HOLLEY JEAN K 4

What Happened Jean K. Holley, a director of Herc Holdings Inc. (HRI), was granted 1,035 phantom shares (derivative award) on May 14, 2026. The award was reported on a Form 4 filed May 18, 2026. The reported acquisition price is $0.00 (no cash paid); these phantom shares are the economic equivalent of common stock rather than immediate common-share ownership.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18.
• Transaction type/code: Award/Grant (A) of phantom stock.
• Shares/units granted: 1,035; reported price: $0.00 (derivative).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes from filing:
  • F1: Each phantom share equals the economic equivalent of one common share.
  • F2: Phantom stock will be distributed in common shares when the reporting director leaves the board on or after the issuer’s 2027 annual meeting (or earlier upon a change of control).
  • F3: The reported phantom shares include previously reported phantom stock with different distribution conditions.
• No late-filing indicator provided in the summary data.

Context Phantom stock is a deferred-compensation vehicle: it tracks the value of common shares but does not represent current voting or marketable shares until distribution conditions are met. Director awards like this are typically part of routine compensation and do not reflect an immediate purchase or sale signal. The award will convert to actual shares only if/when the specified distribution conditions occur (departure after the 2027 annual meeting or a qualifying change of control).