Form 4: United Rentals Director Acquires Phantom Stock Units

Director Marc A. Bruno acquired 38 Phantom Stock Units in United Rentals, Inc. through the Deferred Compensation Plan for Directors.

Summary

• On September 30, 2024, Marc A. Bruno, a director of United Rentals, Inc., acquired 38 Phantom Stock Units under the company's Deferred Compensation Plan for Directors.
• These units are economically equivalent to shares of Common Stock.
• The acquisition was made at a price of $809.73 per unit.
• Following the transaction, Bruno directly owns 6,949 shares of Common Stock.
• The Common Stock represented by the Phantom Stock Units will be paid to Bruno on a one-for-one basis after termination of his service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a director's continued investment in the company through a standard compensation plan, indicating confidence in the company's prospects.

Positives

• The director's participation in the Deferred Compensation Plan demonstrates confidence in the company's future performance.

Future Outlook

The Phantom Stock Units will be paid out on a one-for-one basis in Common Stock after the director's service ends.

Industry Context

Directors often receive stock-based compensation as part of their overall remuneration, aligning their interests with those of shareholders. Deferred compensation plans are a common way to provide this.

Stakeholder Impact

• The transaction signals to shareholders that a director is invested in the company's long-term success.

Key Dates