Hertz Global EVP has shares withheld for taxes

Accepted by SEC EDGAR 07/24/2026 - 04:29 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

On July 22, 2026, Hertz Global Holdings, Inc. executive Sandeep Dube, EVP and Chief Commercial Officer, had 166,545 shares of common stock withheld at $1.93 per share to satisfy tax withholding obligations arising from vesting restricted stock units granted on July 22, 2024, leaving him with 1,118,203 directly held shares.

Insider Trade Summary

Tax Withholding: 166,545 shares

Tax Withholding 1 txn

Insider Dube Sandeep

Role EVP, Chief Commercial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	166,545	$1.93	$321K

Holdings After Transaction: Common Stock — 1,118,203 shares (Direct)

Holdings Before and After: Common Stock, 1,284,748 to 1,118,203 shares (Direct)

Footnotes (1)

1. F1. Represents shares of the Issuer's common stock that were withheld to satisfy certain tax withholding obligations related to the vesting of restricted stock units that were granted on July 22, 2024.

Key Figures

Shares Withheld for Taxes: 166,545 shares Per-Share Value for Withholding: $1.93 per share Shares Held After Transaction: 1,118,203 shares +1 more

4 metrics

Shares Withheld for Taxes 166,545 shares Common stock withheld to satisfy tax withholding obligations on July 22, 2026

Per-Share Value for Withholding $1.93 per share Value used for the tax-withholding disposition of 166,545 common shares

Shares Held After Transaction 1,118,203 shares Directly held Hertz common stock by Sandeep Dube following the withholding transaction

RSU Grant Date July 22, 2024 Grant date of restricted stock units whose vesting triggered the tax withholding

Key Terms

tax withholding obligations, restricted stock units, tax-withholding disposition

3 terms

tax withholding obligations financial

"were withheld to satisfy certain tax withholding obligations related to the vesting"

restricted stock units financial

"related to the vesting of restricted stock units that were granted on July 22, 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 disposition financial

"transaction_action": "tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Hertz (HTZ) executive Sandeep Dube report in this Form 4?

Sandeep Dube reported shares withheld for taxes, not an open-market sale. 166,545 common shares were withheld at $1.93 each to cover tax withholding on vesting RSUs, leaving him with 1,118,203 directly held shares afterward.

How many Hertz (HTZ) shares were withheld to cover Sandeep Dube’s taxes?

A total of 166,545 Hertz common shares were withheld. The withholding satisfied tax obligations related to vesting restricted stock units granted on July 22, 2024, and was reported at a value of $1.93 per share for this tax-related transaction.

What is Sandeep Dube’s Hertz (HTZ) share ownership after this Form 4 event?

After the tax withholding transaction, Sandeep Dube directly holds 1,118,203 shares of Hertz common stock. This reported balance reflects the net position following the withholding of 166,545 shares to satisfy tax obligations tied to restricted stock unit vesting.

Was the Hertz (HTZ) Form 4 transaction by Sandeep Dube a market sale?

No, the transaction was a tax-withholding disposition, not a market sale. Shares were withheld by the issuer to meet tax obligations from vesting RSUs granted on July 22, 2024, consistent with Form 4 code F for tax-liability settlements.

Which award triggered the tax withholding reported for Hertz (HTZ) executive Sandeep Dube?

The withholding related to vesting of restricted stock units granted on July 22, 2024. When those RSUs vested, Hertz withheld 166,545 common shares at $1.93 per share to cover associated tax withholding obligations for the executive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Dube Sandeep

(Last) (First) (Middle)

8501 WILLIAMS ROAD

(Street)

ESTERO FLORIDA 33928

(City) (State) (Zip)

UNITED STATES

(Country)

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 Commercial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/22/2026		F		166,545(1)	D	$1.93	1,118,203	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 that were withheld to satisfy certain tax withholding obligations related to the vesting of restricted stock units that were granted on July 22, 2024.

Remarks:

	/s/ Adrian N. Nasr by Power of Attorney for Sandeep Dube	07/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)