Luis Francisco Machado, SVP and Chief Legal Officer of Herc Holdings Inc., filed a Form 4 on November 3, 2026, disclosing the award of 11,895 Restricted Stock Units on November 2, 2026.

Key Highlights

  • Reporting person: Luis Francisco Machado, SVP and Chief Legal Officer of Herc Holdings Inc.
  • Transaction: Acquisition of 11,895 Restricted Stock Units (RSUs) on November 2, 2026, at a price of $0.
  • Vesting schedule: The RSUs vest in full on the third anniversary of the grant date, November 2, 2029, subject to continued service and the terms of the applicable RSU agreement.
  • Beneficial ownership following the transaction: 11,895 shares of common stock, held directly.
  • Nature of award: Each RSU represents a contingent right to receive one share of the issuer's common stock on the applicable vesting date.

RSU Grant Details for Herc Holdings Chief Legal Officer Machado

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Luis Francisco Machado, identified as SVP and Chief Legal Officer of Herc Holdings Inc. (NYSE:HRI), reported the acquisition of 11,895 RSUs on November 2, 2026. The transaction code is listed as "A" (acquisition), and the price is recorded as $0, consistent with an equity award rather than an open-market purchase.

The filing states that each RSU "represents a contingent right to receive one share of the Issuer's common stock on the applicable vesting date." According to the filing's explanation of responses, "The RSUs will vest in full on the third anniversary of the grant date, November 2, 2029, subject to the Reporting Person's continued service to the Issuer through such date and the terms and conditions of the applicable RSU agreement." No derivative securities were reported in Table II of the filing.

Following the reported transaction, Machado's total beneficial ownership of Herc Holdings common stock is listed as 11,895 shares, held directly. The filing was signed by Luis Machado and dated November 3, 2026, the same date it was submitted to the SEC.

What Was Disclosed

Herc Holdings SVP and Chief Legal Officer Luis Francisco Machado disclosed the receipt of 11,895 RSUs on November 2, 2026, at no cost, with full vesting scheduled for November 2, 2029, contingent on continued service to the company.