Form 4: Hertz Executive Disposes of Shares for Tax Obligations Ahead of RSU Vesting

Hertz Global Holdings, Inc. Executive Vice President, General Counsel, and Secretary Katherine Lee Martin reported the disposition of 22,546 shares of common stock to satisfy future tax withholding obligations related to restricted stock unit vesting.

Summary

• Katherine Lee Martin, Executive Vice President, General Counsel, and Secretary of Hertz Global Holdings, Inc. (HTZ), reported a transaction involving the company's common stock.
• On July 8, 2025, 22,546 shares of Hertz common stock were disposed of at a price of $7.06 per share.
• This disposition was made to satisfy tax withholding obligations associated with the future vesting of restricted stock units that were originally granted on July 8, 2024.
• Following this transaction, Katherine Lee Martin beneficially owns 833,254 shares of Hertz common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax obligations upon RSU vesting, which is a neutral event and does not indicate positive or negative sentiment about the company's performance or outlook.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine transaction for tax purposes related to executive compensation.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Hertz Global Holdings, HTZ, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Executive Compensation, Katherine Lee Martin