Peres Tamir 4

What Happened

• Peres Tamir, SVP & Chief Information Officer of Herc Holdings (HRI), was granted a mix of restricted stock units (RSUs) and performance stock units (PSUs) on 2026-02-03 totaling 8,861 units (4,220; 2,306; 2,335). These were reported as acquisitions (code A).
• To satisfy tax withholding obligations on vesting, 1,145 shares were disposed (code F): 887 shares and 258 shares were withheld at a reported price of $154.03 per share, totaling $136,625 and $39,740 respectively (combined ~ $176,365).
• These transactions reflect awards and tax withholding—not an open-market purchase or a directed sale to a third party.

Key Details

• Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (filed within the normal reporting window).
• Prices reported for withheld shares: $154.03 per share; total proceeds/withholding value ≈ $176,365.
• Shares acquired (awards): 8,861 RSUs/PSUs (three separate award lines).
• Shares disposed (tax withholding): 1,145 shares.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes (summary): F1 = RSUs that vest one-third each year Feb 3 of 2027–2029; F2 = PSUs earned but not yet vested (some vesting in Feb 2027 and Feb 2028); F3–F5 = clarifications on PSUs/RSUs issuance and tax withholding.
• Transaction codes: A = Award/Grant (acquisition of units); F = shares withheld/disposed to pay tax liability.

Context

• PSUs are performance-based and vest based on multi-year performance periods; some of the reported PSUs will vest/convert into shares in Feb 2027 and Feb 2028 per the footnotes.
• The disposals here are routine tax-withholding actions on vesting (i.e., shares retained/removed to cover taxes), not necessarily an indication of selling for investment reasons.
• No 10% owner or 10b5-1 plan was indicated in the provided details.