Matthew Flannery's holdings are closely tied to his performance at United Rentals. In 2023, he received 49,792 shares due to achieving performance goals, reflecting his focus on performance alignment. His stock awards can significantly impact his wealth; for instance, the...
Matthew Flannery's holdings are closely tied to his performance at United Rentals. In 2023, he received 49,792 shares due to achieving performance goals, reflecting his focus on performance alignment. His stock awards can significantly impact his wealth; for instance, the vested stock in 2023 was valued at around $20 million, marking a high point. In 2022, despite his success in stock vesting with 60,898 shares worth approximately $19 million, he did not receive a performance-based bonus, emphasizing the high stakes associated with his role. The fluctuations in his stock value directly highlight the underlying performance of the company, showcasing how vested stock awards can be a double-edged sword depending on annual results.