Form 4: URI COO's Stock Vesting and Tax Withholding

United Rentals' EVP and COO, Michael D. Durand, reported the vesting of performance-based restricted stock units and subsequent tax-related share disposition.

Summary

• Michael D. Durand, EVP, Chief Operating Officer of United Rentals, Inc. (URI), reported transactions related to company common stock.
• On January 28, 2026, Durand acquired 2,217 shares of common stock at a price of $903.19 per share.
• These shares were delivered upon the vesting of performance-based restricted stock units, settling on a one-for-one basis.
• Concurrently, Durand disposed of 957.678 shares of common stock at $903.19 per share for tax purposes, in connection with the vesting and settlement of the restricted stock units.
• Following these transactions, Durand directly beneficially owns 9,947.537 shares of United Rentals common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard executive compensation transaction (vesting and tax withholding) that does not inherently signal positive or negative company performance or future prospects.

Positives

• Vesting of performance-based restricted stock units indicates that performance targets were met, aligning executive incentives with company success.

Negatives

• Disposition of shares for tax purposes reduces the executive's direct ownership, though this is a standard practice for equity compensation.

Industry Context

StockSavvy.ai notes that routine insider transactions like RSU vesting and tax-related sales are common across industries, particularly for executives receiving equity compensation. These transactions typically do not reflect a change in management's outlook on the company's future, especially when conducted under a pre-arranged 10b5-1 plan.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine compensation event. It confirms executive compensation structure and performance-based vesting.

Key Dates

Keywords

United Rentals, URI, Michael D. Durand, Form 4, Insider Transaction, Restricted Stock Units, Performance-Based Equity, Executive Compensation, Stock Vesting, Tax Withholding