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Hertz (HTZ) HR chief Jyoti Chopra gets 115,474 RSUs, 1,626 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hertz Global Holdings executive Jyoti Chopra reported two equity-related transactions in company common stock. On March 2, 2026, she acquired 115,474 shares underlying restricted stock units granted at no cash cost, which vest in three equal annual installments, subject to continued employment. On March 3, 2026, 1,626 shares were disposed of to cover tax withholding tied to RSU vesting at a price of $4.34 per share, leaving her with 414,852 directly held shares.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chopra Jyoti

(Last) (First) (Middle)
HERTZ GLOBAL HOLDINGS, INC.
8501 WILLIAMS ROAD

(Street)
ESTERO FL 33928

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HERTZ GLOBAL HOLDINGS, INC [ HTZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CHRO
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 A 115,474(1) A $0 416,478 D
Common Stock 03/03/2026 F 1,626(2) D $4.34 414,852 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's Common Stock underlying restricted stock units ("RSUs") granted to the Reporting Person on March 2, 2026. The RSUs vest in substantially equal installments on the first, second, and third anniversaries of the grant date, in each case, subject to the Reporting Person's continued employment with the Issuer or its subsidiaries on such vesting date.
2. Represents shares of the Issuer's Common Stock that were withheld to satisfy certain tax withholding obligations related to the vesting of RSUs on March 3, 2026.
Remarks:
Adrian S. Nasr, by Power of Attorney for Jyoti Chopra 03/04/2026
** 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 4 (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

What insider transactions did HTZ executive Jyoti Chopra report?

Jyoti Chopra reported an equity award and a related tax withholding. She received 115,474 restricted stock units on March 2, 2026, then 1,626 shares were withheld on March 3, 2026 to satisfy tax obligations from vesting RSUs at $4.34 per share.

How many Hertz (HTZ) RSUs were granted to Jyoti Chopra?

She was granted 115,474 restricted stock units tied to Hertz common stock. The award was made on March 2, 2026 and vests in three substantially equal annual installments, each contingent on her continued employment with Hertz or its subsidiaries on the applicable vesting dates.

Why were 1,626 HTZ shares disposed of by Jyoti Chopra?

The 1,626 Hertz shares were withheld to cover tax obligations from RSU vesting. On March 3, 2026, these shares were used for tax-withholding purposes at $4.34 per share rather than sold in an open-market transaction, reflecting a tax-withholding disposition, not a discretionary sale.

What is Jyoti Chopra’s Hertz (HTZ) shareholding after these transactions?

Following the reported transactions, Jyoti Chopra directly holds 414,852 Hertz common shares. This figure reflects both the March 2, 2026 restricted stock unit grant and the March 3, 2026 tax-withholding disposition, as disclosed in the Form 4 insider ownership reporting data.

How do Jyoti Chopra’s HTZ RSUs vest over time?

The 115,474 Hertz RSUs granted to Jyoti Chopra vest in three substantially equal annual installments. Vesting occurs on the first, second, and third anniversaries of the March 2, 2026 grant date, provided she remains employed by Hertz or its subsidiaries on each vesting date.

Was the HTZ tax-withholding transaction an open-market sale?

No, the 1,626-share transaction was a tax-withholding disposition. Shares were withheld by Hertz to satisfy tax obligations from RSU vesting at $4.34 per share, rather than being sold by Jyoti Chopra in an open-market transaction to third-party buyers.
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