URI director granted 34 phantom stock units
UNITED RENTALS, INC. director Marc A. Bruno reported receiving an award of 34 Phantom Stock Units on Common Stock, treated as an acquisition under the company’s deferred compensation plan for directors.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
UNITED RENTALS, INC. director Marc A. Bruno reported receiving an award of 34 Phantom Stock Units on Common Stock, treated as an acquisition under the company’s deferred compensation plan for directors. Each unit has the economic equivalent of one share and is funded with deferred fees. Following this award, Bruno holds 7,745 units, which will be paid out in Common Stock on a one-for-one basis after his board service ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34 | $1,132.89 | $39K |
Footnotes (3)
- F1. Represents Phantom Stock Units acquired under the United Rentals, Inc. Deferred Compensation Plan for Directors. The Phantom Stock Units are deemed to be invested in shares of Common Stock (with each unit having the economic equivalent of one share).
- F2. The Common Stock represented by the Phantom Stock Units will be paid to the reporting person on a one-for-one basis on the first day of the month immediately following termination of the reporting person's service as a director.
- F3. Represents amount of deferred fees used to acquire one Phantom Stock Unit.
Key Figures
Key Terms
Phantom Stock Units financial
Deferred Compensation Plan for Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UNITED RENTALS (URI) director Marc A. Bruno report?
Is Marc A. Bruno’s Form 4 transaction in URI stock a market buy or sell?
How are UNITED RENTALS (URI) Phantom Stock Units structured for directors?
What does the $1,132.89 figure represent in Marc A. Bruno’s URI Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.