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Hertz (HTZ) EVP Sandeep Dube awarded 288,684 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hertz Global Holdings executive Sandeep Dube received a large equity award in the form of restricted stock units. On the reported date, he was granted 288,684 shares of common stock at no purchase price as a grant or award acquisition.

The award consists of restricted stock units that convert into common shares, vesting in substantially equal installments on the first, second, and third anniversaries of the March 2, 2026 grant date, as long as he remains employed by Hertz or its subsidiaries. Following this grant, his directly owned common stock holdings totaled 1,284,748 shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Dube Sandeep

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

(Street)
ESTERO FL 33928

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HERTZ GLOBAL HOLDINGS, INC [ HTZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 A 288,684(1) A $0 1,284,748 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's Common Stock underlying restricted stock units ("RSUs") granted to the Reporting Person on March 2, 2026. The RSUs vest in substantially equal installments on the first, second, and third anniversaries of the grant date, in each case, subject to the Reporting Person's continued employment with the Issuer or its subsidiaries on such vesting date.
Remarks:
/s/ Matthew C. Potalivo by Power of Attorney for Sandeep Dube 03/04/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did HTZ executive Sandeep Dube report?

HTZ executive Sandeep Dube reported receiving a grant of 288,684 shares of common stock as restricted stock units. These were awarded at no purchase price and increase his directly owned holdings to 1,284,748 shares, according to the Form 4 disclosure.

How many Hertz (HTZ) shares did Sandeep Dube acquire in this Form 4?

Sandeep Dube acquired 288,684 shares of Hertz common stock through a grant of restricted stock units. The transaction is classified as a grant, award, or other acquisition, and reflects non-cash equity compensation rather than an open-market share purchase.

What is the vesting schedule for Sandeep Dube’s new HTZ restricted stock units?

The restricted stock units granted to Sandeep Dube vest in three substantially equal installments on the first, second, and third anniversaries of the March 2, 2026 grant date, provided he continues employment with Hertz Global Holdings or its subsidiaries on each vesting date.

What is Sandeep Dube’s HTZ share ownership after this Form 4 transaction?

After this transaction, Sandeep Dube directly owns 1,284,748 shares of Hertz common stock. This total includes the newly granted 288,684 shares underlying restricted stock units reported in the Form 4 insider filing as a grant or award acquisition.

Was cash paid for the HTZ shares reported in Sandeep Dube’s Form 4?

No cash was paid for these shares; the price per share is reported as 0.0000. The 288,684 shares represent equity compensation granted as restricted stock units rather than a purchase in the open market or another cash transaction.

What role does Sandeep Dube hold at Hertz (HTZ) in this Form 4 filing?

In this filing, Sandeep Dube is identified as an officer of Hertz Global Holdings, serving as Executive Vice President and Chief Commercial Officer. The reported restricted stock unit grant reflects part of his equity-based compensation as a senior executive.
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