Form 4: United Rentals EVP Michael Durand Reports Stock Transactions
SEC Form 4
EVP and Chief Operating Officer of United Rentals, Michael Durand, reports acquisition and disposal of common stock related to vesting of performance-based restricted stock units.
Summary
- Michael Durand, EVP and Chief Operating Officer of United Rentals, reported transactions involving United Rentals common stock on January 29, 2025.
- Durand acquired 1,925 shares of common stock at a price of $758.39 per share upon vesting of performance-based restricted stock units.
- He also disposed of 833.55 shares of common stock at $758.39 per share to cover tax obligations related to the vesting.
- Following these transactions, Durand directly owns 8,747.85 shares of United Rentals common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect a significant event for United Rentals or the broader equipment rental industry.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Date of stock acquisition and disposal. |
| 01/31/2025 | Date of signature on the report. |
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