---
schema_version: "secwatch.filing_event.v1"
accession: "0001364479-23-000012"
form_type: "8-K"
ticker: "HRI"
cik: "0001364479"
company_name: "HERC HOLDINGS INC"
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:18:53.160687+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Herc Holdings directors Miller and Gary resign after Icahn Group holdings drop below threshold

## Summary
- Steven D. Miller and Hunter C. Gary resigned from the Board on March 14, 2023, effective immediately.
- Resignations triggered by Icahn Group's Net Long Position falling below 1,520,000 and 1,266,667 shares, respectively.
- With their resignations, the Nomination and Standstill Agreement between Herc and the Icahn Group is terminated.
- No replacement directors named; the Board size will be reduced accordingly.

## SEC filing metadata
- accession: 0001364479-23-000012
- form_type: 8-K
- ticker: HRI
- cik: 0001364479
- company_name: HERC HOLDINGS INC
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364479/000136447923000012/0001364479-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364479/000136447923000012/hri-20230314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364479-23-000012
- JSON: https://secwatch.observer/filing/0001364479-23-000012.json
- Plain text: https://secwatch.observer/filing/0001364479-23-000012.txt

## Key facts
- Executive change
  Steven D. Miller resigned as Director at HERC HOLDINGS INC.
  - Action: resigned
  - Role: Director
  source text: On March 14, 2023, Mr. Steven D. Miller and Mr. Hunter C. Gary resigned as members of the Board of Directors (the “Board”) of Herc Holdings Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364479/000136447923000012/0001364479-23-000012-index.htm
- Executive change
  Hunter C. Gary resigned as Director at HERC HOLDINGS INC.
  - Action: resigned
  - Role: Director
  source text: On March 14, 2023, Mr. Steven D. Miller and Mr. Hunter C. Gary resigned as members of the Board of Directors (the “Board”) of Herc Holdings Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364479/000136447923000012/0001364479-23-000012-index.htm

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