CEO Flannery sells 22,768 URI shares ($22.4M) at $984.98; stock +30.3% in 30 days, now trading -4.5% from high
Matthew John Flannery, President & CEO, sold 22,768 shares of United Rentals at $984.98, reducing his holdings from 122,748 to 99,980 shares (-18.5%). The sale occurred near the stock's 52-week high of $1020.00, with the stock trading at $974.41 currently (-4.5% from that peak). Over the 30 days prior to this sale, URI gained +30.3%, reflecting strong recent momentum. Notably, Flannery's prior sale at URI on 2024-04-30 was followed by +6.5% appreciation over 90 days—a poorly-timed outcome for that prior sell. The current sale's timing relative to future performance remains unknown; however, the stock's current position near its 52-week high after substantial recent gains provides context for the transaction.