United Rentals (URI) director awarded 34 phantom stock units in deferred pay plan

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

1 transaction reported

Mixed 1 txn

Insider Bruno Marc A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	34	$1,132.89	$39K

Holdings After Transaction: Common Stock — 7,745 shares (Direct, null)

Footnotes (1)

1. 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). 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. Represents amount of deferred fees used to acquire one Phantom Stock Unit.

Key Figures

Phantom Stock Units granted: 34 units Per-unit deferred fee amount: $1,132.89 Total units after grant: 7,745 units

3 metrics

Phantom Stock Units granted 34 units Grant under Deferred Compensation Plan for Directors on Common Stock

Per-unit deferred fee amount $1,132.89 Amount of deferred fees used to acquire one Phantom Stock Unit

Total units after grant 7,745 units Total Phantom Stock Units held by Marc A. Bruno following the transaction

Key Terms

Phantom Stock Units, Deferred Compensation Plan for Directors, economic equivalent of one share

3 terms

Phantom Stock Units financial

"Represents Phantom Stock Units acquired under the United Rentals, Inc. Deferred Compensation Plan for Directors."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Deferred Compensation Plan for Directors financial

"Represents Phantom Stock Units acquired under the United Rentals, Inc. Deferred Compensation Plan for Directors."

A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.

economic equivalent of one share financial

"with each unit having the economic equivalent of one share"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:45 PM Accepted by SEC EDGAR 07/01/2026 - 04:44 PM Learn about SEC filing dates

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^*

Bruno Marc A

(Last) (First) (Middle)

C/O UNITED RENTALS, INC.

100 FIRST STAMFORD PLACE, SUITE 700

(Street)

STAMFORD CONNECTICUT 06902

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNITED RENTALS, INC. [ URI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/30/2026		A		34(1)(2)	A	$1,132.89(3)	7,745	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. 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).

2. 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.

3. Represents amount of deferred fees used to acquire one Phantom Stock Unit.

	/s/ Alison M. Walsh, Attorney-in-fact	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UNITED RENTALS (URI) director Marc A. Bruno report?

Marc A. Bruno reported receiving 34 Phantom Stock Units tied to UNITED RENTALS Common Stock. These units were granted under the company’s deferred compensation plan for directors and increase his total deferred units to 7,745 after the transaction.

Is Marc A. Bruno’s Form 4 transaction in URI stock a market buy or sell?

The Form 4 reports a grant of 34 Phantom Stock Units, not an open-market buy or sell. It is classified as a grant or award acquisition, reflecting deferred director compensation rather than a discretionary stock trade.

How are UNITED RENTALS (URI) Phantom Stock Units structured for directors?

Phantom Stock Units are deemed invested in UNITED RENTALS Common Stock, with each unit economically equal to one share. They represent deferred director fees and track the value of the underlying stock without immediate share delivery or voting rights disclosures in this excerpt.

When will Marc A. Bruno receive UNITED RENTALS shares for his Phantom Stock Units?

The Common Stock represented by Marc A. Bruno’s Phantom Stock Units will be delivered on a one-for-one basis. Payment occurs on the first day of the month immediately following the end of his service as a director of UNITED RENTALS.

What does the $1,132.89 figure represent in Marc A. Bruno’s URI Form 4?

The $1,132.89 amount represents the deferred fees used to acquire one Phantom Stock Unit under UNITED RENTALS’ deferred compensation plan for directors. It is the per-unit amount of fees converted into the phantom equity award reported in the transaction.

How many UNITED RENTALS-related units does Marc A. Bruno hold after this Form 4 transaction?

After receiving 34 additional Phantom Stock Units, Marc A. Bruno’s total reported holdings rise to 7,745 units. Each unit is economically equivalent to one share of UNITED RENTALS Common Stock and will be settled in stock after his board service concludes.