Vougessis Evangeline 4
Research Summary
AI-generated summary
Hertz Director Evangeline Vougessis Receives 5,519-Share Award
What Happened Evangeline Vougessis, a director of Hertz Global Holdings (HTZ), was granted a phantom stock award on June 30, 2026 representing 5,519 shares. The award was recorded at $2.27 per share for a total value of $12,528. This was an award (not an open-market purchase or sale) issued in lieu of one-half of her quarterly cash retainer.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (appears timely).
- Type: Award/Grant (code A); 5,519 shares @ $2.27 = $12,528.
- Shares owned after transaction: not specified in this filing.
- Footnote: The shares are underlying a phantom stock award that was fully vested on June 30, 2026 and will be settled promptly after the reporting person ceases to serve as a director.
- No 10b5-1 plan, tax-withholding sale, or exercise/sale indicated.
Context Phantom stock awards are deferred-equity-style grants that give the recipient a right to receive value (or shares) later, often when service ends or on a settlement date. Because these shares will be settled after she leaves the board and were issued in lieu of part of a cash retainer, this filing is a routine compensation event rather than a direct market-buy signal.