United Rentals (NYSE: URI) director surrenders RSUs to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED RENTALS, INC. director Gracia C. Martore reported a small, tax-related share disposition. On May 4, 2026, she disposed of 213 shares of Common Stock back to United Rentals at $925.21 per share. A footnote explains this represented restricted stock units surrendered to the company for cash to satisfy tax obligations tied to the settlement of RSUs granted on May 4, 2023. After this transaction, she directly holds 7,039 shares, indicating the move was a routine compensation and tax event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARTORE GRACIA C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 213 | $925.21 | $197K |
Holdings After Transaction:
Common Stock — 7,039 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares disposed: 213 shares
Transaction price: $925.21 per share
Shares held after: 7,039 shares
+1 more
4 metrics
Shares disposed
213 shares
Disposition to issuer on May 4, 2026
Transaction price
$925.21 per share
Cash received for RSU-related disposition
Shares held after
7,039 shares
Direct ownership following the Form 4 transaction
Grant date of RSUs
May 4, 2023
Original grant date of restricted stock units settled
Key Terms
restricted stock units, disposition to issuer, tax obligations, Form 4
4 terms
restricted stock units financial
"Represents disposition of restricted stock units to United Rentals, Inc. for cash"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
tax obligations financial
"for cash to enable reporting person to satisfy tax obligations associated with the settlement"
Form 4 regulatory
"restricted stock units granted on May 4, 2023 and previously reported on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did United Rentals (URI) director Gracia Martore report on this Form 4?
Director Gracia C. Martore reported disposing of 213 shares of United Rentals common stock back to the company. The shares were related to restricted stock units and used to generate cash to cover associated tax obligations upon settlement.
Was Gracia Martore’s United Rentals (URI) transaction an open-market sale?
No. The filing states the 213 shares represented restricted stock units surrendered to United Rentals for cash to satisfy tax obligations. This means it was a tax-related disposition to the issuer, not a sale on the open market to other investors.
What does transaction code D mean in this United Rentals (URI) Form 4?
Transaction code D indicates a disposition to the issuer. In this case, it reflects restricted stock units being surrendered back to United Rentals for cash, specifically to cover tax liabilities tied to the settlement of previously granted RSUs.