SCHEDULE: Coliseum Capital Management Discloses Herc Holdings Stake

Coliseum Capital Management, LLC and affiliated entities have filed a Schedule 13G, reporting beneficial ownership of 3.3% of Herc Holdings Inc. common stock.

Summary

• Coliseum Capital Management, LLC, along with Coliseum Capital, LLC, Coliseum Capital Partners, L.P., Coliseum Capital Co-Invest IV, L.P., Adam Gray, and Christopher Shackelton (collectively, the 'Reporting Persons'), have filed an amended Schedule 13G.
• This filing indicates their beneficial ownership of Herc Holdings Inc. common stock.
• The total aggregate amount beneficially owned by the Reporting Persons is 1,177,122 shares, representing 3.3% of the class.
• This percentage is calculated based on 33,431,444 shares of Common Stock issued and outstanding as of July 24, 2026, as reported in Herc Holdings Inc.'s Form 10-Q filed on July 28, 2026.
• The filing specifies shared voting and dispositive power for all reporting persons, with no sole voting or dispositive power reported.
• Coliseum Capital Management, LLC acts as the investment adviser to Coliseum Capital Partners, L.P. and Coliseum Capital Co-Invest IV, L.P.
• Coliseum Capital, LLC is the General Partner of Coliseum Capital Partners, L.P. and Coliseum Capital Co-Invest IV, L.P.
• Adam Gray and Christopher Shackelton are the managers of Coliseum Capital, LLC and Coliseum Capital Management, LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine Schedule 13G filing indicating a change in beneficial ownership without explicit commentary on strategy or performance.

Positives

• The filing clearly outlines the beneficial ownership of Herc Holdings Inc. common stock by Coliseum Capital Management and its affiliates.
• The reporting persons collectively hold 3.3% of the outstanding shares, indicating a significant but not controlling stake.

Negatives

• The filing does not provide any specific financial performance data or strategic commentary from the reporting persons.
• The nature of the filing (Schedule 13G) suggests a passive investment approach rather than active engagement in company management.

Risks

• The filing does not explicitly mention any risks associated with the investment or the company's operations.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in publicly traded companies. This filing indicates Coliseum Capital Management's interest in Herc Holdings Inc., a player in the equipment rental industry.

Stakeholder Impact

• Shareholders may note the increased stake by Coliseum Capital Management, potentially influencing market perception.
• The filing does not indicate any immediate impact on employees, customers, or suppliers.

Next Steps

• The reporting persons will continue to monitor the issuer's performance and strategic direction.

Key Dates

Keywords

Herc Holdings Inc., Coliseum Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing