common stock. Securities disposed of represent shares withheld for tax purposes in connection with award of 2025 annual bonus. 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 4.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Durand Michael D

(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)
EVP, Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 F 120.409(1) D $851.88 7,254.856 D
Common Stock 03/04/2026 A 987(2) A $851.88 8,241.856 D
Common Stock 03/04/2026 A 340(3) A $851.88 8,581.856 D
Common Stock 03/04/2026 F 145.69(4) D $851.88 8,436.166 D
Common Stock 03/05/2026 F 169.258(5) D $842.93 8,266.908 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 4.
2. These shares comprise an award of restricted stock units granted to the reporting person. Subject to acceleration in certain circumstances, one-third of the units are scheduled to vest on each of March 4, 2027, March 4, 2028 and March 4, 2029. Units are settled with shares of common stock on a one-for-one basis upon vesting.
3. Represents 2025 annual bonus payable in the form of unrestricted common stock.
4. Securities disposed of represent shares withheld for tax purposes in connection with award of 2025 annual bonus.
5. 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 4.
/s/ Alison M. Walsh, Attorney-in-fact 03/06/2026
** 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 transactions did URI executive Michael Durand report on this Form 4?

Michael Durand reported stock grants and tax-related share dispositions in UNITED RENTALS, INC. common stock. He received awards of 987 and 340 shares and surrendered or had shares withheld to satisfy tax obligations tied to restricted stock unit vesting and his 2025 annual bonus in stock.

Were Michael Durand’s UNITED RENTALS (URI) transactions open-market stock sales?

The reported UNITED RENTALS transactions were not open-market stock sales. The Form 4 describes the dispositions as shares surrendered or withheld for tax purposes in connection with restricted stock unit vesting and a 2025 annual bonus, rather than discretionary sales into the market.

What stock awards did Michael Durand receive from UNITED RENTALS (URI)?

Michael Durand received awards of 987 shares and 340 shares of UNITED RENTALS common stock. Footnotes explain these include restricted stock units, with one-third scheduled to vest on March 4, 2027, March 4, 2028, and March 4, 2029, and units settling one-for-one in common shares upon vesting.

How were taxes handled on Michael Durand’s URI restricted stock and bonus awards?

Taxes on Michael Durand’s UNITED RENTALS equity compensation were covered by surrendering or withholding shares. Footnotes state that shares were disposed of to satisfy tax liabilities tied to restricted stock unit vesting and the 2025 annual bonus paid in unrestricted common stock.

Does Michael Durand still hold UNITED RENTALS (URI) shares after these Form 4 transactions?

Yes. The Form 4 shows that Michael Durand continued to hold directly owned UNITED RENTALS common shares after the reported grants and tax-withholding dispositions. Transaction entries list share balances following each event, indicating an ongoing equity stake as an executive officer.