Hertz director Larsen gets award tied to 58,593 shares
The phantom stock award will be settled promptly after Nils Erik Larsen ceases to serve as a director.
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Rhea-AI Filing Summary
Hertz Global Holdings, Inc. director Nils Erik Larsen received a pro-rated phantom stock award underlying 58,593 shares on November 2, 2026, for his annual retainer. The shares vest in full on the earlier of the business day immediately preceding the issuer’s next annual stockholders’ meeting or his departure from the Board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 58,593 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares underlying a pro-rated phantom stock award in respect of the annual retainer granted to the reporting person on November 2, 2026, for service as a member of the Board of Directors (the "Board") of the Issuer. The shares vest in full on the earlier of the business day immediately preceding the date of the Issuer's next annual stockholders' meeting and the date of such reporting person's departure from the Board. The shares will be settled promptly following the date on which the reporting person ceases to serve as a director.
Key Figures
Key Terms
phantom stock award financial
pro-rated financial
annual retainer financial
FAQ
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When will Nils Erik Larsen’s HTZ phantom stock award be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.