Hertz Global Holdings (HTZ) EVP Bussani granted RSU shares on Form 4 filing
Rhea-AI Filing Summary
Hertz Global Holdings executive Piero Bussani, EVP, CLO & Corporate Secretary, reported stock-based awards of the company’s common stock. On January 2, 2026, he acquired 335,250 shares of common stock at $0 per share and an additional 25,981 shares at $0 per share, all held directly. Footnotes explain these represent restricted stock units that vest in approximately equal installments over three years, with one grant vesting on each of the first, second and third anniversaries of the grant date and another vesting on March 3, 2026, 2027, and 2028, subject to his continued employment. Following these grants, he beneficially owned 361,231 shares of common stock directly.
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FAQ
What insider activity did HTZ executive Piero Bussani report on this Form 4?
Piero Bussani, EVP, CLO & Corporate Secretary of Hertz Global Holdings, Inc., reported acquisitions of the company’s common stock on January 2, 2026, tied to restricted stock unit grants.
How many Hertz (HTZ) shares did Piero Bussani acquire in this filing?
He acquired 335,250 shares of common stock in one transaction and 25,981 shares in a second transaction, for a reported beneficial ownership of 361,231 shares of common stock held directly after the transactions.
What price did Piero Bussani pay for the Hertz Global (HTZ) shares reported?
Both acquisitions of Hertz Global Holdings common stock were reported at a price of $0 per share, reflecting stock-based awards rather than market purchases.
How do the RSU grants to Hertz executive Piero Bussani vest?
One RSU grant covers 335,250 shares and vests in approximately equal installments on the first, second and third anniversaries of the grant date, subject to his continued employment. The other grant covering 25,981 shares vests in approximately equal installments on March 3, 2026, March 3, 2027, and March 3, 2028, also subject to continued employment.
Does Piero Bussani hold the Hertz (HTZ) shares directly or indirectly after these grants?
The Form 4 reports that after the transactions Bussani beneficially owned 361,231 shares of Hertz Global Holdings common stock with direct (D) ownership, with no indirect ownership nature specified.
What is Piero Bussani’s role at Hertz Global Holdings (HTZ) in this Form 4?
In this filing, the reporting person is identified as Piero Bussani, serving as an officer of Hertz Global Holdings with the title EVP, CLO & Corporate Secretary.