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Hertz (HTZ) EVP Christopher Berg awarded 173,211 RSUs with tax shares withheld

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

Rhea-AI Filing Summary

Hertz Global Holdings executive Christopher G. Berg reported equity compensation activity involving the company’s common stock. On March 2, 2026, he acquired 173,211 shares underlying restricted stock units granted at $0.00 per share, vesting in three equal annual installments, subject to continued employment.

On March 3, 2026, 18,375 shares were disposed of at $4.34 per share to cover tax withholding related to RSU vesting, rather than an open-market sale. Following the tax-withholding disposition, Berg directly held 639,554 shares of Hertz common stock.

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Negative

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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*
Berg Christopher G.

(Last) (First) (Middle)
HERTZ GLOBAL HOLDINGS, INC.
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 Admin. 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 173,211(1) A $0 657,929 D
Common Stock 03/03/2026 F 18,375(2) D $4.34 639,554 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.
2. Represents shares of the Issuer's Common Stock that were withheld to satisfy certain tax withholding obligations related to the vesting of RSUs on March 3, 2026.
Remarks:
Adrian S. Nasr, by Power of Attorney from Christopher G. Berg 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 did the Hertz (HTZ) Form 4 report for Christopher G. Berg?

The Form 4 shows Christopher G. Berg received a large restricted stock unit grant and had shares withheld for taxes. He was granted 173,211 RSU-based shares and 18,375 shares were disposed to satisfy related tax obligations tied to RSU vesting.

How many Hertz (HTZ) shares were granted to Christopher G. Berg?

Christopher G. Berg was granted 173,211 shares of Hertz common stock underlying restricted stock units on March 2, 2026. These RSUs vest in three substantially equal installments over three years, contingent on his continued employment with Hertz or its subsidiaries through each vesting date.

What is the vesting schedule for Christopher G. Berg’s new Hertz RSUs?

The 173,211 RSUs granted to Christopher G. Berg vest in three substantially equal installments on the first, second, and third anniversaries of March 2, 2026. Each vesting date requires that he remain employed by Hertz Global Holdings or its subsidiaries on that specific vesting date.

Why were 18,375 Hertz (HTZ) shares disposed of in Berg’s Form 4?

The 18,375 Hertz shares were withheld to cover tax withholding obligations when certain RSUs vested on March 3, 2026. This tax-withholding disposition is coded as “F” and is not an open-market sale, but a share reduction to satisfy required tax payments.

What was Christopher G. Berg’s Hertz share ownership after these transactions?

After the March 3, 2026 tax-withholding disposition, Christopher G. Berg directly held 639,554 shares of Hertz common stock. This figure reflects his ownership following both the RSU-related grant and the subsequent share withholding to satisfy tax obligations from RSU vesting.

At what price were Hertz (HTZ) shares used for Berg’s tax withholding valued?

The 18,375 Hertz shares withheld for tax obligations related to RSU vesting were valued at $4.34 per share. This valuation applies specifically to the tax-withholding disposition on March 3, 2026, as reported in the Form 4, and not to any open-market transaction.
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