Director Evangeline Vougessis granted 31,877 RSUs at Hertz Global (HTZ)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vougessis Evangeline reported acquisition or exercise transactions in this Form 4 filing.
Hertz Global Holdings director Evangeline Vougessis received an equity grant as part of her annual retainer. She was awarded 31,877 shares of common stock on May 28, 2026 at a grant price of $0 per share, bringing her direct holdings to 161,172 shares.
The award represents restricted stock units that vest in full on the earlier of the business day before the company’s next annual stockholder meeting or her departure from the board for any reason other than termination for cause. The units are subject to a deferral election and will settle in shares within 30 days after she ceases to serve as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vougessis Evangeline
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,877 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 161,172 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 31,877 shares
Grant price: $0.00 per share
Total shares after grant: 161,172 shares
+2 more
5 metrics
RSUs granted
31,877 shares
Equity portion of annual retainer granted May 28, 2026
Grant price
$0.00 per share
Director compensation award, not an open-market purchase
Total shares after grant
161,172 shares
Director’s direct holdings following the reported transaction
Vesting trigger
Earlier of pre-next annual meeting or board departure
Service-based vesting for restricted stock units
Settlement timing
Within 30 days
Settlement after the director ceases to serve on the board
Key Terms
restricted stock units, annual retainer, vests in full, deferral election, +1 more
5 terms
restricted stock units financial
"The restricted stock units are subject to deferral election and will settle within 30 days"
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.
annual retainer financial
"Represents the equity portion of the annual retainer granted to the reporting person"
vests in full financial
"which vests in full on the earlier of the business day immediately preceding"
deferral election financial
"The restricted stock units are subject to deferral election and will settle"
termination for cause financial
"or the date of such director's departure from the Board for any reason other than a termination for cause"
FAQ
What did Hertz Global (HTZ) director Evangeline Vougessis report in this Form 4?
Director Evangeline Vougessis reported receiving 31,877 restricted stock units as part of her annual retainer. These equity awards increase her direct holdings to 161,172 common shares and are structured as compensation rather than an open-market stock purchase or sale.
When do the Hertz Global (HTZ) restricted stock units granted to the director vest?
The restricted stock units vest in full on the earlier of the business day immediately before Hertz Global’s next annual stockholder meeting or the date she leaves the board, provided she is not terminated for cause. This creates a service-based vesting schedule tied to board tenure.
How and when will the Hertz Global (HTZ) director’s restricted stock units settle?
The restricted stock units are subject to a deferral election and will settle within 30 days after Evangeline Vougessis ceases to serve as a director. Settlement occurs in shares of common stock, aligning director compensation with long-term shareholder interests through equity.