URI United Rentals

On July 2, 2018, United Rentals, Inc. (the “Company”) announced that William B. Plummer will retire as the Company’s Executive Vice President and Chief Financial Officer on October 12, 2018. Jessica T. Graziano, the Company’s Senior Vice President – Controller and principal accounting officer, will succeed Mr. Plummer and assume the role of Chief Financial Officer on such date. Mr. Plummer will continue to provide advisory and transition services to the Company through January 31, 2019, the date of his retirement from the Company.

Mr. Plummer will be eligible to receive retirement treatment in accordance with the preexisting terms of the award agreements applicable to certain outstanding equity awards, and the Compensation Committee of the Company’s Board of Directors also determined that 1,172 restricted stock units granted to Mr. Plummer on March 6, 2018 and 10,026 restricted stock units granted to him on March 7, 2016, which otherwise would have vested on March 6 and 7, 2019, respectively, subject to continued service, will become vested as of Mr. Plummer’s retirement date, subject to the other terms and conditions of the applicable award agreements.

Information with respect to Ms. Graziano required by Items 401(b) and 401(e) of Regulation S-K is contained in the Company’s Proxy Statement on Schedule 14A for its 2018 Annual Meeting of Shareholders, filed on March 27, 2018, and is incorporated by reference into this Current Report on Form 8-K. Ms. Graziano does not have any family relationships with any of the Company’s directors or executive officers and is not party to any transactions listed in Item 404(a) of Regulation S-K. There are no arrangements or understandings between Ms. Graziano and any other persons pursuant to which she was selected as an officer.

The Company will file an amendment to this Form 8-K to report any material plan, contract or amendment to which Ms. Graziano is a party that is entered into in connection with her appointment as Chief Financial Officer.

The foregoing summary of Mr. Plummer’s retirement arrangements does not purport to be complete and is qualified in its entirety by reference to the letter agreement with Mr. Plummer, which is filed herewith as Exhibit 10.1, and incorporated by reference herein in its entirety. A copy of the Company’s press release relating to Mr. Plummer’s retirement and Ms. Graziano’s appointment is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.