secwatch / observer

HERC HOLDINGS INC — fact timeline

Source-grounded facts extracted from HERC HOLDINGS INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

HRI HERC HOLDINGS INC JSON
Shareholder Votes

HERC HOLDINGS INC shareholders approved Ratification of the Selection of Independent Public Accountants at the 2026-05-14 meeting.

“Ratification of the Selection of Independent Public Accountants. Stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2026, with the following vote: For Against Abstain Broker Non-Votes 31,950,347 77,724 8,113 0”
Shareholder Votes

HERC HOLDINGS INC shareholders approved Advisory Vote on Executive Compensation at the 2026-05-14 meeting.

“Advisory Vote on Executive Compensation. Stockholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers, with the following vote: For Against Abstain Broker Non-Votes 29,517,952 695,489 15,949 1,806,794”
Shareholder Votes

HERC HOLDINGS INC shareholders approved Election of Directors at the 2026-05-14 meeting.

“Election of Directors. The eight director nominees identified below were elected to serve for a one-year term expiring at the 2027 Annual Meeting of Stockholders. Voting results were as follows: For Against Abstain Broker Non-Votes Patrick D. Campbell 29,325,556 729,258 174,576 1,806,794”
Earnings Releases

HERC HOLDINGS INC reported first quarter ended March 31, 2026 results: revenue $1,139 million, net income Net loss of $24 million, EPS $0.72 loss per diluted share. Guidance reaffirmed.

“First Quarter 2026 Highlights – Equipment rental revenue of $981 million increased 33% – Total revenues of $1,139 million increased 32% – Net loss of $24 million, or $0.72 loss per diluted share, and adjusted net income of $7 million, or $0.21 per diluted share – Adjusted EBITDA of $448 million increased 33% with adjusted EBITDA margin flat at 39% – Free cash flow of $94 million nearly doubled compared to $49 million in the prior year”
Material Agreements

HERC HOLDINGS INC terminated 5.50% Senior Notes due 2027 valued at $1,200 million in aggregate principal amount (effective 2025-12-16).

“The net proceeds of the offering of the notes, together with certain other borrowings by the Company, were used to redeem all $1,200 million in aggregate principal amount of the Company’s outstanding 5.50% Senior Notes due 2027 (the “2027 Notes”) and to pay related fees and expenses.”
Material Agreements

HERC HOLDINGS INC entered into Indenture with Truist Bank, as trustee valued at $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 and $600 milli (effective 2025-12-16).

“On December 16, 2025, Herc Holdings Inc. (the “Company”) issued $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 (the “2031 notes”) and $600 million of 6.000% senior unsecured notes due 2034 (the “2034 notes” and, together with the 2031 notes, the “notes”), under an Indenture, dated as of December 16, 2025 (the “Indenture”), among the Company, the subsidiary guarantors party thereto and Truist Bank, as trustee (in such capacity, the “Trustee”).”
Debt Financings

HERC HOLDINGS INC incurred senior notes of $600 million of 6.000% senior unsecured notes due 2034 with Truist Bank at 6.000% per annum maturing March 15, 2034.

“On December 16, 2025, Herc Holdings Inc. (the “Company”) issued $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 (the “2031 notes”) and $600 million of 6.000% senior unsecured notes due 2034 (the “2034 notes””
Debt Financings

HERC HOLDINGS INC incurred senior notes of $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 with Truist Bank at 5.750% per annum maturing March 15, 2031.

“On December 16, 2025, Herc Holdings Inc. (the “Company”) issued $600 million aggregate principal amount of its 5.750% senior unsecured notes due 2031 (the “2031 notes”)”
Debt Financings

HERC HOLDINGS INC incurred revolving credit of up to $4,000 million with JPMorgan Chase Bank, N.A., as agent at Term SOFR plus 1.375% per annum or base rate plus 0.375% maturing June 2, 2030.

“2024, which are incorporated by reference herein. The New ABL Credit Facility provides (subject to availability under a borrowing base) for aggregate maximum borrowings of up to $4,000 million under a revolving loan facility, with commitments in a maximum aggregate principal amount of $3,600 million available to U.S. borrowers and $400 million available to Canadian”
M&A Transactions

HERC HOLDINGS INC completed an acquisition involving H&E Equipment Services, Inc. for $78.75 in cash and 0.1287 shares of the Company’s common stock (closed 2025-06-02).

“to acquire any and all of the issued and outstanding shares of H&E’s common stock, par value $0.01 per share (“H&E shares”), in exchange for, on a per-H&E share basis, (i) $78.75 in cash, without interest, less any applicable withholding of taxes (the “Cash Offer Price”), and (ii) 0.1287 shares of the Company’s common stock, par value $0.01 per share,”

John M. Engquist was appointed as Director at HERC HOLDINGS INC.

“On May 29, 2025, the Company expanded the size of its Board of Directors (the “Board”) from seven members to eight members and, under the terms of the Merger Agreement, appointed Mr. John M. Engquist (who previously served as a member on the H&E board of directors) to the Board.”
Earnings Releases

HERC HOLDINGS INC reported first quarter ended March 31, 2024 results: revenue $804 million, net income $65 million, EPS $2.29 per diluted share. Guidance reaffirmed.

