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UNITED RENTALS, INC. 8-K/A Report, Executive Changes (Jan 15, 2016)

Reports
Leadership Changes
Filing Date
Filed January 15, 2016
Period End
January 11, 2016
Security
URI
In the record · 2016–202610-K1110-Q328-K170

URI filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 170 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Oct ’18Oct ’18
  2. Leadership change8-K · Sep ’20Sep ’20
  3. Deal closed8-K · Dec ’22Dec ’22
  4. Material agreement8-K · Jun ’26Jun ’26

01—Abstract

Summary

Summary of the 8-K/A filed January 15, 2016. Cited figures are marked; the original filing is the authoritative source.

This filing is an amendment to a previous 8-K report, specifically addressing previously unfinalized compensation arrangements for Mr. Craig Pintoff upon his appointment as General Counsel.

The amendment clarifies that Mr. Pintoff's base salary has been increased to $475,000a from $424,000, effective immediately. Additionally, his annual bonus target has been set at 80% of his base salary, contingent upon meeting established goals. Investors should note the equity component of his compensation, which includes an award of restricted stock units valued at $500,000, with vesting spread over three years.

02—Key points

Key Highlights

  1. Amendment clarifies compensation for newly appointed General Counsel, Mr. Craig Pintoff.
  2. Mr. Pintoff's base salary increased from $424,000 to $475,000, effective immediately.
  3. Annual bonus target for Mr. Pintoff set at 80% of base salary, performance-based.
  4. Mr. Pintoff received a $500,000 restricted stock unit award.
  5. The restricted stock unit award vests one-third on each of the first, second, and third anniversaries of the grant date.
  6. This amendment provides final details on compensation that were not complete in the original filing.

03—Questions

Frequently Asked Questions

  1. What is the main purpose of this 8-K/A filing?

    This filing is an amendment to a prior 8-K report to provide finalized details regarding the compensation package for Mr. Craig Pintoff, who was appointed as the Company's General Counsel. The compensation arrangements were not fully finalized at the time of the original filing.

  2. What are the key changes in Mr. Pintoff's compensation?

    Mr. Pintoff's base salary has been increased from $424,000 to $475,000. His annual bonus target is now set at 80% of his base salary, dependent on performance goals. He also received a $500,000 award of restricted stock units.

  3. How will the restricted stock units be vested?

    The $500,000 award of restricted stock units will vest in equal one-third increments on each of the first, second, and third anniversaries of the grant date.

  4. Does this filing indicate any other significant corporate events?

    No, this specific filing is solely an amendment to clarify previously disclosed, but not yet finalized, compensation details for a key officer. It does not report on other significant corporate events.

04—Continue

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