Herc Holdings (NYSE: HRI) director granted stock and 1,035-unit RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herc Holdings Inc. director Patrick D. Campbell reported two equity awards of common stock. On May 14, 2026, he acquired 1,035 restricted stock units, each convertible into one share of common stock on the date of the company’s 2027 annual stockholders’ meeting, subject to his continued board service.
He also reported a separate award of 1,070 shares of common stock valued at $140.22 per share. These are compensation-related grants rather than open‑market purchases, and after these awards he holds over 14,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CAMPBELL PATRICK D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,070 | $140.22 | $150K |
| Grant/Award | Common Stock | 1,035 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,572 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU award size: 1,035 restricted stock units
Stock award size: 1,070 shares
Grant value per share: $140.22 per share
+3 more
6 metrics
RSU award size
1,035 restricted stock units
Each unit converts into one share at 2027 annual meeting
Stock award size
1,070 shares
Common stock grant on May 14, 2026
Grant value per share
$140.22 per share
Price reference on 1,070-share common stock award
Holdings after RSU award
15,607 shares
Direct common stock ownership following one transaction
Holdings after stock award
14,572 shares
Direct common stock ownership following the other transaction
Acquire transactions
2 transactions
Both coded as grants/awards (code A) on May 14, 2026
Key Terms
restricted stock units, vesting date, Board of Directors, grant, award, or other acquisition
4 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
"on the vesting date, which is on the date of the Issuer's 2027 annual meeting"
Board of Directors financial
"subject to the Reporting Person's continued membership on the Issuer's Board of Directors"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did HRI director Patrick D. Campbell report on this Form 4?
Patrick D. Campbell reported two equity awards of Herc Holdings common stock. He received 1,035 restricted stock units and a separate 1,070-share stock award on May 14, 2026, both classified as compensation-related acquisitions rather than open-market purchases.
What are the terms of Patrick Campbell’s 1,035 Herc Holdings (HRI) restricted stock units?
The 1,035 restricted stock units each represent the right to receive one Herc Holdings common share. They vest on the date of the company’s 2027 annual stockholders’ meeting, contingent on Campbell remaining a member of the Board of Directors through that vesting date.
Was Patrick Campbell’s May 14, 2026 HRI transaction an open-market stock purchase?
No, the filing classifies both May 14, 2026 entries as grant or award acquisitions. One is an award of restricted stock units and the other an award of common shares, indicating director compensation rather than discretionary open-market buying activity.
What transaction code appears in Patrick Campbell’s HRI Form 4 filing?
Both transactions use code “A,” which the filing describes as a grant, award, or other acquisition. This indicates the shares and restricted stock units were received as part of compensation or similar arrangements, not bought or sold in regular market trading.