Herc Holdings (NYSE: HRI) CFO granted RSUs and PSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herc Holdings SVP & CFO Mark Humphrey reported multiple equity awards and related tax withholdings in common stock. On February 3, 2026, he received 4,707 restricted stock units, vesting one‑third on February 3 of 2027, 2028 and 2029.
He also earned 2,221 performance stock units tied to the company’s 2018 Omnibus Plan, which will convert into shares at the end of 3‑year performance periods ending in February 2027 and February 2028. In addition, 2,465 shares were issued upon vesting of previously granted performance stock units.
To cover taxes on these vestings, 1,190 shares were withheld at a price of $154.03 per share. After these grants, issuances and tax withholdings, Humphrey directly owned 34,365 shares of Herc Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Humphrey Mark
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,707 | $0.00 | -- |
| Grant/Award | Common Stock | 2,221 | $0.00 | -- |
| Grant/Award | Common Stock | 1,168 | $0.00 | -- |
| Grant/Award | Common Stock | 1,297 | $0.00 | -- |
| Tax Withholding | Common Stock | 460 | $154.03 | $71K |
| Tax Withholding | Common Stock | 472 | $154.03 | $73K |
| Tax Withholding | Common Stock | 258 | $154.03 | $40K |
Holdings After Transaction:
Common Stock — 30,869 shares (Direct)
Footnotes (1)
- Award of restricted stock units ("RSUs"), each of which represents the right to receive one share of the Issuer's common stock on the applicable vesting date (one-third of the RSUs will vest on February 3 of each of 2027, 2028 and 2029), subject to the terms and conditions of the applicable RSU agreement. Represents performance stock units ("PSUs") earned, but not vested, pursuant to outstanding performance stock unit awards granted under the 2018 Herc Holdings Omnibus Plan. The number of PSUs earned was determined based on the achievement of the performance metrics established by the Compensation Committee for the applicable annual measurement period. The earned PSUs will vest and convert into shares of common stock at the end of the applicable 3-year performance period, which is February 2027 for 1,207 shares and February 2028 for 1,014 shares. Shares issued related to performance stock units for which the three-year performance period has ended and performance has been certified. Shares withheld for taxes upon vesting of performance stock units, for which performance was previously certified. Shares withheld for taxes upon vesting of previously granted restricted stock units.
FAQ
What did HRI CFO Mark Humphrey report in this Form 4 filing?
Herc Holdings SVP & CFO Mark Humphrey reported equity compensation activity, including new restricted stock units, earned performance stock units, share issuances from vested awards, and shares withheld to pay taxes, all settled in Herc Holdings common stock on February 3, 2026.
How many restricted stock units did HRI grant to its CFO?
Herc Holdings granted CFO Mark Humphrey 4,707 restricted stock units. Each RSU represents one share of common stock, with one‑third scheduled to vest on February 3 of 2027, 2028 and 2029, subject to the applicable RSU agreement terms and conditions.
What performance stock units did the HRI CFO earn in this report?
Mark Humphrey earned 2,221 performance stock units under the 2018 Herc Holdings Omnibus Plan. These PSUs were based on achievement of Compensation Committee performance metrics and will vest and convert into shares after 3‑year performance periods ending in February 2027 and February 2028.
How are the HRI CFO’s new RSUs scheduled to vest?
The 4,707 restricted stock units granted to Mark Humphrey vest in three equal installments. One‑third of the RSUs will vest on February 3 of 2027, 2028 and 2029, subject to the terms and conditions of the applicable RSU agreement.