Silber Lawrence Harris 4

What Happened

• Lawrence Silber, Chief Executive Officer of Herc Holdings (HRI), had a total of 2,364 shares withheld to cover tax liabilities when previously granted restricted stock units (RSUs) vested. The withheld shares were recorded as disposals at $180.31 per share for aggregate proceeds of about $426,253 ($239,632 on 2026-02-06 and $186,621 on 2026-02-07). This is a tax-withholding event (routine) rather than an open-market sale or new purchase.

Key Details

• Transaction dates and prices:
  • 2026-02-06: 1,329 shares withheld @ $180.31 — $239,632
  • 2026-02-07: 1,035 shares withheld @ $180.31 — $186,621
• Total shares withheld: 2,364; total value ≈ $426,253.
• Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs (footnote F1).
• Filing: Form 4 filed with the SEC on 2026-02-10 (reporting period begins 2026-02-06). No late-filing flag was provided in the data shown.
• Shares owned after the transaction: not specified in the provided filing extract.

Context

• This was not an informed "sell" or market transaction but a routine tax-withholding event tied to RSU vesting (sometimes called a cashless or net settlement). Such withholding is common and does not necessarily indicate the insider’s view on the company’s outlook.