INTRIERI VINCENT J 4
Research Summary
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Hertz (HTZ) Director Vincent J. Intrieri Receives Award of 31,877 RSUs
What Happened Vincent J. Intrieri, a director of Hertz Global Holdings, was granted 31,877 restricted stock units (RSUs) on May 28, 2026. The grant shows an acquisition price of $0 (typical for equity awards); the filing lists this as an "A" (award/grant) transaction. This is an equity retainer rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-28; filing date: 2026-05-29 (timely filing).
- Award: 31,877 RSUs; grant price reported as $0.00; total reported cash value $0.
- Vesting: Vests in full on the earlier of the business day immediately preceding the Company’s next annual stockholders’ meeting, or the director’s departure from the Board for any reason other than termination for cause (if earlier).
- Settlement/deferral: The RSUs are subject to a deferral election and will settle within 30 days after the reporting person ceases to serve as a director.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context This grant represents the equity portion of the director’s annual retainer and is a common form of non‑cash compensation for board service. Awards like RSUs do not require an immediate cash outlay by the director and are not the same as an open‑market purchase (which some investors view as a stronger bullish signal). The filing contains no indication of a sale, exercise, or 10b5‑1 plan.