Form 4: United Rentals CEO Matthew Flannery Reports Stock Disposals for Tax Purposes
SEC Form 4 Filing
Matthew Flannery, CEO of United Rentals, reports the disposal of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 2, 2025, Matthew Flannery disposed of 420.112 shares of United Rentals common stock at a price of $642.32 per share to cover tax obligations.
- Following this transaction, Flannery directly owns 110,668.548 shares of United Rentals common stock.
- On March 3, 2025, Flannery disposed of 515.823 shares of United Rentals common stock at a price of $617.52 per share to cover tax obligations.
- Following this transaction, Flannery directly owns 110,152.725 shares of United Rentals common stock.
- The disposals were related to the vesting and settlement of restricted stock units previously granted to Flannery.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. The sale of shares to cover tax obligations upon vesting of restricted stock units is a standard practice.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is generally viewed as a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 03/02/2025 | Disposal of 420.112 shares of common stock for tax purposes at $642.32 per share. |
| 03/03/2025 | Disposal of 515.823 shares of common stock for tax purposes at $617.52 per share. |
| 03/04/2025 | Date of signature by Alison M. Walsh, Attorney-in-fact. |
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