Director Michael A. Kelly receives 1,035 RSUs in HERC (NYSE: HRI) and updates holdings

Rhea-AI Filing Summary

Kelly Michael A reported acquisition or exercise transactions in this Form 4 filing.

HERC HOLDINGS INC director Michael A. Kelly reported a routine equity compensation grant and updated his holdings. He received an award of 1,035 restricted stock units, each representing one share of common stock that will vest on the date of the company’s 2027 annual meeting of stockholders, subject to his continued service on the Board.

Following this grant, Kelly directly holds 2,836 shares of common stock and indirectly holds 13,774 shares through the Michael A. Kelly and Karen E. Kelly Living Trust.

Insights

Equity compensation analyst

Director receives routine RSU grant, with no open-market trading.

Director Michael A. Kelly was granted 1,035 restricted stock units that convert into common shares at the 2027 annual meeting, contingent on continued Board service. This is standard director equity compensation rather than an open-market purchase.

After the grant, he holds 2,836 shares directly and 13,774 shares indirectly via a living trust. With no reported buys or sells and no derivative activity, the filing mainly refreshes ownership data and signals ongoing alignment through equity awards.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kelly Michael A

Role null

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

Holdings After Transaction: Common Stock — 2,836 shares (Direct, null); Common Stock — 13,774 shares (Indirect, By The Michael A. Kelly and Karen E. Kelly Living Trust)

Footnotes (1)

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Key Figures

RSU grant size: 1,035 units RSU grant price: $0.0000 per unit Direct holdings after grant: 2,836 shares +2 more

5 metrics

RSU grant size 1,035 units Restricted stock units awarded to director

RSU grant price $0.0000 per unit Compensation grant, not market purchase

Direct holdings after grant 2,836 shares Common stock held directly by Michael A. Kelly

Indirect holdings after grant 13,774 shares Common stock held via living trust

Vesting date 2027 annual meeting RSUs vest at 2027 stockholders’ meeting

Key Terms

restricted stock units, vesting date, grant, award, or other acquisition, indirect ownership, +1 more

5 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"

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "By The Michael A. Kelly and Karen E. Kelly Living Trust""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Kelly Michael A

(Last) (First) (Middle)

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	2,836	D
Common Stock								13,774	I	By The Michael A. Kelly and Karen E. Kelly Living Trust

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 did HERC HOLDINGS INC director Michael A. Kelly report on this Form 4 for HRI?

Michael A. Kelly reported receiving an award of 1,035 restricted stock units in HERC HOLDINGS INC common stock. These RSUs are a form of equity compensation and increase his direct share holdings as they vest into common shares at the specified future date.

How many HRI restricted stock units were granted to Michael A. Kelly?

He was granted 1,035 restricted stock units, each equal to one HERC HOLDINGS INC common share upon vesting. The grant was reported at a price of $0.0000 per unit, reflecting a compensation award rather than an open-market purchase for cash consideration.

When do Michael A. Kelly’s HRI restricted stock units vest?

The 1,035 restricted stock units vest on the date of HERC HOLDINGS INC’s 2027 annual meeting of stockholders. Vesting is conditioned on his continued membership on the company’s Board of Directors through that meeting date, aligning compensation with ongoing service.

What are Michael A. Kelly’s HRI share holdings after this Form 4 transaction?

After the reported grant, he directly holds 2,836 shares of HERC HOLDINGS INC common stock. He also indirectly holds 13,774 shares through the Michael A. Kelly and Karen E. Kelly Living Trust, reflecting both personal and trust-based ownership interests in the company.

Does this HRI Form 4 show any open-market buying or selling by Michael A. Kelly?

No open-market buying or selling is reported. The filing shows an acquisition coded as a grant of 1,035 restricted stock units at $0.0000, plus a separate holding line for trust-owned shares. It reflects compensation and ownership reporting, not trading activity in the market.

How is the indirect ownership in HRI structured for Michael A. Kelly?

The Form 4 notes 13,774 shares of HERC HOLDINGS INC common stock held indirectly. These shares are owned by the Michael A. Kelly and Karen E. Kelly Living Trust, indicating they are held through an estate-planning vehicle rather than directly in his individual name.