Form 4: United Rentals EVP Michael Durand Disposes of Shares for Tax Purposes
SEC Form 4 Filing
Michael Durand, EVP and Chief Operating Officer of United Rentals, disposed of 118 shares of common stock on March 8, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On March 8, 2024, Michael Durand, the EVP and Chief Operating Officer of United Rentals, disposed of 118 shares of common stock.
- The transaction was executed at a price of $676.14 per share.
- The disposal was related to covering tax obligations associated with the vesting and settlement of restricted stock units.
- Following the transaction, Durand directly owns 8,611 shares of United Rentals common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a routine transaction related to tax obligations and doesn't indicate a significant change in the executive's view of the company.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership. It doesn't necessarily reflect a change in the executive's long-term outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposal transaction |
| 03/11/2024 | Date of signature on the Form 4 filing |
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