Hertz Global Holdings (HTZ) EVP amends insider share ownership report
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Hertz Global Holdings executive Michael S. Moore, EVP and Chief Operating Officer, has updated his reported share ownership. He is shown as beneficially owning 850,453 shares of Hertz common stock, held directly.
The total includes restricted stock units that vest in approximately equal installments on the first, second, and third anniversaries of their grant dates, subject to his continued employment on each vesting date. This amendment corrects an earlier ownership report that had inadvertently included an additional 230,000 shares as beneficially owned, an error that was also repeated in a subsequent Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore Michael S.
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 850,453 shares (Direct)
Footnotes (1)
- Includes restricted stock units that vest (in approximately equal installments) on the first, second, and third anniversaries of their grant date, subject to the Reporting Person's continued employment through each such vesting date. The Reporting Person's original Form 3 filing inadvertently reported an additional 230,000 shares beneficially owned by the Reporting person. Such shares were also inadvertently reported as being beneficially owned by the Reporting Person on a Form 4 filed by the Reporting Person after his original Form 3 was filed.
FAQ
What insider ownership does HTZ executive Michael S. Moore report in this filing?
The filing reports that Michael S. Moore beneficially owns 850,453 shares of Hertz Global Holdings common stock, held in direct ownership.
What is Michael S. Moore’s role at Hertz Global Holdings (HTZ)?
Michael S. Moore is identified as an Officer of Hertz Global Holdings, serving as EVP, Chief Operating Officer.
Why was this HTZ insider ownership report amended?
The report was amended because the reporting person’s original filing inadvertently reported an additional 230,000 shares as beneficially owned, and the same error was repeated on a subsequent Form 4.
How do the restricted stock units for HTZ’s Michael S. Moore vest?
The restricted stock units included in the 850,453-share total vest in approximately equal installments on the first, second, and third anniversaries of their grant dates, subject to his continued employment on each vesting date.
Does this HTZ filing show any indirect ownership by Michael S. Moore?
No. The table of non-derivative securities shows the 850,453 shares of common stock as direct (D) ownership, with no indirect ownership listed.
Does this HTZ insider filing report any derivative securities for Michael S. Moore?
No derivative securities are listed; the table for derivative securities is present but contains no entries for options, warrants, or other derivatives.