Hertz names Adam Zirkin director; Thomas Wagner resigns

The reporting persons each report beneficial ownership equal to 50.9% of HTZ common stock, based on 356,451,393 shares outstanding as of July 30, 2026.

Rhea-AI Filing Summary

Hertz Global Holdings, Inc. (HTZ) reported that, effective at the close of business on October 1, 2026, Thomas Wagner, Knighthead’s co-founder and co-managing member, resigned from the board, and the board appointed Adam Zirkin, a Knighthead member, as a director.

CK Amarillo, CK Amarillo GP, LLC, Certares Opportunities LLC, and Knighthead Capital Management, LLC each reported beneficial ownership of 181,455,469 common shares, representing 50.9% of the class, with shared voting and dispositive power. The percentage is based on 356,451,393 shares issued and outstanding as of July 30, 2026. Wagner continues to serve on CK Amarillo’s investment committee.

Key Figures

Beneficial ownership: 181,455,469 shares Percent of common stock class: 50.9% Common shares issued and outstanding: 356,451,393 shares

3 metrics

Beneficial ownership 181,455,469 shares Each of the four reporting persons reports this amount of common stock.

Percent of common stock class 50.9% Reported by each reporting person; based on shares issued and outstanding as of July 30, 2026.

Common shares issued and outstanding 356,451,393 shares As of July 30, 2026; basis cited for the reported ownership percentage.

Key Terms

beneficially owned, shared voting power, shared dispositive power

3 terms

beneficially owned regulatory

"aggregate amount beneficially owned by each reporting person"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power regulatory

"Shared Voting Power 181,455,469.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power regulatory

"Shared Dispositive Power 181,455,469.00"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many HTZ shares do the reporting persons beneficially own?

The reporting persons each reported beneficial ownership of 181,455,469 shares of Hertz Global Holdings, Inc. common stock, equal to 50.9% of the class. Each reported shared voting and dispositive power over those shares. The percentage is based on 356,451,393 shares issued and outstanding as of July 30, 2026.

Who joined and who left the HTZ board?

Effective at the close of business on October 1, 2026, Thomas Wagner resigned from the board and Adam Zirkin was appointed a director. Wagner is Knighthead’s co-founder and co-managing member; Zirkin is a member of Knighthead. Wagner continues to serve on CK Amarillo’s investment committee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 04:39 PM Accepted by SEC EDGAR 10/05/2026 - 04:38 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 12)

Hertz Global Holdings, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

42806J700

(CUSIP Number)

Laura Torrado
c/o Knighthead Capital Management, LLC, 320 Park Avenue, 28th Floor
New York, NY, 10022
(212) 356-2900

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

10/01/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 42806J700

1

Name of reporting person

CK Amarillo LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 181,455,469.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 181,455,469.00

11

Aggregate amount beneficially owned by each reporting person

181,455,469.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

50.9 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

(1) The amount beneficially owned consists of 181,455,469 shares of Common Stock. (2) The percentage of the shares of Common Stock reported beneficially owned by the Reporting Person is based on information provided by the Issuer in its quarterly report on Form 10-Q filed on August 6, 2026, reflecting 356,451,393 shares of Common Stock issued and outstanding as of July 30, 2026.

SCHEDULE 13D

CUSIP Number(s): 42806J700

1

Name of reporting person

CK Amarillo GP, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 181,455,469.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 181,455,469.00

11

Aggregate amount beneficially owned by each reporting person

181,455,469.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

50.9 %

14

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person:

(1) The amount beneficially owned consists of 181,455,469 shares of Common Stock. (2) The percentage of the shares of Common Stock reported beneficially owned by the Reporting Person is based on information provided by the Issuer in its quarterly report on Form 10-Q filed on August 6, 2026, reflecting 356,451,393 shares of Common Stock issued and outstanding as of July 30, 2026.

