[Form 4] Hertz Global Holdings Warrants Insider Trading Activity

Rhea-AI Filing Summary

Insider purchase: On 07/23/2025 Simmons First National Corp. (SFNC) director Jerry Hunter bought 1,000 common shares at $18.50 via a directed share program connected to the company’s underwritten public offering, filing transaction code P.

The acquisition increases Hunter’s direct holdings to 23,318 shares, a roughly 4 % rise in his personal stake. No derivative transactions, sales, or dispositions were disclosed.

Although the $18,500 purchase is immaterial to SFNC’s market capitalization, fresh insider buying can be interpreted as a modest vote of confidence in the current valuation and future prospects. The filing contains no adverse disclosures.

Positive

• Director Jerry Hunter purchased 1,000 SFNC shares at $18.50, boosting his stake to 23,318 shares
• Insider participation in the company’s public offering may reflect confidence in valuation

Negative

• None.

Insights

Securities Analyst

TL;DR – Small insider buy; positive signal but immaterial financially.

Hunter’s 1,000-share purchase modestly lifts insider ownership but represents less than 0.1 % of daily trading volume. Participation in the public offering aligns management with outside investors, a marginally constructive sign. However, the dollar amount is too small to alter the investment thesis or valuation models. Overall impact is neutral to mildly positive.

Portfolio Manager

TL;DR – Confidence cue, not a catalyst.

I view insider buying favorably, yet at $18.5K, this trade will not sway portfolio weighting decisions. I will note it alongside peer transactions, but absent larger or repeated purchases, it remains a soft sentiment indicator rather than a trigger for action.

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).

1. Name and Address of Reporting Person^*

Dube Sandeep

(Last) (First) (Middle)

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, Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025

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	07/22/2025		F		130,519(1)	D	$7.73	996,064	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 Hertz Global Holdings, Inc. common stock that were withheld to satisfy certain tax withholding obligations related to the vesting of restricted stock units that were granted on July 22, 2024.

Remarks:

	Tonya M. Smith, by Power of Attorney for Sandeep Dube	07/24/2025
	** 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 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

How many SFNC shares did director Jerry Hunter buy?

He purchased 1,000 common shares on 07/23/2025.

What price did Jerry Hunter pay for SFNC stock?

The shares were acquired at $18.50 per share.

What is Jerry Hunter’s total SFNC ownership after the purchase?

His direct holdings increased to 23,318 shares.

What does transaction code "P" signify on SFNC’s Form 4?

Code P denotes an open-market or other purchase of the issuer’s equity securities.

Were any derivative securities involved in this Form 4 filing?

No. No derivative transactions were reported.