Peres Tamir 4
Research Summary
AI-generated summary
Herc Holdings (HRI) SVP Peres Tamir Sells Shares for Taxes
What Happened
- Peres Tamir, SVP & Chief Information Officer of Herc Holdings (HRI), had a total of 468 shares withheld to cover taxes related to vested restricted stock units (RSUs). The transactions are reported as dispositions (tax withholding), not open-market sales.
- Breakdown: 253 shares withheld on 2026-02-06 at $180.31 each (reported value $45,618) and 215 shares withheld on 2026-02-07 at $180.31 each (reported value $38,767). Combined value ≈ $84,385.
Key Details
- Transaction dates and prices: 2026-02-06 — 253 shares @ $180.31; 2026-02-07 — 215 shares @ $180.31.
- Total shares withheld/disposed: 468; total reported value ≈ $84,385.
- Footnote: F1 — shares were withheld for taxes upon vesting of previously granted restricted stock units (i.e., tax withholding).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing: Form 4 filed 2026-02-10; no indication in the provided data that the report was late.
Context
- These transactions are tax-withholding dispositions tied to RSU vesting (code F). That typically means shares were retained/cancelled to satisfy tax obligations rather than sold on the open market, so it is generally considered routine and not a clear signal of insider sentiment.
- For retail investors, purchases are usually more informative than routine withholding or estate/gift transactions. This filing documents standard tax-related withholding following equity vesting.