SCHEDULE 13D

CUSIP Number(s): 42806J700

1

Name of reporting person

Certares Opportunities LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 181,455,469.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 181,455,469.00

11

Aggregate amount beneficially owned by each reporting person

181,455,469.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

50.9 %

14

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person:

(1) The amount beneficially owned consists of 181,455,469 shares of Common Stock. (2) The percentage of the shares of Common Stock reported beneficially owned by the Reporting Person is based on information provided by the Issuer in its quarterly report on Form 10-Q filed on August 6, 2026, reflecting 356,451,393 shares of Common Stock issued and outstanding as of July 30, 2026.

SCHEDULE 13D

CUSIP Number(s): 42806J700

1

Name of reporting person

Knighthead Capital Management, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 181,455,469.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 181,455,469.00

11

Aggregate amount beneficially owned by each reporting person

181,455,469.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

50.9 %

14

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person:

(1) The amount beneficially owned consists of 181,455,469 shares of Common Stock. (2) The percentage of the shares of Common Stock reported beneficially owned by the Reporting Person is based on information provided by the Issuer in its quarterly report on Form 10-Q filed on August 6, 2026, reflecting 356,451,393 shares of Common Stock issued and outstanding as of July 30, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.01 per share
(b)	Name of Issuer: Hertz Global Holdings, Inc.
(c)	Address of Issuer's Principal Executive Offices: 8501 Williams Road, Estero, FLORIDA , 33928.
Item 1 Comment: The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant. This Amendment No. 12 ("Amendment No. 12") amends the Schedule 13D filed with the SEC on July 12, 2021 (the "Original Schedule 13D"), as amended by Amendment No. 1, filed with the SEC on November 16, 2021, Amendment No. 2, filed with the SEC on August 1, 2022, Amendment No. 3, filed with the SEC on October 28, 2022, Amendment No. 4, filed with the SEC on February 7, 2023, Amendment No. 5, filed with the SEC on April 27, 2023, Amendment No. 6, filed with the SEC on November 7, 2023, Amendment No. 7, filed with the SEC on July 2, 2024, Amendment No. 8, filed with the SEC on March 26, 2025, Amendment No. 9, filed with the SEC on March 2, 2026, Amendment No. 10, filed with the SEC on August 10, 2026, and Amendment No. 11, filed with the SEC on August 24, 2026 (together with the Original Schedule 13D, the "Schedule 13D"), relating to the Common Stock of Hertz Global Holdings, Inc., a Delaware corporation (the "Issuer" or the "Company"). Except as set forth herein, the Schedule 13D is unmodified and remains in full force and effect. Capitalized terms used herein and not otherwise defined in this Amendment No. 12 have the meanings set forth in the Schedule 13D.
Item 4.	Purpose of Transaction
	The information set forth in Item 4 of the Schedule 13D is amended as follows: Effective as of the close of business on October 1, 2026: (i) Thomas Wagner, co-founder and co-managing member of Knighthead, resigned from the Company's board of directors (the "Board"); and (ii) the Board appointed Adam Zirkin, a member of Knighthead, to serve as a director on the Board. Mr. Wagner continues to serve as a member of the investment committee of CK Amarillo.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CK Amarillo LP

Signature:	/s/ Tom LaMacchia
Name/Title:	Tom LaMacchia, Authorized Signatory of CK Amarillo GP, LLC, General Partner of CK Amarillo LP
Date:	10/05/2026

Signature:	/s/ Laura Torrado
Name/Title:	Laura Torrado, Authorized Signatory of CK Amarillo GP, LLC, General Partner of CK Amarillo LP
Date:	10/05/2026

CK Amarillo GP, LLC

Signature:	/s/ Tom LaMacchia
Name/Title:	Tom LaMacchia, Authorized Signatory
Date:	10/05/2026

Signature:	/s/ Laura Torrado
Name/Title:	Laura Torrado, Authorized Signatory
Date:	10/05/2026

Certares Opportunities LLC

Signature:	/s/ Tom LaMacchia
Name/Title:	Tom LaMacchia, Managing Director & General Counsel, Certares Management LLC, Sole Member of Certares Opportunities LLC
Date:	10/05/2026

Knighthead Capital Management, LLC

Signature:	/s/ Laura Torrado
Name/Title:	Laura Torrado, General Counsel
Date:	10/05/2026