Schumacher Mark Alan 4

What Happened

• Mark Alan Schumacher, VP & Chief Accounting Officer of HERC HOLDINGS INC (HRI), had restricted stock units vested and 114 shares withheld to cover tax obligations.
• On 2026-02-06, 76 shares were withheld at $180.31 each (≈ $13,704). On 2026-02-07, 38 shares were withheld at $180.31 each (≈ $6,852). Combined value of shares withheld is ≈ $20,556.
• This was a tax-withholding disposition of vested RSUs (routine administrative action), not an open-market sale signaling a change in investment view.

Key Details

• Transaction dates and prices: 2026-02-06 — 76 shares @ $180.31; 2026-02-07 — 38 shares @ $180.31.
• Total shares withheld: 114; total value ≈ $20,556.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — shares withheld for taxes upon vesting of previously granted restricted stock units. Transaction code F = tax withholding.
• Filing: Report filed 2026-02-10 (appears to be within the typical two-business-day Form 4 reporting window).

Context

• Withholding shares to cover taxes when RSUs vest is a common administrative action and does not necessarily reflect the insider buying or selling in the market. It reduces the number of shares the insider holds but is not the same as a market sale.
• For retail investors, purchases (open-market buys) are generally more informative about insider sentiment than routine withholdings like this.