Schumacher Mark Alan 4
4 · HERC HOLDINGS INC · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Herc Holdings (HRI) VP Mark Schumacher Receives RSU/PSU Awards
What Happened
- Mark Alan Schumacher, Vice President and Chief Accounting Officer of Herc Holdings (HRI), was issued a total of 3,030 shares on Feb 3, 2026 through awards (RSUs/PSUs) reported as acquisitions at $0.00 per share. To cover tax withholding upon vesting, 391 shares were surrendered (disposed) at a reported value of $154.03 per share, totaling $60,225.
Key Details
- Transaction date: 2026-02-03; Filing date: 2026-02-05 (filed within the typical two-business-day window).
- Award entries (code A): 1,624; 642; 417; and 347 shares reported as acquired at $0.00 (RSUs/PSUs).
- Withholding entries (code F): 174, 145 and 72 shares disposed at $154.03 each to satisfy tax liabilities (total withheld value $60,225).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes:
- F1: RSUs — each converts to one share; one-third vests Feb 3 of 2027, 2028 and 2029.
- F2: PSUs earned but not yet vested — portions vest/convert at end of 3‑year performance periods (e.g., Feb 2027 and Feb 2028 for specified tranches).
- F3: Shares issued for PSUs with completed performance periods.
- F4/F5: Shares withheld to satisfy tax withholding for vested PSUs/RSUs.
Context
- These were award grants and vesting-related issuances (not open-market purchases or sales). The disposed shares reflect standard tax withholding (a cashless withholding mechanism) rather than a voluntary sale for diversification or liquidity.
- Awards like RSUs and PSUs are common forms of executive compensation and do not, by themselves, indicate the insider’s view of the stock.
Insider Transaction Report
Form 4
Schumacher Mark Alan
VP & Chief Accounting Officer
Transactions
- Award
Common Stock
[F1]2026-02-03+1,624→ 5,568 total - Award
Common Stock
[F2]2026-02-03+642→ 6,210 total - Award
Common Stock
[F3]2026-02-03+417→ 6,627 total - Award
Common Stock
[F3]2026-02-03+347→ 6,974 total - Tax Payment
Common Stock
[F4]2026-02-03$154.03/sh−174$26,801→ 6,800 total - Tax Payment
Common Stock
[F4]2026-02-03$154.03/sh−145$22,334→ 6,655 total - Tax Payment
Common Stock
[F5]2026-02-03$154.03/sh−72$11,090→ 6,583 total
Footnotes (5)
- [F1]Award of restricted stock units ("RSUs"), each of which represents the right to receive one share of the Issuer's common stock on the applicable vesting date (one-third of the RSUs will vest on February 3 of each of 2027, 2028 and 2029), subject to the terms and conditions of the applicable RSU agreement.
- [F2]Represents performance stock units ("PSUs") earned, but not vested, pursuant to outstanding performance stock unit awards granted under the 2018 Herc Holdings Omnibus Plan. The number of PSUs earned was determined based on the achievement of the performance metrics established by the Compensation Committee for the applicable annual measurement period. The earned PSUs will vest and convert into shares of common stock at the end of the applicable 3-year performance period, which is February 2027 for 388 shares and February 2028 for 254 shares.
- [F3]Shares issued related to performance stock units for which the three-year performance period has ended and performance has been certified.
- [F4]Shares withheld for taxes upon vesting of performance stock units, for which performance was previously certified.
- [F5]Shares withheld for taxes upon vesting of previously granted restricted stock units.
Signature
/s/ S. Wade Sheek by Power of Attorney|2026-02-05