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URIUnited Rentals · Insider ownership research

United Rentals insiders sold $30.5M in the past 12 months. How much of their stake is that?

About 16% overall. As a group they still hold 93% of their starting shares.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 261 of the 311 other companies we can measure (#51 of 312)See ranking
1
buyer among officers and directors (1 trade), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
6 of 16
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Sep 29, 2026Michael Durand had 492 shares ($499K) withheld by the company for taxes (not a market sale). That is 5.9% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Michael Durand
EVP, Chief Operating Officer
492$1014.545.9%7.8KSep 29, 2026Sep 30, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? In line with the past 5 years. 6 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Oct 1 for a stock award on Sep 30. Marc Bruno received an award of 38 shares. Filing
50 SEC ownership filings in the period · See the evidence

What stands out

Two officers sold more than 25% of vested holdings: William Grace (39% of holdings, $2.9M, none under a disclosed plan) and Michael Durand (28% of holdings, $2.0M, none under a disclosed plan).William Grace: largest sale, Jul 24, 2026 · Michael Durand: largest sale, Feb 2, 2026
Two officers sold $24.8M with no disclosed plan: Matthew Flannery ($22.4M, 20% of holdings) and Craig Pintoff ($2.4M, 17%). The filings don't state a reason.Matthew Flannery: largest such sale, Apr 24, 2026 · Craig Pintoff: largest such sale, Apr 27, 2026
Shiv Singh bought 68 shares for $53K, first on Feb 2, 2026. These are the first by current officers or directors since May 9, 2022.Purchase, Feb 2, 2026

Percentages cover 15 of 16 officers and directors. Left out: Alexander Taussig (held no vested shares at the start). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Matthew Flannery
President & CEO, Director
20% · $22.4MNo plan disclosed
William Grace
EVP, CFO
39% · $2.9MNo plan disclosed
Craig Pintoff
EVP, Chief Admin. Officer
17% · $2.4MNo plan disclosed
Michael Durand
EVP, Chief Operating Officer
28% · $2.0MNo plan disclosed
Andrew Limoges
VP, Controller
29% · $536KNo plan disclosed
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNovDecJanFeb 2026: $3.2M no plan disclosedFebMarApr 2026: $25.6M no plan disclosed$25.6MAprMayJunJul 2026: $1.7M no plan disclosedJulAugSepOct

Common questions

Is the United Rentals CEO selling stock?

Yes. Matthew Flannery sold 23K shares ($22.4M, 20% of starting holdings) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are United Rentals insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any United Rentals insiders buying?

Yes. 1 officer or director reported 1 purchase in the past 12 months (Form 4 code P, which includes private purchases).

How much of their stake did United Rentals insiders sell?

