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[144] HERTZ GLOBAL HOLDINGS, INC SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for Hertz Global Holdings, Inc. (HTZ) reports a proposed sale of 82,000 shares of common stock through Merrill Lynch on Nasdaq with an aggregate market value of $571,620.44 and an approximate sale date of 09/25/2025. The shares originated from vesting of restricted stock unit awards granted under the company’s equity compensation plan, with 11,955 shares vesting on 07/01/2025 and 70,045 shares vesting on 07/08/2025. The filer certifies no undisclosed material adverse information and provides the statutory attestation on the notice.

Positive

  • Regulatory compliance: The filer provided a complete Form 144 disclosure including acquisition details, broker, sale date, and attestation.
  • Source of shares disclosed: Shares were acquired via RSU vesting, indicating equity compensation rather than an external purchase or unknown transfer.

Negative

  • Insider sale planned: Proposed sale of 82,000 shares could be viewed negatively by some investors, though value is modest at $571,620.44.
  • Timing concentration: Majority of the shares (70,045) vested on 07/08/2025, which may lead to clustered selling activity near the reported sale date.

Insights

TL;DR: Routine insider/employee sale notice; modest in value relative to large-cap equities, likely low market impact.

The Form 144 documents a proposed sale of 82,000 common shares acquired via RSU vesting in July 2025, to be transacted through Merrill Lynch on Nasdaq with an aggregate market value of $571,620.44. This filing is a regulatory compliance step required when insiders or affiliates sell restricted or control securities. The transaction appears to be compensation-related rather than a cash purchase by the seller, reducing implications of voluntary divestment by a controlling shareholder. Given the size and stated origin (equity compensation), the sale is likely immaterial to HTZ's capitalization and should not by itself signal a change in company fundamentals.

TL;DR: Disclosure aligns with Rule 144 requirements; signature attestation included, indicating procedural compliance.

The filing provides necessary details: class of securities, broker, number of shares, acquisition dates, and nature of acquisition (vesting of RSU awards). The filer also affirms no undisclosed material adverse information. There is no report of other sales in the prior three months. From a governance perspective, timely and complete Form 144 disclosure helps maintain transparency around insider-derived equity monetization, though it does not convey management intent beyond routine compensation realization.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the HTZ Form 144 filing report?

The filing reports a proposed sale of 82,000 Hertz (HTZ) common shares, aggregate market value $571,620.44, approx sale date 09/25/2025 via Merrill Lynch on Nasdaq.

How were the HTZ shares acquired that are being sold?

The shares were acquired through vesting of restricted stock unit (RSU) awards from Hertz Global Holdings, Inc., with vesting dates 07/01/2025 and 07/08/2025.

Does the filer report any securities sold in the past three months?

The filing states Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

Who is the broker handling the proposed sale in the Form 144?

The broker listed is Merrill Lynch with address noted as 225 Liberty St, Floor 37, New York, NY, and the sale is to be executed on Nasdaq.

What attestations does the filer make on the Form 144?

The filer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed and includes the statutory signature attestation.
Hertz Global Hld

NASDAQ:HTZ

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1.58B
300.29M
2.21%
111.49%
17.36%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
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