Herc Holdings (HRI) SVP Sheek reports tax withholding on vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herc Holdings SVP & Chief Legal Officer Samuel Wade Sheek reported tax-related share withholding tied to equity vesting. On February 6, 2026, 236 shares of common stock were withheld at $180.31 per share, followed by 169 shares on February 7, 2026 at the same price. These transactions, coded "F," reflect shares withheld to cover taxes upon vesting of previously granted restricted stock units, rather than open-market sales. After these withholdings, Sheek directly owned 30,318 shares of Herc Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sheek Samuel Wade
Role
SVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 169 | $180.31 | $30K |
| Tax Withholding | Common Stock | 236 | $180.31 | $43K |
Holdings After Transaction:
Common Stock — 30,318 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HRI executive Samuel Wade Sheek report?
Samuel Wade Sheek reported tax-related share withholdings, not open-market sales. On two dates in February 2026, Herc Holdings withheld small amounts of common stock to satisfy taxes due on vesting restricted stock units previously granted to him as equity compensation.
What does transaction code "F" mean in the HRI Form 4 filing?
Transaction code “F” indicates shares were withheld to pay taxes due on an equity award’s vesting. In this case, Herc Holdings withheld common stock from Samuel Wade Sheek when previously granted restricted stock units vested, rather than him selling shares on the open market.
Were the HRI insider transactions open-market sales by Samuel Wade Sheek?
No, the transactions were not open-market sales. The Form 4 footnote explains the common shares were withheld by Herc Holdings to cover taxes upon vesting of previously granted restricted stock units, which is a routine administrative equity compensation event.