Birnbaum Aaron 4

What Happened

• Aaron Birnbaum, President of HERC Holdings Inc. (HRI), had a total of 711 shares withheld to cover taxes when previously granted restricted stock units (RSUs) vested. The withholding occurred in two transactions: 395 shares on 2026-02-06 and 316 shares on 2026-02-07, both at $180.31 per share, totaling about $128,200. This is a tax-withholding disposition of shares upon vesting—not an open-market sale or a purchase.

Key Details

• Transaction dates and prices:
  • 2026-02-06: 395 shares withheld at $180.31 — $71,222
  • 2026-02-07: 316 shares withheld at $180.31 — $56,978
• Total shares withheld: 711; total value ≈ $128,200.
• Shares owned after transaction: not specified in the summary provided (see the full Form 4 for total holdings).
• Footnote: F1 — shares were withheld for taxes upon vesting of previously granted RSUs.
• Filing: Form 4 filed 2026-02-10 reporting the 2026-02-06/07 transactions (no late-filing flag indicated in the provided information).

Context

• This type of transaction is routine tax withholding tied to RSU vesting. Although recorded as a disposition, it does not necessarily indicate a change in the insider’s market view because shares were surrendered to cover tax liabilities rather than sold on the open market.