Schumacher Mark Alan 4

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.