---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-011085"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2026-07-23T20:03:48+00:00"
generated_at: "2026-07-23T20:05:09.495405+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Hertz adjusts warrant exercise price to $12.81 and share count to 1.0772 per warrant due to $380M note issuance

## Summary
- Issued $350M + $30M (total $380M) of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030.
- Anti-dilution adjustment: warrant exercise price reduced from $13.61 to $12.81.
- Shares per warrant increased from 1.0140 to 1.0772, effective concurrently with price change.
- Notes issued June 29, 2026; additional $30M settled July 10, 2026.

## SEC filing metadata
- accession: 0000950103-26-011085
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2026-07-23T20:03:48+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000095010326011085/0000950103-26-011085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000095010326011085/dp250548_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-011085
- JSON: https://secwatch.observer/filing/0000950103-26-011085.json
- Plain text: https://secwatch.observer/filing/0000950103-26-011085.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.