Sundar PichaiSundar Pichai earned $164M in 2023

Ted Grace is the Chief Financial Officer of United Rentals, Inc., having stepped into the role in November 2022 after serving as the interim CFO since July of that year. He has been at United Rentals since 2016, starting as...

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William (Ted) Grace

CEO of United Rentals

Sector of Economy

Industrials

Born

July 30, 2024 - 0 years ago

CEO of United Rentals for

2 years 5 months (Nov 2022 - Present)

Previous Experience

Unknown

Holdings

See how much did William (Ted) Grace make over time.

As of now, Ted Grace’s wealth is intricately tied to his holdings in United Rentals, where he has been a significant player since joining the company in 2016. His holdings experienced notable fluctuations, especially after transitioning from interim to permanent...

Mar 18, 2025

Total Stock Sold

$774.05K

URI

$774.05K

1,500 URI shares

What if they kept their stock?

If William (Ted) Grace didn't sell their stock, today they would have:
Extra URI1,500 shares worth $161.90K.
This is -79.08% and $612.15K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of William (Ted) Grace.

URI

$869.02K

URI at $712.31/share

Mar 2, 2024

Received

URI

$508.10K

URI at $655.62/share

Feb 15, 2024

Sale

URI

$768.43K

URI at $576.90/share

Jan 24, 2024

Received

URI

$260.73K

URI at $359.63/share

Apr 28, 2023

Sale

URI

$616.96K

URI at $470.60/share

Mar 2, 2023

Received

URI

$770.83K

URI at $392.48/share

Jan 25, 2023

Received

URI

$500.12K

URI at $316.33/share

Nov 3, 2022

Received

URI

$325.11K

URI at $319.68/share

Aug 1, 2022

Received

Compensation History

See how much did William (Ted) Grace make over time.

In 2023, Ted Grace received a total compensation package of $225,387 as CFO of United Rentals, Inc. His earnings were primarily driven by a base salary of $619,500. Unlike past years, he did not receive any bonuses, which can be tied to the company's performance metrics for that year. Instead, he experienced a vesting of 232 performance-based stock units, a reflection of the company's achievements. This compensation structure emphasizes a performance-driven pay philosophy that aims to align rewards with company success. Prior year data shows that in 2022, his total compensation was significantly higher at $2,390,612 mainly due to stock vesting and other incentives as he transitioned into his role. Ted’s compensation illustrates a clear strategy that rewards key executive contributions to the company's financial health and operational performance.

Year

2023

Total Compensation

$737.33K

Salary

$619.50K

Board Justification

The compensation philosophy aims to align executive compensation with the Company’s business strategy and drive long-term stockholder value, emphasizing performance-based pay.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as per the Summary Compensation Table.

Other

$8.65K

Board Justification

Other compensation includes $4,650 for an executive health program and $4,000 for 401(k) matching contributions.

Restricted Stock

$109.18K(232 PRSUs)

Board Justification

232 PRSUs vested based on performance metrics achieved in 2023, settled in shares of common stock in 2024.

Performance Metrics

Performance metrics for 2023 included adjusted EBITDA and economic profit improvement (EPI), with funding achieved at 107.7% of target.

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