Hertz director Hinrichs receives 56,616-share award
The award vests in full on the earlier of the business day before the next annual meeting or the director’s departure, with settlement after Board service ends.
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Rhea-AI Filing Summary
Hertz Global Holdings, Inc. director Joseph R. Hinrichs received a pro-rated phantom stock award representing 56,616 shares on November 2, 2026, for his Board annual retainer. The award vests in full on the earlier of the business day immediately preceding the next annual stockholders’ meeting or his departure from the Board, and the shares will be settled promptly after he ceases to serve as a director. His reported total following the transaction was 56,616 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 56,616 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares underlying a pro-rated phantom stock award in respect of the annual retainer granted to the reporting person on November 2, 2026, for service as a member of the Board of Directors (the "Board") of the Issuer. The shares vest in full on the earlier of the business day immediately preceding the date of the Issuer's next annual stockholders' meeting and the date of such reporting person's departure from the Board. The shares will be settled promptly following the date on which the reporting person ceases to serve as a director.
Key Figures
Key Terms
phantom stock award financial
pro-rated financial
annual retainer financial
FAQ
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When does Joseph R. Hinrichs’s HTZ phantom stock award vest and settle?
AI-generated analysis. How Rhea-AI works. Not financial advice.