Hertz EVP reports RSU grant and tax share withholding
Hertz Global Holdings executive Piero Bussani reported two stock transactions.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,646 | $4.34 | $11K |
| Grant/Award | Common Stock | 173,211 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What insider transactions did HTZ executive Piero Bussani report?
What is the vesting schedule of the new RSUs granted to Hertz executive Bussani?
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