Herc Holdings Inc. filings document the operating results, governance, capital structure and material events of a North American equipment rental company listed on the New York Stock Exchange under HRI. Periodic 8-K reports furnish quarterly and annual results, earnings presentation materials, guidance-related disclosures, and pro forma financial information connected to acquired rental operations.
Regulatory filings also cover proxy governance matters, board and executive compensation disclosures, registered common stock, and debt financing activity. Recent capital-structure filings describe senior unsecured notes due 2031 and 2034, subsidiary guarantees including Herc Rentals Inc., and the redemption of prior senior notes, alongside risk and covenant-related disclosure typical of public debt issuance.
Herc Holdings is asking stockholders to vote at its May 14, 2026 annual meeting on three main items: electing eight directors for one-year terms, approving executive pay in a non-binding say‑on‑pay vote, and ratifying PricewaterhouseCoopers LLP as auditor for 2026. Holders of common stock as of March 16, 2026 may vote online, by phone, mail, or in person in Bonita Springs, Florida.
The proxy highlights Herc’s growth as a large North American equipment rental company, including the 2025 acquisition of H&E Equipment Services, Inc., which added over 160 branches and $2.9 billion of fleet. For 2025, equipment rental revenue rose 18% to $3.8 billion and adjusted EBITDA increased 15% to $1.8 billion, reflecting organic growth and the H&E deal.
The Board emphasizes majority voting for uncontested director elections, independent Board leadership with a non‑executive chair, and fully independent key committees. Executive pay is heavily performance‑based, with most compensation for senior leaders tied to equity and incentive plans. In 2025, stockholders supported say‑on‑pay with about 94% of votes cast in favor. The proxy also outlines sustainability targets based on 2019 levels, including reducing Scope 1 and 2 greenhouse gas emission intensity and non‑toxic waste intensity by 25% and pursuing a Total Reportable Incident Rate of 0.49 or lower.
HERC HOLDINGS INC vice president and chief accounting officer Mark Alan Schumacher reported a small stock transaction tied to equity compensation. On the vesting of previously granted restricted stock units, 30 shares of common stock were withheld on March 13, 2026 to cover tax obligations at a price of $108.91 per share. After this tax-withholding disposition, Schumacher directly owned 6,439 shares of HERC common stock. This withholding is an administrative step rather than an open-market sale.
Herc Holdings SVP & Chief Financial Officer Mark Humphrey reported a small, routine share disposition linked to taxes rather than an open‑market trade. On the vesting of previously granted restricted stock units, 114 shares of common stock were withheld on March 13, 2026 at $108.91 per share to cover tax obligations. After this tax-withholding event, he directly held 33,908 shares of Herc Holdings common stock. This type of Form 4 entry reflects compensation and tax mechanics, not a discretionary buy or sell decision.
Herc Holdings director John A. Olin bought shares of the company’s stock. He purchased 3,000 shares of common stock in an open-market transaction at a price of $142.47 per share. After this purchase, he directly owns 3,320 shares of Herc Holdings common stock.
Herc Holdings Inc. received an updated ownership report from investment firm Coliseum Capital and related entities on a Schedule 13G/A. The filing shows that Coliseum Capital Management, LLC, Adam Gray and Christopher Shackelton each beneficially own 780,184 shares of Herc common stock, representing 2.3% of the outstanding shares. Coliseum Capital LLC reports 660,036 shares (2.0%), Coliseum Capital Partners, L.P. 530,580 shares (1.6%), and Coliseum Capital Co-Invest IV, L.P. 129,456 shares (0.4%), all with shared voting and dispositive power and no sole power. These percentages are based on 33,370,258 Herc shares outstanding as of February 13, 2026. The group certifies that the shares are held on a passive basis, not to change or influence control of Herc Holdings.
Herc Holdings Inc. presents its annual overview for the year ended December 31, 2025, describing a large North American equipment rental platform with 602 locations and roughly 4% market share by revenue. The company expanded significantly by acquiring H&E Equipment Services, adding about 160 branches and over 2,500 employees.
Herc’s rental fleet had an original equipment cost of $9.5 billion and an average age of 45 months, with national accounts generating 49% of rental revenue. Customers are diversified across contractors, industrial, infrastructure, commercial facilities and other segments, with no single customer over 3% of rental revenue.
The company emphasizes technology-enabled self-service tools, sustainability goals tied to 2019 baselines, and safety programs, reporting approximately 9,600 employees and a Total Recordable Incident Rate of 0.93 in 2025. Management highlights capital allocation priorities across fleet investment, dividends and debt reduction, while outlining extensive risk factors including cyclicality, competition, IT and cybersecurity, integration of H&E, environmental regulation and climate-related impacts.
Herc Holdings reported strong 2025 growth but sharply weaker earnings as it integrated the H&E acquisition and issued 2026 guidance. Full‑year total revenue rose to $4.376 billion, up 22.6%, with equipment rental revenue up 18.2% to $3.770 billion, both record levels.
Despite this growth, full‑year net income fell to just $1 million (from $211 million) as transaction and integration expenses, higher depreciation and interest on new debt weighed on results. Adjusted net income was $239 million, and adjusted EBITDA increased 14.8% to $1.818 billion, with margin at 41.5%.
Fourth‑quarter total revenue rose 27.1% to $1.209 billion, while net income was $24 million and adjusted EBITDA $519 million. Net debt climbed to $8.1 billion and net leverage to 3.95x. For 2026, the company guides equipment rental revenue to $4.275–$4.4 billion and adjusted EBITDA to $2.0–$2.1 billion, with net rental capex of $500–$800 million.
Herc Holdings VP & Chief Accounting Officer Mark Alan Schumacher reported automatic share withholdings to cover taxes on vested restricted stock units. On February 6, 2026, 76 shares of common stock were withheld at $180.31 per share, leaving 6,507 shares owned directly. On February 7, 2026, an additional 38 shares were withheld at $180.31 per share, resulting in 6,469 common shares directly owned after the transactions.
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.
Herc Holdings executive Peres Tamir, SVP & Chief Information Officer, reported routine tax-related share withholdings tied to equity compensation. On February 6, 2026, 253 shares of common stock were withheld at $180.31 per share, and on February 7, 2026, 215 shares were withheld at the same price.
Both transactions are coded “F,” indicating shares were withheld for taxes upon vesting of previously granted restricted stock units, rather than discretionary open-market sales. After these transactions, Tamir directly owned 44,914 shares of Herc Holdings common stock.