Hertz (HTZ) CFO sees 149,961 shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hertz Global Holdings executive vice president and chief financial officer Scott Haralson reported a routine tax-related share disposition. On the vesting of restricted stock units granted on June 17, 2024, 149,961 shares of common stock were withheld at $4.83 per share to cover tax obligations. After this withholding, Haralson directly holds 1,435,994 shares of Hertz common stock, indicating this was a compensation and tax event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Haralson Scott
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 149,961 | $4.83 | $724K |
Holdings After Transaction:
Common Stock — 1,435,994 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 149,961 shares
Withholding price: $4.83 per share
Shares held after transaction: 1,435,994 shares
+1 more
4 metrics
Shares withheld for taxes
149,961 shares
Tax withholding on RSU vesting, transaction date June 17, 2026
Withholding price
$4.83 per share
Value used for withheld common stock
Shares held after transaction
1,435,994 shares
Direct holdings after tax withholding disposition
Tax-withholding shares (summary)
149,961 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax withholding obligations, Form 4, common stock
4 terms
restricted stock units financial
"related to the vesting of restricted stock units that were granted on June 17, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares of the Issuer's common stock that were withheld to satisfy certain tax withholding obligations"
Form 4 regulatory
"reported in the Form 4 filing for the executive"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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) report for CFO Scott Haralson?
Hertz reported that CFO Scott Haralson had 149,961 shares of common stock withheld to cover taxes on vested restricted stock units. This was recorded at $4.83 per share and reflects a compensation-related tax event, not an open-market stock sale.
Was the June 17, 2026 HTZ insider transaction an open-market sale?
No, the transaction was not an open-market sale. Shares were withheld by Hertz to satisfy tax withholding obligations tied to vesting restricted stock units granted on June 17, 2024, which is a standard administrative process for equity compensation.