Hertz COO sells 40,919 shares in open market
Hertz Global Holdings executive vice president and chief operating officer Michael S. Moore sold 40,919 shares of the company’s Common Stock in an open-market transaction at a weighted average price of $6.0692 per share.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Hertz Global Holdings executive vice president and chief operating officer Michael S. Moore sold 40,919 shares of the company’s Common Stock in an open-market transaction at a weighted average price of $6.0692 per share. The trades occurred across prices ranging from $6.05 to $6.12. After this sale, he directly owns 1,119,183 shares.
Insider Trade Summary
Net Seller: 40,919 shares
Net Sell
1 txn
Insider
Moore Michael S.
Role
EVP, Chief Operating Officer
Sold
40,919 shs ($248K)
Share of Position Sold
3.5%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,919 | $6.0692 | $248K |
Holdings After Transaction:
Common Stock — 1,119,183 shares (Direct)
Holdings Before and After:
Common Stock, 1,160,102 to 1,119,183 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.05 to $6.12, inclusive. The reporting person has provided to the Issuer, and will provide, upon request, to the staff of the U.S. Securities and Exchange Commission or any security holder of the Issuer information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Key Figures
Shares sold: 40,919 shares
Weighted average sale price: $6.0692 per share
Post-transaction holdings: 1,119,183 shares
+1 more
4 metrics
Shares sold
40,919 shares
Open-market sale of Common Stock
Weighted average sale price
$6.0692 per share
Sale of 40,919 Common Stock shares
Post-transaction holdings
1,119,183 shares
Direct ownership after sale
Sale price range
$6.05–$6.12 per share
Multiple transactions within this range
Key Terms
open-market sale, weighted average price, Form 4, Common Stock
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"within the range set forth in this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HTZ executive Michael S. Moore report?
Michael S. Moore, EVP and COO of Hertz Global Holdings, reported selling 40,919 shares of Common Stock in an open-market transaction at a weighted average price of $6.0692 per share, according to a recent Form 4 insider filing.
Was the HTZ insider transaction by Michael S. Moore a buy or a sell?
The Form 4 filing shows a sell transaction by Michael S. Moore. He executed an open-market sale of 40,919 shares of Hertz Global Holdings Common Stock, coded as an “S” transaction, indicating a sale in the SEC’s transaction classification system.
What does the weighted average price mean in Michael S. Moore’s HTZ sale?
The weighted average price of $6.0692 reflects multiple trades between $6.05 and $6.12. The Form 4 notes Moore can provide detailed information on the number of Hertz Global Holdings shares sold at each individual price within that range upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
