Herc Holdings (NYSE: HRI) director granted 1,035 restricted stock units as board award

Rhea-AI Filing Summary

Olin John A reported acquisition or exercise transactions in this Form 4 filing.

Herc Holdings Inc. director John A. Olin reported a compensation-related award of 1,035 restricted stock units tied to the company’s common stock. Each unit represents one share that will be delivered on the vesting date.

The units vest on the date of the company’s 2027 annual meeting of stockholders, provided Olin remains on the Board of Directors through that date. After this grant, he holds 4,355 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Olin John A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,035	$0.00	--

Holdings After Transaction: Common Stock — 4,355 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 1,035 units Price per share for grant: $0.0000 per share Shares after transaction: 4,355 shares +1 more

4 metrics

RSUs granted 1,035 units Restricted stock unit award to director John A. Olin

Price per share for grant $0.0000 per share Compensation grant, not an open-market purchase

Shares after transaction 4,355 shares Direct common stock holdings following the award

Vesting event 2027 annual meeting RSUs vest at the 2027 annual meeting of stockholders

Key Terms

restricted stock units, vesting date, Board of Directors

3 terms

restricted stock units financial

"Award of 1,035 restricted stock units, each of which represents the right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting date financial

"the vesting date, which is on the date of the Issuer's 2027 annual meeting of stockholders"

Board of Directors financial

"subject to the Reporting Person's continued membership on the Issuer's Board of Directors through the vesting date"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Olin John A

(Last) (First) (Middle)

C/O HERC HOLDINGS INC.

27500 RIVERVIEW CENTER BLVD

(Street)

BONITA SPRINGS FLORIDA 34134

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HERC HOLDINGS INC [ HRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/14/2026		A		1,035(1)	A	$0	4,355	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award of 1,035 restricted stock units, each of which represents the right to receive one share of the Issuer's common stock on the vesting date, which is on the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued membership on the Issuer's Board of Directors through the vesting date.

	/s/ S. Wade Sheek by Power of Attorney	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did John A. Olin report at HRI?

John A. Olin reported receiving 1,035 restricted stock units in Herc Holdings common stock as a compensation award. Each unit equals one share, which will be delivered when the award vests at the 2027 annual meeting, assuming continued board service.

How many Herc Holdings (HRI) shares does John A. Olin hold after this Form 4?

After the reported grant, John A. Olin holds 4,355 shares of Herc Holdings common stock directly. This total includes the 1,035 restricted stock units awarded, which convert into shares on vesting at the 2027 annual stockholders’ meeting, subject to his continued board membership.

What are the vesting terms of John A. Olin’s restricted stock units at HRI?

The 1,035 restricted stock units vest on the date of Herc Holdings’ 2027 annual meeting of stockholders. To receive the underlying common shares, Olin must remain a member of the company’s Board of Directors continuously through that vesting date, making it a service-based award.

Is John A. Olin’s Form 4 transaction an open-market purchase or a grant?

The filing shows a grant of 1,035 restricted stock units to John A. Olin, not an open-market purchase. The transaction code is “A” for an award or other acquisition, and the price per share is reported as $0.0000, reflecting a compensation grant rather than a cash purchase.

What condition must be met for John A. Olin’s HRI RSUs to vest?

For the 1,035 restricted stock units to vest, John A. Olin must remain on Herc Holdings’ Board of Directors through the company’s 2027 annual meeting of stockholders. If he satisfies this continued service condition, each unit converts into one share of common stock on the vesting date.