Hertz Global Holdings, INC
Market Movers (8-K)
NASDAQ
Hertz Global Holdings, Inc. has adjusted the exercise price and share entitlement for its public warrants following the issuance of new Exchangeable Senior First-Lien Secured PIK Notes.
Capital raise
NASDAQ
Hertz Global Holdings, Inc. announced the pricing of its $350 million offering of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030, with an additional $50 million option for initial purchasers.
Capital raise
NASDAQ
Hertz Global Holdings has priced an upsized $350 million offering of exchangeable senior notes alongside a concurrent 37 million share common stock offering.
Capital raise
NASDAQ
Hertz Global Holdings plans to raise $300 million through exchangeable senior notes and $100 million via a concurrent common stock lending offering.
Capital raise
NASDAQ
Hertz expects Q2 2026 revenue and fleet metrics to meet or exceed expectations, though used car market softness will pressure net depreciation per unit.
NASDAQ
Hertz Global Holdings, through its subsidiary HVF III, has successfully issued $1 billion in asset-backed notes to finance its U.S. rental car fleet.
Capital raise
Quarterly Earnings (10-Q)
NASDAQ
Hertz reported a net loss of $333 million for the first quarter of 2026, driven by seasonal demand patterns and ongoing operational restructuring.
Capital raise
NASDAQ
Hertz Global Holdings reports a significant swing to net income in Q3 2025, driven by reduced vehicle depreciation and a substantial legal settlement, despite a decline in overall revenues.
Better than expected
Capital raise
NASDAQ
Hertz Global Holdings reported significantly reduced net losses and improved Adjusted Corporate EBITDA for Q2 and H1 2025, driven by lower vehicle depreciation, despite a decline in overall revenues and increased non-vehicle interest expense.
Capital raise
Better than expected
NASDAQ
Hertz Global Holdings reports a decrease in revenue for Q1 2025, driven by lower volume and pricing, as the company navigates a fleet transition and manages vehicle-related expenses.
Worse than expected
NASDAQ
Hertz Global Holdings reported a net loss of $1.332 billion for the third quarter of 2024, primarily due to a significant impairment of long-lived assets.
Worse than expected
NASDAQ
Hertz Global Holdings and The Hertz Corporation filed an amendment to their quarterly report to correct a missing CFO signature, with no changes to the financial data.
Annual Reports (10-K)
NASDAQ
Hertz Global Holdings, Inc. reported a significantly reduced net loss and improved Adjusted Corporate EBITDA in 2025, driven by fleet management and revenue optimization efforts, despite a decline in overall revenues.
Better than expected
Capital raise
NASDAQ
10-K: Hertz Global Holdings Reports Significant Loss for 2024 Amid Fleet Rotation and EV Strategy Shift
Hertz Global Holdings reports a substantial net loss for 2024, driven by accelerated fleet rotation, EV depreciation, and long-lived asset impairments.
Worse than expected
NASDAQ
Hertz Vehicle Financing III LLC has amended and restated multiple series supplements to its base indenture, primarily to facilitate the transfer and resale of Class D notes outside the United States.
Insider Trading (Form 4)
NASDAQ
Sandeep Dube, EVP, Chief Commercial Officer of Hertz Global Holdings, Inc, reported a transaction in 166,545 shares of common stock on July 22, 2026.
NASDAQ
Hertz Global Holdings, Inc. director Evangeline Vougessis acquired 5,519 shares through a phantom stock award valued at $2.27 per share, issued in lieu of cash compensation.
NASDAQ
Hertz Global Holdings, Inc. director Francis S. Blake received a phantom stock award valued at $2.27 per share, totaling 5,519 shares, as a substitute for a portion of his quarterly retainer.
NASDAQ
Hertz Global Holdings CFO Scott Haralson reported a transaction involving the sale of 149,961 shares of common stock to cover tax obligations related to vested restricted stock units.
NASDAQ
Michael S. Moore, EVP and Chief Operating Officer of Hertz Global Holdings, Inc., reported a transaction involving the withholding of shares to cover tax obligations.
NASDAQ
Director Evangeline Vougessis acquired 31,877 shares of Hertz Global Holdings as part of her annual equity retainer for board service.
Proxy Statements (Def-14A)
NASDAQ
Hertz Global Holdings, Inc. outlines its 2026 Annual Meeting agenda, highlighting progress in its 'Back-to-Basics' strategy and executive compensation structure.
NASDAQ
Hertz Global Holdings will hold its annual stockholder meeting on May 21, 2025, featuring proposals including the election of directors, ratification of Ernst & Young LLP as the independent auditor, and an advisory vote on executive compensation.
NASDAQ
Hertz Global Holdings invites stockholders to its 2025 Annual Meeting, highlighting a focus on stabilizing the business through a 'Back-To-Basics' roadmap after a challenging 2024.
Worse than expected
NASDAQ
Hertz Global Holdings, Inc. announces its 2024 Annual Meeting of Stockholders to be held virtually on May 22, 2024, with key proposals including the election of directors, ratification of the appointment of Ernst & Young LLP, and advisory approval of executive compensation.
NASDAQ
Hertz Global Holdings will hold its 2024 annual meeting of stockholders virtually on May 22, 2024, to vote on director elections, auditor ratification, and executive compensation.
Worse than expected
Schedule 13D - Activist Investments
NASDAQ
An amendment to Schedule 13D reveals that a group of investors continues to beneficially own 58.1% of Hertz Global Holdings, Inc. common stock.
NASDAQ
SCHEDULE 13D/A: Major Hertz Shareholder Enters Voting Agreement, Ceding Discretionary Control Over Majority Stake
CK Amarillo LP and its affiliates, holding 59.1% of Hertz Global Holdings, Inc. common stock, have entered into a new voting agreement to proportionally vote shares exceeding a 45% ownership threshold.
Schedule 13G - Passive Investments
NASDAQ
Jane Street Group, LLC, along with its affiliates Jane Street Capital, LLC and Jane Street Global Trading, LLC, has reported beneficial ownership of 5.0% of Hertz Global Holdings, Inc. common stock.
NASDAQ
SCHEDULE: TD Securities Discloses Hertz Stake
TD Securities (USA) LLC, along with affiliated entities, has reported beneficial ownership of 8.1% of Hertz Global Holdings Inc. common stock, primarily through warrants.
NASDAQ
TD Securities (USA) LLC has disclosed a 6.9% beneficial ownership stake in Hertz Global Holdings Inc., primarily through warrants.