Director Alexander Taussig receives 57 stock units at United Rentals (URI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taussig Alexander R. reported acquisition or exercise transactions in this Form 4 filing.
UNITED RENTALS, INC. director Alexander R. Taussig reported an equity award of 57 restricted stock units, each convertible into one share of common stock. The units are fully vested at grant but, absent acceleration, will not be paid out in shares until February 17, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taussig Alexander R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57 | $848.13 | $48K |
Holdings After Transaction:
Common Stock — 57 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units that will be settled for shares of Common Stock on a one-for-one basis in accordance with the terms of a Director Restricted Stock Unit Agreement between the Company and the Reporting Person. Restricted Stock Units are fully vested upon award. However, subject to acceleration in certain circumstances, payment in respect of the Units will not be made until February 17, 2029.
FAQ
What insider transaction did URI director Alexander R. Taussig report?
Alexander R. Taussig reported receiving 57 restricted stock units tied to UNITED RENTALS, INC. common stock. These units represent a grant or award, rather than an open-market share purchase or sale, and are settled in stock on a one-for-one basis at a future date.
When will Alexander R. Taussig’s URI restricted stock units be paid?
The restricted stock units are fully vested immediately but payment in shares is deferred until February 17, 2029, unless accelerated under certain conditions. At that time, each unit will be settled in one share of UNITED RENTALS, INC. common stock under the award agreement terms.
Are Alexander R. Taussig’s URI restricted stock units already vested?
Yes, the restricted stock units are fully vested upon award according to the filing footnotes. Although vested, the actual delivery of UNITED RENTALS, INC. common shares will occur on February 17, 2029, unless the payment date is accelerated in specific circumstances described in the agreement.