BLAKE FRANCIS S 4
4 · HERTZ GLOBAL HOLDINGS, INC · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Hertz (HTZ) Director Blake Francis Receives Award of 31,877 Shares
What Happened Blake Francis S, a director of Hertz Global Holdings, was granted 31,877 restricted stock units (RSUs) on May 28, 2026. The Form 4 reports the acquisition price as $0 (an equity portion of the annual retainer rather than an open-market purchase). This is an award/compensation grant, not a cash purchase or sale.
Key Details
- Transaction date: 2026-05-28; Form 4 filed 2026-05-29.
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 31,877 RSUs; reported acquisition price: $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The RSUs represent the equity portion of the annual retainer and vest in full on the earlier of (a) the business day immediately before the company's next annual shareholders' meeting, or (b) the director's departure from the board for any reason other than termination for cause. The RSUs are subject to a deferral election and will settle within 30 days after the director ceases to serve.
- Filing timeliness: Reported the day after the grant (no late filing indicated).
Context This was a standard director compensation award (RSUs) rather than a market transaction; such grants are routine and intended as compensation for board service. Because the RSUs vest later and may be deferred, this filing does not reflect an immediate cash inflow or a signal of an immediate buy/sell decision.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-28+31,877→ 120,611 total
Footnotes (1)
- [F1]Represents the equity portion of the annual retainer granted to the reporting person on May 28, 2026, which vests in full on the earlier of the business day immediately preceding the date of the Company's next annual stockholder's meeting, or the date of such director's departure from the Board for any reason other than a termination for cause (if earlier). The restricted stock units are subject to deferral election and will settle within 30 days following the date on which the reporting person ceases to serve as a director.