Hertz Global (HTZ) COO logs RSU award and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hertz Global Holdings executive Michael S. Moore, EVP and Chief Operating Officer, reported two stock transactions involving the company’s common stock. On March 2, 2026, he acquired 173,211 shares through a grant of restricted stock units (RSUs) that carry no purchase price.
The RSUs vest in substantially equal installments on the first, second, and third anniversaries of the March 2, 2026 grant date, subject to his continued employment. On March 3, 2026, 11,273 shares were disposed of at $4.34 per share to satisfy tax withholding obligations upon RSU vesting, leaving him with 1,012,391 shares owned directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Moore Michael S.
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,273 | $4.34 | $49K |
| Grant/Award | Common Stock | 173,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,012,391 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 tax withholding obligations related to the vesting of RSUs on March 3, 2026.
FAQ
What insider transactions did HTZ executive Michael S. Moore report?
Michael S. Moore reported an RSU grant and a tax-related share disposition. He received 173,211 RSUs on March 2, 2026, and 11,273 shares were withheld on March 3, 2026 to cover tax obligations tied to RSU vesting.
What is the vesting schedule for Michael S. Moore’s 2026 RSU award at HTZ?
The 173,211 RSUs granted on March 2, 2026 vest in substantially equal installments on the first, second, and third anniversaries of the grant date. Each installment depends on Moore remaining employed by Hertz Global Holdings or its subsidiaries on the applicable vesting date.