United Rentals (NYSE: URI) CEO sells 22,768 shares near $985
Rhea-AI Filing Summary
UNITED RENTALS, INC. President & CEO Matthew John Flannery reported an open-market sale of 22,768 shares of Common Stock on April 24, 2026, at an average price of $984.976 per share. Following the sale, he directly holds 99,980.275 shares.
The filing notes that the reported price is an average for multiple transactions executed that day, with individual trade prices ranging from $980.57 to $1001.11. Flannery has undertaken to provide full trade-by-trade detail within this range upon request.
Positive
- None.
Negative
- None.
Insights
URI’s CEO sold 22,768 shares at about $985, retaining nearly 100,000 shares.
The President & CEO of UNITED RENTALS, INC., Matthew John Flannery, executed an open-market sale of 22,768 Common Stock shares at an average price of $984.976 on April 24, 2026. This is a straightforward discretionary sale rather than an option exercise or tax withholding event.
After the transaction, Flannery still directly owns 99,980.275 shares, indicating he retains a substantial equity position. The disclosed trade price range of $980.57 to $1001.11 reflects multiple executions across the trading day, and the filing notes that detailed breakdowns are available upon request.
From an ownership perspective, the transaction represents a reduction but not an exit, and there is no reference here to a pre-arranged Rule 10b5-1 trading plan. The overall significance for investors depends on how this sale fits into his broader historical trading pattern, which is not detailed in this single filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 22,768 | $984.976 | $22.43M |
Footnotes (1)
- [object Object]