4Filed Aug 19, 8:00 PM ET
Herc Holdings (HRI) Director Erik Olsson Receives 639-Share Award
$HRI · HERC HOLDINGS INCResearch Summary
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Herc Holdings (HRI) Director Erik Olsson Receives 639-Share Award
What Happened
- Erik Olsson, a director of Herc Holdings, was granted 639 restricted stock units (RSUs) on August 18, 2026. The reported acquisition price is $0.00, so no cash was paid at grant (total reported value: $0).
- This is an award/compensation grant (not a market purchase or sale), so it reflects director compensation rather than an immediate buy/sell market signal.
Key Details
- Transaction date: 2026-08-18; Form 4 filed 2026-08-20 (timely filing).
- Grant: 639 RSUs @ $0.00 (each RSU represents the right to one share on vesting).
- Shares owned after transaction: not disclosed in this Form 4.
- Footnote: RSUs vest on the date of the Issuer's 2027 annual meeting of stockholders and are contingent on Olsson’s continued board membership through the vesting date.
Context
- RSUs are a form of equity compensation that convert to actual shares when they vest; they are not an immediate cash purchase or sale. The grant signals compensation alignment with shareholders but does not directly indicate the insider’s view of near-term share price.
- The eventual value to Olsson will depend on Herc Holdings’ stock price at vesting and any applicable tax withholdings at that time.