Cunningham Christian J 4

What Happened

• Christian J. Cunningham, SVP & Chief HR Officer of Herc Holdings (HRI), had shares withheld to cover taxes when previously granted restricted stock units (RSUs) vested. On Feb 6, 2026, 237 shares were withheld at $180.31 each (value $42,733). On Feb 7, 2026, 201 shares were withheld at $180.31 each (value $36,242). Combined, 438 shares were withheld, total value about $78,975.
• This is a tax-withholding disposition (code F), a routine administrative action tied to RSU vesting rather than an open-market sale or purchase.

Key Details

• Transaction dates & prices: Feb 6, 2026 — 237 shares @ $180.31 ($42,733); Feb 7, 2026 — 201 shares @ $180.31 ($36,242).
• Total shares withheld: 438; total value ≈ $78,975.
• Shares owned after transaction: Not specified in the provided summary — see the Form 4 filing for Cunningham’s post-transaction beneficial ownership.
• Footnote: F1 — shares withheld for taxes upon vesting of previously granted restricted stock units.
• Filing date/timeliness: Form filed Feb 10, 2026 covering Feb 6–7 transactions. That is 3–4 days after the transactions and may be later than the SEC’s usual 2-business-day Form 4 deadline.

Context

• Tax-withholding on vested RSUs is common: the company retains (or “withholds”) shares to satisfy the insider’s tax obligation. This is not a market sale that necessarily signals the insider’s view on the stock.
• For investors, withholdings are administrative and generally less informative than open-market purchases, which can be a stronger bullish signal.