United Rentals (NYSE: URI) SVP logs stock awards and tax-related share disposals

Rhea-AI Filing Summary

UNITED RENTALS, INC. senior vice president Anthony S. Leopold reported equity compensation activity involving company common stock. On March 4, 2026, he acquired 405 restricted stock units and 246 shares as stock awards, including an award representing his 2025 annual bonus payable in unrestricted stock.

On the same date, he disposed of 113.997 shares, and on March 5, 2026, he disposed of 73.218 shares, in each case to cover tax obligations related to vesting or award of these shares. After these transactions, he directly owned 4,309.616 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)
03/04/2026

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		55.145(1)	D	$851.88	3,845.831	D
Common Stock	03/04/2026		A		405(2)	A	$851.88	4,250.831	D
Common Stock	03/04/2026		A		246(3)	A	$851.88	4,496.831	D
Common Stock	03/04/2026		F		113.997(4)	D	$851.88	4,382.834	D
Common Stock	03/05/2026		F		73.218(5)	D	$842.93	4,309.616	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).
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FAQ

What insider transactions did URI SVP Anthony S. Leopold report?

Anthony S. Leopold reported stock awards and related tax share dispositions. He received restricted stock units and unrestricted common stock, then surrendered and withheld shares to cover tax obligations tied to vesting and his 2025 annual bonus, leaving him with directly owned common shares.

How many United Rentals (URI) shares did the SVP acquire in awards?

Leopold acquired 405 restricted stock units and 246 shares of common stock as awards. The restricted stock units vest in three equal installments over future years, while the 246 shares represent his 2025 annual bonus paid in unrestricted stock rather than cash compensation.

Why did the United Rentals (URI) SVP dispose of some shares?

The disposed shares were used to satisfy tax obligations, not open-market selling. Shares were surrendered or withheld in connection with restricted stock unit vesting and settlement, and with the 2025 annual bonus stock award, according to the transaction codes and descriptive footnotes provided.

How many URI shares did the SVP dispose of for tax purposes?

Leopold disposed of 113.997 shares on March 4, 2026, and 73.218 shares on March 5, 2026. Footnotes explain these amounts reflect shares surrendered or withheld to cover tax liabilities tied to equity awards and bonus-related stock compensation rather than discretionary sales.

What is the vesting schedule of the new restricted stock units at United Rentals (URI)?

The restricted stock unit award vests in three equal parts. One-third of the units are scheduled to vest on each of March 4, 2027, March 4, 2028, and March 4, 2029, with each vested unit settling into one share of common stock upon vesting.

How many United Rentals (URI) shares does the SVP own after these transactions?

After the reported equity award and related tax dispositions, Leopold directly owns 4,309.616 shares of United Rentals common stock. This figure reflects his updated direct beneficial ownership following the vesting, bonus share issuance, and associated share surrenders for tax purposes.