Hertz Global: Jane Street reports 2.4% stake

For Hertz Global Holdings, Inc. (HTZ), Jane Street Group, LLC reported beneficial ownership of 8,762,442 shares (2.4%), with shared voting and dispositive power over that amount.

Available on EDGAR 11/06/2026 - 05:20 PM EST Accepted by SEC EDGAR 11/06/2026 - 05:20 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

For Hertz Global Holdings, Inc. (HTZ), Jane Street Group, LLC reported beneficial ownership of 8,762,442 shares (2.4%), with shared voting and dispositive power over that amount. Its reported amount includes 5,591,007 shares acquirable through convertible bonds and warrants held by Jane Street Global Trading, LLC and Jane Street Capital, LLC.

Separate cover-page entries report Jane Street Global Trading, LLC’s beneficial ownership of 5,738,108 shares (1.6%), including 5,590,001 acquirable shares, and Jane Street Capital, LLC’s beneficial ownership of 3,024,334 shares (0.8%), including 1,006 shares acquirable through warrants. The stated percentages use 362,042,400 shares for the ownership calculation, based on 356,451,393 shares outstanding as of July 30, 2026, plus 5,591,007 acquirable shares.

Key Figures

Beneficial ownership — Jane Street Group, LLC: 8,762,442 shares Beneficial ownership percentage — Jane Street Group, LLC: 2.4% Beneficial ownership — Jane Street Global Trading, LLC: 5,738,108 shares +4 more

7 metrics

Beneficial ownership — Jane Street Group, LLC 8,762,442 shares 2.4% of the class; shared voting and dispositive power

Beneficial ownership percentage — Jane Street Group, LLC 2.4% Ownership calculation

Beneficial ownership — Jane Street Global Trading, LLC 5,738,108 shares 1.6% of the class

Beneficial ownership — Jane Street Capital, LLC 3,024,334 shares 0.8% of the class

Shares acquirable through convertible bonds and warrants 5,591,007 shares Included in Jane Street Group, LLC’s ownership calculation

Shares outstanding 356,451,393 shares As of July 30, 2026

Share count used for ownership calculation 362,042,400 shares Used to calculate the reported ownership percentages

Key Terms

beneficially owned, Shared Voting Power, Shared Dispositive Power, convertible bonds and warrants, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 8,762,442.00"

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 financial

"Shared Voting Power 8,762,442.00"

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 financial

"Shared Dispositive Power 8,762,442.00"

convertible bonds and warrants financial

"shares that can be acquired from convertible bonds and warrants"

dilution financial

"dilution of the outstanding shares due to 5,591,007 shares acquirable"

Dilution occurs when a company issues additional shares, increasing the total number of shares outstanding. This can reduce the ownership percentage and voting power of existing shareholders, similar to slicing a pie into more pieces—each piece becomes smaller. For investors, dilution can mean a reduced stake in the company and potentially lower earnings per share, affecting the value of their investment.

FAQ

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

How many HTZ shares did Jane Street report owning?

Jane Street Group, LLC reported beneficial ownership of 8,762,442 shares, or 2.4%, with shared voting and dispositive power over that amount. The reported amount includes shares acquirable through convertible bonds and warrants held by two Jane Street entities.

How did Jane Street calculate its HTZ ownership percentage?

The ownership calculation used 362,042,400 shares, based on 356,451,393 shares outstanding as of July 30, 2026, plus 5,591,007 shares acquirable through convertible bonds and warrants.

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

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

HERTZ GLOBAL HOLDINGS, INC

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

42806J700

(CUSIP Number)

09/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 42806J700

1

Names of Reporting Persons

JANE STREET GROUP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,762,442.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,762,442.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,762,442.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.4 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: The reported holding includes 5,591,007 shares that can be acquired from convertible bonds and warrants and held by Jane Street Global Trading, LLC (JSGT) and Jane Street Capital LLC (JSC). The % ownership calculation uses 362,042,400 outstanding shares which is based on (1) 356,451,393 shares outstanding as of July 30, 2026 as stated in the issuer's 10Q filing on August 6, 2026; and (2) dilution of the outstanding shares due to 5,591,007 shares acquirable via convertible bonds and warrants held by JSGT and JSC.

SCHEDULE 13G

CUSIP Number(s): 42806J700

1

Names of Reporting Persons

Jane Street Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,024,334.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,024,334.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,024,334.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.8 %

12

Type of Reporting Person (See Instructions)

BD

Comment for Type of Reporting Person: The reported holding includes 1,006 shares that can be acquired from warrants and held by Jane Street Capital LLC (JSC). The % ownership calculation uses 362,042,400 outstanding shares which is based on (1) 356,451,393 shares outstanding as of July 30, 2026 as stated in the issuer's 10Q filing on August 6, 2026; and (2) dilution of the outstanding shares due to 5,591,007 shares acquirable via convertible bonds and warrants held by Jane Street Global Trading, LLC and JSC.

SCHEDULE 13G

CUSIP Number(s): 42806J700

1

Names of Reporting Persons

Jane Street Global Trading, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,738,108.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,738,108.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,738,108.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.6 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The reported holding includes 5,590,001 shares that can be acquired from convertible bonds and warrants and held by Jane Street Global Trading, LLC (JSGT). The % ownership calculation uses 362,042,400 outstanding shares which is based on (1) 356,451,393 shares outstanding as of July 30, 2026 as stated in the issuer's 10Q filing on August 6, 2026; and (2) dilution of the outstanding shares due to 5,591,007 shares acquirable via convertible bonds and warrants held by JSGT and Jand Street Capital, LLC.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: HERTZ GLOBAL HOLDINGS, INC
(b)	Address of issuer's principal executive offices: 8501 WILLIAMS ROAD, 8501 WILLIAMS ROAD, ESTERO, FLORIDA, 33928.
Item 2.
(a)	Name of person filing: Jane Street Group, LLC Jane Street Capital, LLC Jane Street Global Trading, LLC
(b)	Address or principal business office or, if none, residence: Jane Street Group, LLC 250 Vesey Street 3rd Floor New York, NY 10281 Jane Street Capital, LLC 250 Vesey Street 3rd Floor New York, NY 10281 Jane Street Global Trading, LLC 250 Vesey Street 3rd Floor New York, NY 10281
(c)	Citizenship: See Item 4 of Cover Page.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 42806J700
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 8,762,442.00
(b)	Percent of class: 2.4%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 8,762,442.00
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 8,762,442.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Subsidiary Jane Street Capital, LLC Jane Street Global Trading, LLC
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

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.

JANE STREET GROUP, LLC

Signature:	/s/ Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	11/06/2026

Jane Street Capital, LLC

Signature:	/s/ Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	11/06/2026

Jane Street Global Trading, LLC

Signature:	/s/ Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	11/06/2026