About 16% overall. As a group they still hold 93% of their starting shares. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Matthew Flannery
President & CEO, Director
$22.4M
23K shares
20%No plan disclosed
William Grace
EVP, CFO
$2.9M
3K shares
39%No plan disclosed
Craig Pintoff
EVP, Chief Admin. Officer
$2.4M
2.5K shares
17%No plan disclosed
Michael Durand
EVP, Chief Operating Officer
$2.0M
2.5K shares
28%No plan disclosed
Andrew Limoges
VP, Controller
$536K
548 shares
29%No plan disclosed
Joli Gross
SVP, Chief LGL & Sustain. Off.
$292K
306 shares
6.2%No plan disclosed
The full ownership picture16 of 16 insiders fully reconciled · 16 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Matthew Flannery
President & CEO, Director
114K−23K100K88%
Vesting, gifts, unvested awards and holding lines for Matthew Flannery
0shares vested or exercised
0gifted (net of own trusts)
−6.8Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock113,69599,980
Craig Pintoff
EVP, Chief Admin. Officer
15K−2.5K15K99%
Vesting, gifts, unvested awards and holding lines for Craig Pintoff
0shares vested or exercised
0gifted (net of own trusts)
−1Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock14,92014,774
Michael Durand
EVP, Chief Operating Officer
8.7K−2.5K7.8K89%
Vesting, gifts, unvested awards and holding lines for Michael Durand
0shares vested or exercised
0gifted (net of own trusts)
−2Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock8,7487,775
William Grace
EVP, CFO
7.8K−3K6.1K78%
Vesting, gifts, unvested awards and holding lines for William Grace
0shares vested or exercised
0gifted (net of own trusts)
−2.6Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock7,7846,062
Shiv Singh
i
Includes unvested RSUs, amount not disclosed.
Director
7.5K07.8Kno sales
Vesting, gifts, unvested awards and holding lines for Shiv Singh
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock7,5327,803
Marc Bruno
i
Includes unvested RSUs, amount not disclosed.
Director
7.4K07.8Kno sales
Vesting, gifts, unvested awards and holding lines for Marc Bruno
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock7,4107,783
Gracia Martore
i
Includes unvested RSUs, amount not disclosed.
Director
7.3K07.2Kno sales
Vesting, gifts, unvested awards and holding lines for Gracia Martore
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock7,2527,242
Terri Kelly
i
Includes unvested RSUs, amount not disclosed.
Director
6.8K07Kno sales
Vesting, gifts, unvested awards and holding lines for Terri Kelly
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock6,7876,990
Kim Jones
i
Includes unvested RSUs, amount not disclosed.
Director
5.1K05.3Kno sales
Vesting, gifts, unvested awards and holding lines for Kim Jones
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock5,0885,291
Joli Gross
SVP, Chief LGL & Sustain. Off.
5K−3065.7K+16%
Vesting, gifts, unvested awards and holding lines for Joli Gross
0shares vested or exercised
0gifted (net of own trusts)
−1.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock4,9645,738
Anthony Leopold
SVP
3.4K04.3Kno sales
Vesting, gifts, unvested awards and holding lines for Anthony Leopold
0shares vested or exercised
0gifted (net of own trusts)
−843withheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock3,3834,310
Larry De Shon
i
Includes unvested RSUs, amount not disclosed.
Director
1.9K02.1Kno sales
Vesting, gifts, unvested awards and holding lines for Larry De Shon
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock1,9202,123
Andrew Limoges
VP, Controller
1.9K−5481.9K98%
Vesting, gifts, unvested awards and holding lines for Andrew Limoges
0shares vested or exercised
0gifted (net of own trusts)
−493withheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock1,8961,865
Francisco Lopez-Balboa
i
Includes unvested RSUs, amount not disclosed.
Director
1.4K01.6Kno sales
Vesting, gifts, unvested awards and holding lines for Francisco Lopez-Balboa
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock1,4021,605
Brandt Heuer
i
Includes unvested RSUs, amount not disclosed.
Director
3600563no sales
Vesting, gifts, unvested awards and holding lines for Brandt Heuer
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock360563
Alexander Taussig
i
Includes unvested RSUs, amount not disclosed. Started reporting during the period; starting holdings are from the Form 3.
Director
00260no sales
Vesting, gifts, unvested awards and holding lines for Alexander Taussig
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock0260

16 of 16 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (16 exactly, 0 with a minor or footnoted difference). Percentages cover 15 of 16 officers and directors. Left out: Alexander Taussig (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$30.5M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $30.5M across 31,576 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $30.5M

Sales with no 10b5-1 plan and no tax reference in the filing. $22.4M of it is Matthew Flannery. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Matthew Flannery, Apr 24, 2026

Taxes

14,888 shares ($13.2M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 1 buyer (1 trade)

1 officer or director bought shares in this period, in 1 trade(Form 4 code P). Across all their filings on record there are 5 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Matthew Flannery
President & CEO, Director
23K$22.4M0%74%Apr 24, 2026 to Apr 24, 2026
William Grace
EVP, CFO
3K$2.9M0%9%Feb 3, 2026 to Jul 24, 2026
Craig Pintoff
EVP, Chief Admin. Officer
2.5K$2.4M0%8%Apr 27, 2026 to Apr 27, 2026
Michael Durand
EVP, Chief Operating Officer
2.5K$2.0M0%6%Feb 2, 2026 to Feb 2, 2026
Andrew Limoges
VP, Controller
548$536K0%2%Apr 24, 2026 to Apr 24, 2026
Joli Gross
SVP, Chief LGL & Sustain. Off.
306$292K0%1.0%Apr 27, 2026 to Apr 27, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$3.2M$0$0$3.2M
Mar 2026$0$0$0$0
Apr 2026$25.6M$0$0$25.6M
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$1.7M$0$0$1.7M
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 6 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
32K6$30.5M
Oct 8, 2025
1 year earlier
8.6K6$5.7M
Oct 8, 2024
2 years earlier
16K8$11.1M
Oct 9, 2023
3 years earlier
46K5$20.9M
Oct 9, 2022
4 years earlier
36K6$11.1M
Oct 9, 2021
5 years earlier
35K6$8.8M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Inferred typo: the share class "Commmon Stock" is treated as the same class as "Common Stock" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Gerald Tsai Jr., 758 shares): old title, new title

