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United Rentals logoUnited Rentals URI

The company said on February 4, 2026 it increased the size of its board from 10 to 11 directors and appointed Alexander R. Taussig as an independent director to fill the vacancy.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary

  1. The company said on February 4, 2026 it increased the size of its board from 10 to 11 directors and appointed Alexander R. Taussig as an independent director to fill the vacancy.

  2. The company said Taussig's appointment brings the board to 11 directors, 9 of whom are independent. It also said board committee appointments will be decided at a later date.

  3. The company said Taussig will receive an annual retainer fee of $125,000 and an annual grant of fully vested restricted stock units (RSUs) worth $190,000. The first-year RSU grant will be pro-rated for 2026, and the RSUs are generally payable after 3 years.

  4. The company said its press release describes Taussig as a Board Partner at Lightspeed Venture Partners since 2025. It said he joined Lightspeed in 2016 and served as Partner (2016 to 2021) and Co-Head of the Consumer Practice (2021 to 2024). Lightspeed is described as having over $40 billion in assets under management.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Board expands from 10 to 11 members with Alexander R. Taussig named independent director

The company said on February 4, 2026 it increased the size of its board from 10 to 11 directors and appointed Alexander R. Taussig as an independent director to fill the vacancy.

Source · Based on the filing body and exhibits

Board has 11 members, 9 independent; committee assignments to be decided later

The company said Taussig's appointment brings the board to 11 directors, 9 of whom are independent. It also said board committee appointments will be decided at a later date.

Source · Based on the filing body and exhibits

Taussig director pay: $125,000 annual retainer fee and $190,000 in RSUs

The company said Taussig will receive an annual retainer fee of $125,000 and an annual grant of fully vested restricted stock units (RSUs) worth $190,000. The first-year RSU grant will be pro-rated for 2026, and the RSUs are generally payable after 3 years.

Source · Based on the filing body and exhibits

Taussig background: Board Partner at Lightspeed Venture Partners

The company said its press release describes Taussig as a Board Partner at Lightspeed Venture Partners since 2025. It said he joined Lightspeed in 2016 and served as Partner (2016 to 2021) and Co-Head of the Consumer Practice (2021 to 2024). Lightspeed is described as having over $40 billion in assets under management.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗
Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.