HERTZ GLOBAL HOLDINGS, INC·4

May 29, 4:33 PM ET

Clark Dougherty Lucy 4

Research Summary

AI-generated summary

Updated

Hertz (HTZ) Director Clark Dougherty Lucy Receives Award

What Happened
Clark Dougherty Lucy, a director of Hertz Global Holdings, was granted 31,877 restricted stock units (RSUs) on May 28, 2026. The grant is reported at an acquisition price of $0.00 (typical for equity awards); no cash purchase or sale occurred.

Key Details

  • Transaction date: May 28, 2026; Form 4 filed May 29, 2026 (next-business-day filing).
  • Grant: 31,877 RSUs; reported acquisition price $0.00.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: Grant represents the equity portion of the annual director retainer. Vests in full on the earlier of the business day before the company’s next annual stockholder meeting or the director’s departure (other than termination for cause). RSUs are subject to a deferral election and will settle within 30 days after the director ceases to serve.

Context
This was an equity award (compensation), not an open-market purchase or sale. Such grants are routine for board compensation and do not by themselves indicate the director’s view of the company’s near-term stock prospects. The filing appears timely (filed the day after the grant).