Inferred typo: the share class "Common Stockq" is treated as the same class as "Common Stock" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (FAIRHOLME CAPITAL MANAGEMENT LLC, 2,224,062 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,281 filings from SEC EDGAR, and how we read them

All 1,281 Forms 3, 4 and 5 filed for United Rentals (SEC CIK 1067701) from Dec 1, 1999 to Oct 1, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages. 76 older filings exist only on paper and could not be read.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (43)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Bobby GriffinMay 13, 202443,374 shares, last reported balance as of May 9, 2024
Dale AsplundSep 1, 20236,379 shares, last reported balance as of Aug 30, 2023
Jose AlvarezMay 8, 202310,661 shares, last reported balance as of May 7, 2023
Jessica GrazianoAug 1, 202221,587 shares, last reported balance as of Jul 29, 2022
Jeffrey FentonJul 5, 202222,289 shares, last reported balance as of Jun 30, 2022
Michael KneelandMar 14, 2022116,153 shares, last reported balance as of Mar 11, 2022
Filippo PasseriniMay 25, 20219,627 shares, last reported balance as of May 25, 2021
Donald RoofMay 7, 202116,953 shares, last reported balance as of May 6, 2021
Paul McDonnellMar 12, 202019,623 shares, last reported balance as of Mar 11, 2020
Jason PapastavrouNov 7, 201928,591 shares, last reported balance as of Nov 5, 2019
Jenne BritellOct 23, 201827,497 shares, last reported balance as of Oct 22, 2018
William PlummerMar 13, 201855,926 shares, last reported balance as of Mar 13, 2018
Singleton McAllisterDec 13, 201715,446 shares, last reported balance as of Dec 12, 2017
Brian McAuleyFeb 3, 20179,820 shares, last reported balance as of Feb 2, 2017
John McKinneyDec 2, 20164,820 shares, last reported balance as of Dec 2, 2016
Lawrence WimbushNov 10, 20164,838 shares, last reported balance as of Nov 9, 2016
Jonathan GottsegenOct 26, 201511,149 shares, last reported balance as of Oct 23, 2015
James OzanneMay 8, 201523,219 shares, last reported balance as of May 6, 2015
Pierre LeroyMay 9, 20149,505 shares, last reported balance as of May 7, 2014
John FaheyApr 25, 201417,086 shares, last reported balance as of Apr 24, 2014
Howard Clark Jr.Jan 12, 201218,653 shares, last reported balance as of Jan 10, 2012
Joseph DixonMar 15, 201130,768 shares, last reported balance as of Mar 13, 2011
Kenneth DeWittMar 14, 201134,786 shares, last reported balance as of Mar 13, 2011
FAIRHOLME CAPITAL MANAGEMENT LLCApr 16, 200915,667,679 shares, last reported balance as of Apr 16, 2009
Wayland HicksOct 1, 2008334,353 shares, last reported balance as of Sep 29, 2008
Roger SchwedJun 16, 200817,701 shares, last reported balance as of Jun 13, 2008
Gerald Tsai Jr.Jun 13, 2008758 shares, last reported balance as of Mar 13, 2007
APOLLO INVESTMENT FUND IV LPJun 12, 2008No balance on record
Martin WelchApr 1, 200874,036 shares, last reported balance as of Mar 31, 2008
Kurtis BarkerMar 12, 2008111,079 shares, last reported balance as of Mar 10, 2008
Michael GrossJan 28, 2008No balance on record
Leon BlackJan 28, 2008No balance on record
Jacobs BradleyAug 27, 20074,495,607 shares, last reported balance as of Aug 23, 2007
RAM Holdings, Inc.Aug 1, 200720,755,981 shares, last reported balance as of Jul 22, 2007
Mark SuwynJun 6, 2007No balance on record
Todd HelvieApr 26, 200712,500 shares, last reported balance as of Aug 30, 2006
COLBURN MUSIC FUNDApr 25, 20067,660,797 shares, last reported balance as of Apr 24, 2006
School ColburnApr 25, 2006No balance on record
Ronald DefeoMar 4, 2005No balance on record
Joseph SherkDec 3, 200466,872 shares, last reported balance as of Dec 2, 2004
Joseph EhrenreichSep 1, 200460,000 shares, last reported balance as of Sep 1, 2004
Christian WeyerMay 7, 200464,644 shares, last reported balance as of May 5, 2004
John MilneApr 9, 20041,106,132 shares, last reported balance as of Apr 8, 2004