United Rentals Inc. (URI): Kneeland Swaps-in Right to Buy


Michael Kneeland, President and CEO at United Rentals Inc. (NYSE:URI) disclosed today the disposal of 20,000 shares of common stock at a unit price of $102.929 on October 17, 2014. The transaction was completed after executing a right to buy for the same amount of shares at a price of $3.375 each. This is the fourth sale done by Mr. Kneeland this year, totaling 80,000 shares, and now directly owns 324,503 shares and an additional 8,999 indirectly.

Ken Griffin’s Citadel Investment Group is the largest shareholding institution (amongst those we track) at United Rentals Inc. (NYSE:URI) with 25.6 million shares at an estimated value of 2.4 million after reporting no changes for the last filling period. Phill Gross and Robert Atchinson’s Adage Capital Management, the second largest shareholding institution with 7.5 million shares at an estimated value of 70 million, also reported no changes.

United Rentals Inc. (NYSE:URI) is an equipment rental company and its network consists of 832 rental locations in the United States and Canada.

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