Hertz (HTZ) EVP Christopher Berg awarded 173,211 RSUs with tax shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hertz Global Holdings executive Christopher G. Berg reported equity compensation activity involving the company’s common stock. On March 2, 2026, he acquired 173,211 shares underlying restricted stock units granted at $0.00 per share, vesting in three equal annual installments, subject to continued employment.
On March 3, 2026, 18,375 shares were disposed of at $4.34 per share to cover tax withholding related to RSU vesting, rather than an open-market sale. Following the tax-withholding disposition, Berg directly held 639,554 shares of Hertz common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Berg Christopher G.
Role
EVP, Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 18,375 | $4.34 | $80K |
| Grant/Award | Common Stock | 173,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 639,554 shares (Direct)
Footnotes (1)
- Represents shares of the Issuer's Common Stock underlying restricted stock units ("RSUs") granted to the Reporting Person on March 2, 2026. The RSUs vest in substantially equal installments on the first, second, and third anniversaries of the grant date, in each case, subject to the Reporting Person's continued employment with the Issuer or its subsidiaries on such vesting date. Represents shares of the Issuer's Common Stock that were withheld to satisfy certain tax withholding obligations related to the vesting of RSUs on March 3, 2026.
FAQ
What did the Hertz (HTZ) Form 4 report for Christopher G. Berg?
The Form 4 shows Christopher G. Berg received a large restricted stock unit grant and had shares withheld for taxes. He was granted 173,211 RSU-based shares and 18,375 shares were disposed to satisfy related tax obligations tied to RSU vesting.
What is the vesting schedule for Christopher G. Berg’s new Hertz RSUs?
The 173,211 RSUs granted to Christopher G. Berg vest in three substantially equal installments on the first, second, and third anniversaries of March 2, 2026. Each vesting date requires that he remain employed by Hertz Global Holdings or its subsidiaries on that specific vesting date.