Hertz Global Holdings (HTZ) CEO reports RSU tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hertz Global Holdings CEO West W. Gilbert reported a routine tax-withholding disposition of company stock tied to equity compensation. On April 1, 2026, 250,577 shares of common stock were withheld at $5.18 per share to cover taxes from vesting RSUs. After this non-market transaction, he directly holds 2,583,003 shares of Hertz common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
West W Gilbert
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 250,577 | $5.18 | $1.30M |
Holdings After Transaction:
Common Stock — 2,583,003 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 250,577 shares
Withholding price: $5.18 per share
Shares held after transaction: 2,583,003 shares
3 metrics
Shares withheld for taxes
250,577 shares
Tax withholding on RSU vesting April 1, 2026
Withholding price
$5.18 per share
Price used for tax-withholding disposition
Shares held after transaction
2,583,003 shares
Direct Hertz common stock holdings post-Form 4
Key Terms
RSUs, tax withholding obligations, tax-withholding disposition, Common Stock
4 terms
RSUs financial
"related to the vesting of RSUs on April 1, 2026"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"withheld to satisfy certain tax withholding obligations related to the vesting"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"Represents shares of the Issuer's Common Stock that were withheld"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Hertz (HTZ) CEO West W. Gilbert report?
Hertz CEO West W. Gilbert reported a tax-related share disposition. 250,577 shares of common stock were withheld on April 1, 2026 to satisfy tax obligations arising from restricted stock units vesting, leaving him with 2,583,003 directly held Hertz shares afterward.
What does the Form 4 tax-withholding transaction mean for Hertz (HTZ) investors?
The Form 4 reflects routine tax withholding tied to restricted stock unit vesting, not an open-market sale. Such “F” code transactions generally occur automatically when awards vest, so they mainly show equity compensation mechanics rather than a change in management’s discretionary trading behavior.