other_material
confidence high
sentiment neutral
materiality 0.40
Herc Holdings grants $1M retention equity to COO Aaron Birnbaum
HERC HOLDINGS INC
- COO Aaron Birnbaum receives $1M in special retention equity: 50% RSUs, 50% PSUs.
- RSUs cliff vest on third anniversary; PSUs vest Dec 31, 2027 based on performance.
- PSU performance measures: Avg ROIC (40% weight) and Avg REBITDA margin (60% weight).
item 5.02