Olin John A 4
4 · HERC HOLDINGS INC · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
HERC Holdings (HRI) Director John A. Olin Receives 1,035 RSUs
What Happened
John A. Olin, a director of HERC Holdings Inc. (HRI), was granted 1,035 restricted stock units (RSUs) on May 14, 2026. The grant was recorded as an award/acquisition at $0.00 per share (a standard equity award, not a cash purchase). These RSUs are compensation and will convert into one share each upon vesting.
Key Details
- Transaction date: 2026-05-14 (Form filed 2026-05-18; filing is timely—within required two business days).
- Award type/code: A (grant/award/acquisition) — 1,035 RSUs @ $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The 1,035 RSUs vest on the date of HERC’s 2027 annual meeting of stockholders and are contingent on Olin’s continued service as a board member through the vesting date.
- No sale, purchase for cash, exercise, or tax-withholding sale reported with this grant.
Context
RSU grants are routine director compensation and do not represent an open-market purchase (which many investors view as a stronger bullish signal). The award establishes future ownership if the director remains in service through the vesting date; it does not immediately change market float until shares are delivered.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-14+1,035→ 4,355 total
Footnotes (1)
- [F1]Award of 1,035 restricted stock units, each of which represents the right to receive one share of the Issuer's common stock on the vesting date, which is on the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued membership on the Issuer's Board of Directors through the vesting date.