BLAKE FRANCIS S 4

What Happened
Blake Francis, a director of Hertz Global Holdings, received a grant of 5,519 phantom shares on June 30, 2026. The award is recorded at $2.27 per share for a total value of $12,528. This was an award (compensation) issued in lieu of one-half of his quarterly cash retainer and represents vested phantom stock rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-30 at $2.27 per share; total value $12,528.
• Transaction type: Award/Grant (Code A) — phantom stock, not a cash purchase.
• Shares owned after transaction: Not stated in the filing.
• Footnote: The phantom shares were issued in lieu of one-half of the Q2 2026 cash retainer, vested immediately, and will be settled promptly after the reporting person ceases to serve as a director.
• Filing timeliness: Reported on 2026-07-01 for a 2026-06-30 transaction (filed timely).

Context
Phantom stock awards are a form of compensation that give the recipient a contractual right to receive stock (or cash equivalent) later; they do not represent immediately tradable shares. Such awards are routine director compensation and do not, by themselves, indicate the director buying or selling stock in the open market.