Hertz Global (HTZ) director granted 2,712-share phantom stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hertz Global Holdings director Evangeline Vougessis received an equity grant tied to her board retainer. On March 31, 2026, she was awarded 2,712 shares of Common Stock at $4.61 per share as a phantom stock award in lieu of one-half of her quarterly cash retainer.
The award was fully vested on the grant date and will be settled in shares after she ceases serving as a director. Following this compensation-related acquisition, she directly holds 129,295 shares of Hertz Global Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vougessis Evangeline
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,712 | $4.61 | $13K |
Holdings After Transaction:
Common Stock — 129,295 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 2,712 shares
Grant reference price: $4.61 per share
Total shares after transaction: 129,295 shares
+1 more
4 metrics
Shares granted
2,712 shares
Phantom stock award on March 31, 2026
Grant reference price
$4.61 per share
Common Stock phantom award valuation
Total shares after transaction
129,295 shares
Director’s direct holdings following award
Cash retainer portion replaced
One-half of quarterly retainer
Q1 2026 board compensation structure
Key Terms
phantom stock award, quarterly cash retainer, fully vested, Common Stock
4 terms
phantom stock award financial
"Represents shares underlying a phantom stock award that was issued"
quarterly cash retainer financial
"in lieu of one-half of the Reporting Person's quarterly cash retainer"
fully vested financial
"The shares were fully vested on such date"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Hertz (HTZ) director Evangeline Vougessis report?
Hertz director Evangeline Vougessis reported receiving 2,712 shares of Common Stock as a phantom stock award. The grant occurred on March 31, 2026 and represents equity compensation in lieu of part of her quarterly cash retainer for serving on the board.
How and when will the Hertz (HTZ) phantom stock award be settled?
The phantom stock award will be settled in shares after the director stops serving on the board. It was fully vested on March 31, 2026, but actual delivery of the underlying shares occurs promptly following the date she ceases to serve as a director.
What was the reference price for the Hertz (HTZ) phantom stock grant?
The phantom stock award used a reference price of $4.61 per share for the 2,712 shares granted. This price is used to value the equity portion of the director’s compensation that replaced one-half of her quarterly cash retainer for the first quarter of 2026.