Hertz (HTZ) COO Moore has 140,822 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hertz Global Holdings executive Michael S. Moore, EVP and Chief Operating Officer, reported a tax-related share disposition tied to restricted stock vesting. On June 14, 2026, 140,822 shares of common stock were withheld to satisfy tax withholding obligations from RSU vesting. After this non-market transaction, he directly holds 978,361 shares of Hertz common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore Michael S.
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 140,822 | $5.13 | $722K |
Holdings After Transaction:
Common Stock — 978,361 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 140,822 shares
Shares held after transaction: 978,361 shares
Implied tax price per share: $5.13 per share
+1 more
4 metrics
Shares withheld for taxes
140,822 shares
Common stock withheld for RSU tax obligations on June 14, 2026
Shares held after transaction
978,361 shares
Direct holdings of Hertz common stock following June 14, 2026 withholding
Implied tax price per share
$5.13 per share
Value used for tax-withholding disposition of Hertz common stock
Transaction code
F
Disposition to satisfy tax liability by delivering securities
Key Terms
RSUs, tax withholding obligations, Common Stock, Form 4
4 terms
RSUs financial
"related to the vesting of RSUs on June 14, 2026"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"withheld to satisfy certain tax withholding obligations related to the vesting"
Common Stock financial
"Represents shares of the Issuer's Common Stock that were withheld"
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.
Form 4 regulatory
"reported in a Form 4 insider transaction by an executive officer"
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.
FAQ
What insider transaction did Hertz (HTZ) report for Michael S. Moore?
Hertz reported that EVP and COO Michael S. Moore had 140,822 shares of common stock withheld on June 14, 2026. The shares covered tax obligations from restricted stock unit (RSU) vesting, rather than an open-market sale.
Was the June 14, 2026 HTZ insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 140,822 shares of Hertz common stock were withheld by the company to satisfy tax withholding obligations related to RSU vesting on June 14, 2026.
What does transaction code F mean in the Hertz (HTZ) Form 4 filing?
Transaction code F indicates a disposition of shares to pay an exercise price or tax liability. In this case, it reflects shares of Hertz common stock withheld to cover tax obligations from the vesting of restricted stock units.