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Hertz Global appoints Joseph R. Hinrichs director

Hinrichs' annual director compensation includes a $175,000 restricted stock unit grant and a $100,000 cash retainer, conditioned on continued service.

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Form Type
8-K

Rhea-AI Filing Summary

Hertz Global Holdings appointed Joseph R. Hinrichs as a Class I director effective October 9, 2026; he will serve on the Audit and Risk Committee. His standard compensation as a non-employee director consists of an annual restricted stock unit grant valued at $175,000 and an annual cash retainer of $100,000, subject to continued director service. Hinrichs also entered into an indemnification agreement with the company.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Annual restricted stock unit grant value $175,000 Standard compensation for a non-employee director
Annual cash retainer $100,000 Standard compensation for a non-employee director
Director appointment effective date October 9, 2026 Joseph R. Hinrichs’s appointment as a Class I director
Compensation policy date January 31, 2024 Date of the Amended and Restated Directors’ Compensation Policy
restricted stock units financial
"annual grant of restricted stock units with a value of $175,000"
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.
annual cash retainer financial
"an annual cash retainer of $100,000"
indemnification agreement regulatory
"entered into an indemnification agreement with the Company"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Class I director technical
"serve as a Class I director of the Board"
A class I director is a member of a company’s board who belongs to one of several groups whose terms expire in a specified year under a staggered election system; each class is elected on a different cycle so only a portion of the board faces re-election each year. This matters to investors because it affects how quickly control of the board can change, the company’s continuity and oversight, and the ease of mounting or defending against takeover efforts—think of a team where only some players are replaced each season rather than the whole roster at once.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who did HTZ appoint as a director?

Hertz Global Holdings appointed Joseph R. Hinrichs as a Class I director effective October 9, 2026. He will serve on the Board’s Audit and Risk Committee.

What compensation will HTZ’s new director receive?

Hinrichs’ standard compensation as a non-employee director includes an annual restricted stock unit grant valued at $175,000 and an annual cash retainer of $100,000, subject to continued service as a director.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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O
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 9, 2026

HERTZ GLOBAL HOLDINGS, INC.
THE HERTZ CORPORATION
(Exact name of registrant as specified in its charter)
Delaware001-3766561-1770902
Delaware001-0754113-1938568
(State or other jurisdiction of
incorporation)
(Commission File Number)(I.R.S. Employer Identification No.)
8501 Williams Road
Estero, Florida 33928
239-301-7000
(Address of principal executive offices, including zip code)
Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 
Title of Each ClassTrading Symbol(s)Name of Each Exchange on which Registered
Common Stock, Par value $0.01 per shareHTZThe Nasdaq Stock Market LLC
Warrants to Purchase Common StockHTZWWThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o







Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.

On October 9, 2026, the Board of Directors (the “Board”) of Hertz Global Holdings, Inc. (the “Company”) appointed Joseph R. Hinrichs to serve as a Class I director of the Board, effective immediately. Mr. Hinrichs will serve on the Audit and Risk Committee.

Upon his appointment as a non-employee member of the Board, Mr. Hinrichs will receive the standard compensation paid to non-employee members of the Board under the Company’s Amended and Restated Directors’ Compensation Policy, dated January 31, 2024, consisting of (i) an annual grant of restricted stock units with a value of $175,000 and (ii) an annual cash retainer of $100,000, subject to his continued service as a director.

Mr. Hinrichs has entered into an indemnification agreement with the Company in the form filed with the Securities and Exchange Commission as Exhibit 10.10 to the Annual Report on Form 10-K filed on February 23, 2022, which is incorporated by reference herein in its entirety.

There is no arrangement or understanding between Mr. Hinrichs and any other person pursuant to which he was elected as a director. Mr. Hinrichs has not entered into or proposed to enter into any transactions required to be reported under Item 404(a) of Regulation S-K.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HERTZ GLOBAL HOLDINGS, INC.
THE HERTZ CORPORATION
(each, a Registrant)
Date: October 13, 2026
By:
/s/ Piero Bussani
Name:
Piero Bussani
Title:
Executive Vice President, Chief Legal Officer and Corporate Secretary



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