Hertz (HTZ) EVP Sandeep Dube awarded 288,684 restricted stock units
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dube Sandeep
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 288,684 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,284,748 shares (Direct)
Footnotes (1)
- [object Object]
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.
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 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.