Hertz (HTZ) EVP Bussani gets RSU grant and withholds shares for tax

Rhea-AI Filing Summary

Hertz Global Holdings executive Piero Bussani reported two stock transactions. On March 2, he acquired 173,211 shares of common stock through a grant of restricted stock units that cost him no cash. These RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date, subject to his continued employment.

On March 3, 2,646 shares of common stock were disposed of to cover tax withholding obligations tied to RSUs that vested on that date, at a price of $4.34 per share. After these transactions, he held 531,796 shares of Hertz common stock directly.

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

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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^*

Bussani Piero

(Last) (First) (Middle)

HERTZ GLOBAL HOLDINGS, INC.

8501 WILLIAMS ROAD

(Street)

ESTERO FL 33928

(City) (State) (Zip)

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, CLO & Corp Secretary

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		A		173,211(1)	A	$0	534,442	D
Common Stock	03/03/2026		F		2,646(2)	D	$4.34	531,796	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 underlying restricted stock units ("RSUs") granted to the Reporting Person on March 2, 2026. The RSUs vest in substantially equal installments on the first, second, and third anniversaries of the grant date, in each case, subject to the Reporting Person's continued employment with the Issuer or its subsidiaries on such vesting date.

2. Represents shares of the Issuer's Common Stock that were withheld to satisfy certain tax withholding obligations related to the vesting of RSUs on March 3, 2026.

Remarks:

	Adrian S. Nasr, by Power of Attorney for Piero Bussani	03/04/2026
	** 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.

FAQ

What insider transactions did HTZ executive Piero Bussani report?

Piero Bussani reported a grant of 173,211 Hertz Global Holdings common shares via restricted stock units and a separate disposition of 2,646 shares to satisfy tax withholding obligations tied to vested RSUs. Both transactions involve equity compensation rather than open-market buying or selling.

How many Hertz (HTZ) shares were granted to Piero Bussani in this Form 4?

Bussani received 173,211 shares of Hertz common stock through a restricted stock unit grant on March 2, 2026. These RSUs vest in substantially equal installments over three years, contingent on his continued employment with Hertz or its subsidiaries through each vesting date.

Why did Piero Bussani dispose of 2,646 Hertz (HTZ) shares?

The 2,646 Hertz shares were withheld to pay tax obligations arising from the vesting of restricted stock units on March 3, 2026. This tax-withholding disposition is a standard administrative transaction, not an open-market sale initiated for investment or portfolio reasons.

What is the vesting schedule of the new RSUs granted to Hertz executive Bussani?

The RSUs granted on March 2, 2026 vest in substantially equal installments on the first, second, and third anniversaries of the grant date. Each installment requires Bussani to remain employed by Hertz Global Holdings or its subsidiaries through the applicable vesting date.

How many Hertz (HTZ) shares does Piero Bussani own after these transactions?

Following the reported grant and tax-withholding disposition, Bussani directly holds 531,796 shares of Hertz Global Holdings common stock. This figure reflects his ownership after the 2,646 shares were withheld for taxes related to the vesting of restricted stock units on March 3, 2026.