Form 4: Herc Holdings SVP Cunningham Reports Stock Disposals for Tax Obligations

Christian J Cunningham, SVP & Chief HR Officer of Herc Holdings, reports the disposal of common stock to cover tax obligations upon vesting of restricted stock units.

Summary

• Christian J Cunningham, a Senior Vice President and Chief HR Officer at Herc Holdings Inc. (HRI), reported changes in beneficial ownership of the company's common stock.
• On February 6, 2025, 244 shares were disposed of to cover tax obligations at a price of $209.39 per share.
• On February 7, 2025, 208 shares were disposed of to cover tax obligations at a price of $205 per share.
• On February 8, 2025, 139 shares were disposed of to cover tax obligations at a price of $205 per share.
• Following these transactions, Cunningham directly owns 50,400 shares of Herc Holdings Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a change in the company's fundamentals.

Key Dates

Keywords

Form 4, Beneficial Ownership, Herc Holdings, HRI, Cunningham, Stock Disposal, Tax Obligations, Restricted Stock Units