Form 4: Herc Holdings SVP Christian Cunningham Reports Stock Transactions
SEC Form 4 Filing
Christian Cunningham, SVP & Chief HR Officer of Herc Holdings, reports acquisition and disposal of common stock and restricted stock units.
Summary
- Christian Cunningham, SVP & Chief HR Officer of Herc Holdings, reported transactions involving the company's common stock.
- On February 3, 2025, Cunningham acquired 2,028 shares of common stock through restricted stock units (RSUs) and 1,410 shares related to performance stock units.
- Also on February 3, 2025, 558 shares were withheld for taxes upon the vesting of performance stock units at a price of $197.24.
- Following these transactions, Cunningham beneficially owns 50,991 shares of Herc Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The document outlines the vesting schedule for the awarded restricted stock units, with one-third vesting annually on February 3 of 2026, 2027, and 2028.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of earliest transaction: acquisition of stock through RSUs and performance stock units, and shares withheld for taxes. |
| 02/05/2025 | Date of signature on the report. |
| 2026, 2027 and 2028 | One-third of the RSUs will vest on February 3 of each of these years. |
Keywords
Herc Holdings, Christian Cunningham, Form 4, Stock Transactions, Beneficial Ownership, RSUs, Performance Stock Units, Vesting
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