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Hertz Global Holdings (HTZ) CEO reports RSU tax share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
West W Gilbert

(Last)(First)(Middle)
8501 WILLIAMS ROAD

(Street)
ESTERO FLORIDA 33928

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HERTZ GLOBAL HOLDINGS, INC [ HTZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026F250,577(1)D$5.182,583,003D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's Common Stock that were withheld to satisfy certain tax withholding obligations related to the vesting of RSUs on April 1, 2026.
Remarks:
/s/ Adrian S. Nasr by Power of Attorney for W. Gilbert West04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Hertz (HTZ) shares were withheld for the CEO’s RSU taxes?

A total of 250,577 Hertz common shares were withheld for CEO West W. Gilbert’s tax obligations. The shares related to restricted stock units that vested on April 1, 2026, and the withholding price recorded was $5.18 per share in the Form 4 filing.

Did the Hertz (HTZ) CEO sell shares on the open market in this Form 4?

No open-market sale occurred in this Form 4. The transaction is coded “F,” indicating shares were withheld by the issuer to pay taxes due on vesting RSUs. This is a compensation-related, non-market tax-withholding disposition rather than a discretionary stock sale.

How many Hertz (HTZ) shares does CEO West W. Gilbert own after this transaction?

Following the tax-withholding disposition, West W. Gilbert directly holds 2,583,003 Hertz common shares. The Form 4 shows this post-transaction total, indicating he retains a substantial equity position even after the 250,577 shares were withheld for RSU-related tax obligations.

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.