Form 3: Hertz Global EVP Christopher Berg Reports 525K RSUs

Rhea-AI Filing Summary

SEC Form 3 filing for Hertz Global Holdings (HTZ) discloses the initial beneficial ownership of Executive Vice President & Chief Administrative Officer Christopher G. Berg.

• Date of event: 26 June 2025; filing signed 7 July 2025.
• Direct ownership: 525,908 shares of common stock, reported as restricted stock units (RSUs).
• Vesting schedule: The RSUs vest in approximately equal tranches on the first, second, and third anniversaries of their respective grant dates, contingent on continued employment.
• Derivative securities: None reported.
• Filing type: Single-person filing; no joint filers.

This is a routine Section 16(a) disclosure establishing Mr. Berg’s equity position upon becoming an insider. The filing does not convey new operational or financial performance data and is unlikely to have a material market impact.

Insights

Financial Analyst

TL;DR: Routine Form 3; confirms EVP Berg holds 525,908 RSUs—no immediate valuation impact.

The Form 3 simply records Mr. Berg’s insider status and equity stake. The shares are unvested RSUs, spreading over three years, which aligns executive incentives with shareholder value but introduces no new cash flow or dilution today. With no derivative positions disclosed, complexity is minimal. Investors typically view such filings as housekeeping rather than catalysts; thus, market impact is negligible.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Berg Christopher G.

(Last) (First) (Middle)

8501 WILLIAMS ROAD

(Street)

ESTERO FL 33928

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/26/2025

3. Issuer Name and Ticker or Trading Symbol
HERTZ GLOBAL HOLDINGS, INC [ HTZ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Admin. Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	525,908(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units that vest (in approximately equal installments) on the first, second, and third anniversaries of their respective grant dates, subject to the Reporting Person's continued employment through each such vesting date.

Remarks:

Exhibit 24 - Power of Attorney is attached.

	Tonya M. Smith, by Power of Attorney for Christopher G. Berg	07/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Hertz (HTZ) shares does EVP Christopher G. Berg own?

The Form 3 reports 525,908 shares of common stock held directly as restricted stock units.

What is the vesting schedule for Berg’s RSUs in Hertz Global Holdings?

The RSUs vest in approximately equal installments on the 1st, 2nd and 3rd anniversaries of their grant dates, subject to continued employment.

Did the filing disclose any derivative securities such as options or warrants?

No. Table II shows no derivative securities beneficially owned by the reporting person.

What was the event date triggering the Form 3 disclosure for HTZ?

The reportable event occurred on 26 June 2025.

Is this Form 3 expected to impact Hertz’s share price?

The filing is a routine insider ownership disclosure and is not considered materially impactful to the share price.