Herc Holdings Inc. Announces Special Retention Equity Awards for COO Aaron D. Birnbaum, Valued at $1 Million

Reuters

05-17

<a href="https://laohu8.com/S/HRI">Herc Holdings Inc.</a> Announces Special Retention Equity Awards for COO Aaron D. Birnbaum, Valued at $1 Million

Herc Holdings Inc. announced a new compensation plan for its Chief Operating Officer, Aaron D. Birnbaum, as disclosed in a recent Form 8-K filing. On May 15, 2025, the company's Compensation Committee granted special retention equity awards valued at $1 million. The awards comprise 50% restricted stock units (RSUs) and 50% performance stock units (PSUs). The RSUs are set to fully vest on the third anniversary of the grant date. Meanwhile, the PSUs will vest on December 31, 2027, contingent upon meeting specific performance criteria. These criteria include Average Return on Invested Capital $(ROIC)$ and Average REBITDA margin, weighted at 40% and 60%, respectively. The terms align with the company's standard award agreements previously filed with the Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Herc Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001364479-25-000030), on May 16, 2025, and is solely responsible for the information contained therein.

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Announces Special Retention Equity Awards for COO Aaron D. Birnbaum, Valued at $1 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-17 04:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/HRI\">Herc Holdings Inc.</a> Announces Special Retention Equity Awards for COO Aaron D. Birnbaum, Valued at $1 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Herc Holdings Inc. announced a new compensation plan for its Chief Operating Officer, Aaron D. Birnbaum, as disclosed in a recent Form 8-K filing. On May 15, 2025, the company's Compensation Committee granted special retention equity awards valued at $1 million. The awards comprise 50% restricted stock units (RSUs) and 50% performance stock units (PSUs). The RSUs are set to fully vest on the third anniversary of the grant date. Meanwhile, the PSUs will vest on December 31, 2027, contingent upon meeting specific performance criteria. These criteria include Average Return on Invested Capital <a href=\"https://laohu8.com/S/ROIC\">$(ROIC)$</a> and Average REBITDA margin, weighted at 40% and 60%, respectively. The terms align with the company's standard award agreements previously filed with the Securities and Exchange Commission.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Herc Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001364479-25-000030), on May 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4104","symbol_name":"贸易公司与经销商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250516:nNDL9Q5kF1:1","article_id":"2536385340","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536385340","pubTimestamp":1747425784,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Herc Holdings Inc. announced a new compensation plan for its Chief Operating Officer, Aaron D. 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