Sheek Samuel Wade 4

What Happened

• Sheek Samuel Wade, SVP & Chief Legal Officer of HERC HOLDINGS INC (HRI), had a total of 405 shares withheld to satisfy tax obligations upon the vesting of previously granted restricted stock units (RSUs). The withholding occurred in two transactions: 236 shares on 2026-02-06 and 169 shares on 2026-02-07, each at an effective price of $180.31, totaling about $73,025 in value.
• This was a routine tax-withholding disposal (transaction code F), not an open-market sale or a new purchase.

Key Details

• Transaction dates and prices:
  • 2026-02-06: 236 shares withheld @ $180.31 → $42,553 (approx.)
  • 2026-02-07: 169 shares withheld @ $180.31 → $30,472 (approx.)
• Total shares withheld: 405 shares; total value ≈ $73,025.
• Shares owned after the transactions: not specified in the provided filing.
• Footnote: F1 — Shares were withheld for taxes upon vesting of previously granted restricted stock units.
• Filing timeliness: Report filed 2026-02-10; appears timely (within the SEC’s two business-day Form 4 filing window).

Context

• Withholding shares to cover taxes on RSU vesting is a common administrative action and does not necessarily indicate insider sentiment about the company. These transactions (code F) are disposals made to satisfy tax obligations rather than discretionary sales.