Form 4: United Rentals Director Bruno Marc A Acquires Phantom Stock Units

Director Bruno Marc A acquired 47 Phantom Stock Units in United Rentals, Inc. under the Deferred Compensation Plan for Directors on June 30, 2024.

Summary

• On June 30, 2024, Bruno Marc A, a director of United Rentals, Inc., acquired 47 Phantom Stock Units under the company's Deferred Compensation Plan for Directors.
• These units are economically equivalent to shares of Common Stock and were acquired at a price of $646.73 per unit.
• The Common Stock represented by these Phantom Stock Units will be paid out on a one-for-one basis upon termination of the director's service.
• Following the transaction, Bruno Marc A beneficially owns 6,911 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

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.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, specifically the acquisition of Phantom Stock Units by a director under a deferred compensation plan. It reflects standard executive compensation practices within publicly traded companies.

Stakeholder Impact

• The acquisition of Phantom Stock Units by a director aligns their interests with those of the shareholders, as the value of the units is tied to the performance of the company's stock.

Key Dates