Form 4: United Rentals Director Acquires Phantom Stock

United Rentals Director Marc A. Bruno acquired 34 Phantom Stock Units under the company's Deferred Compensation Plan for Directors.

Summary

• Marc A. Bruno, a Director at United Rentals, Inc., acquired 34 Phantom Stock Units on June 30, 2026.
• These units were acquired under the United Rentals, Inc. Deferred Compensation Plan for Directors.
• Each unit is economically equivalent to one share of Common Stock.
• The acquisition was made using deferred fees totaling $1,132.89 per unit.
• The Phantom Stock Units will be paid out on a one-for-one basis in Common Stock on the first day of the month following the termination of Mr. Bruno's service as a director.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard director compensation transaction rather than a significant strategic or financial event.

Positives

• Director participation in equity plans can signal confidence in the company's future performance.
• The acquisition of phantom stock units indicates a long-term alignment of director interests with shareholders.

Future Outlook

The Phantom Stock Units will be settled in Common Stock upon the reporting person's termination of service as a director.

Industry Context

StockSavvy.ai notes that director compensation through phantom stock units is a common practice in the equipment rental industry, aligning executive incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The transaction reflects standard director compensation practices and may indicate continued director commitment to the company.

Next Steps

• Payment of Phantom Stock Units in Common Stock upon termination of director service.

Key Dates

Keywords

United Rentals, URI, Form 4, Director Compensation, Phantom Stock Units, Deferred Compensation, Insider Transaction, Equity Plan