“(EX-99.1) --- Herc Holdings Reports Strong First Quarter 2024 Results and Affirms 2024 Full Year Guidance First Quarter 2024 Highlights – Record first quarter total revenues of $804 million, an increase of 9% – Net income decreased 3% to $65 million, or $2.29 per diluted share – Adjusted EBITDA of $339 million increased 10%; adjusted EBITDA margin increased to 42.2%”
Earnings Releases

HERC HOLDINGS INC reported fourth quarter and full year ended December 31, 2023 results: revenue $831 million, net income $91 million, EPS $3.20 per diluted share. Guidance initiated.

“Herc Holdings Reports Strong Full Year 2023 Results and Announces 2024 Full Year Guidance Fourth Quarter 2023 Highlights – Record total revenues of $831 million, an increase of 6% – Net income decreased 7% to $91 million, or $3.20 per diluted share”
Earnings Releases

HERC HOLDINGS INC reported third quarter ended September 30, 2023 results: revenue $908 million, net income $113 million, EPS $3.96 per diluted share. Guidance reaffirmed.

“Herc Holdings Reports Strong Third Quarter 2023 Results and Narrows Full-Year 2023 Guidance Third Quarter Highlights – Record total revenues of $908 million, an increase of 22% – Net income increased to $113 million, or $3.96 per diluted share, an increase of 18%”
Material Agreements

HERC HOLDINGS INC amended Fourth Amendment with Credit Agricole Corporate and Investment Bank (effective 2023-08-31).

“On August 31, 2023, the Company, the Receivables Subsidiary, CACIB and the Lenders entered into a Fourth Amendment (the “Fourth Amendment”) to the RFA.”
Earnings Releases

HERC HOLDINGS INC reported quarter ended June 30, 2023 results: revenue $802 million, net income $76 million, EPS $2.66 per diluted share. Guidance reaffirmed.

“Herc Holdings Reports Strong Second Quarter 2023 Results and Reaffirms Full-Year 2023 Guidance Second Quarter Highlights – Record equipment rental revenue of $702 million, an increase of 16% – Record total revenues of $802 million, an increase of 25% – Net income increased to $76 million, or $2.66 per diluted share, an increase of 12%”
Governance Changes

HERC HOLDINGS INC: Amended and restated By-Laws to enhance procedural mechanics for stockholder nominations and proposals, and to conform to Delaware law updates (effective 2023-05-11).

“On May 11, 2023, the Board of Directors (the “Board”) of Herc Holdings Inc. (the “Company”) amended and restated the Company’s Amended and Restated By-Laws (as amended and restated, the “By-Laws”) which became effective immediately upon approval by the Board. The amendments to the By-Laws were made to enhance the procedural mechanics and disclosure requirements in connection with stockholder nominations of directors and submissions of stockholder proposals (other than proposals to be included in the Company’s proxy statement pursuant to Rule 14a-8 under the Exchange Act) at stockholder meetings, including without limitation by (i) requiring a stockholder delivering a notice pursuant to the advance notice provisions of the By-Laws to comply with the requirements of Rule 14a-19 under the Securities Exchange Act of 1934, as amended, and make related undertakings, including to provide reasonable evidence that the undertakings have been satisfied; and (ii) requiring additional background in”
Shareholder Votes

HERC HOLDINGS INC shareholders approved Ratification of the Selection of Independent Public Accountants at the 2023-05-11 meeting.

“4. Ratification of the Selection of Independent Public Accountants . Stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2023, with the following vote: For Against Abstain Broker Non-Votes 27,032,576 107,554 24,438 0”
Shareholder Votes

HERC HOLDINGS INC shareholders approved Advisory Vote on the Frequency of an Advisory Vote on Executive Compensation at the 2023-05-11 meeting.

“3. Advisory Vote on the Frequency of an Advisory Vote on Executive Compensation . Stockholders approved, on a non-binding advisory basis, the annual presentation of an advisory vote on named executive officer compensation, with the following vote: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 22,843,388 97,787 1,232,324 1,547,839 1,443,230”
Shareholder Votes

HERC HOLDINGS INC shareholders approved Advisory Vote on Executive Compensation at the 2023-05-11 meeting.

“2. Advisory Vote on Executive Compensation . Stockholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers, with the following vote: For Against Abstain Broker Non-Votes 23,668,166 2,013,679 39,493 1,443,230”
Shareholder Votes

HERC HOLDINGS INC shareholders approved Election of Directors at the 2023-05-11 meeting.

“1. Election of Directors . The seven director nominees identified below were elected to serve for a one-year term expiring at the 2024 Annual Meeting of Stockholders. Voting results were as follows: For Against Abstain Broker Non-Votes Patrick D. Campbell 20,685,283 5,006,603 29,452 1,443,230 Lawrence H. Silber 24,036,570 1,663,617 21,151 1,443,230 James H. Browning 24,096,064 1,600,385 24,889 1,443,230 Shari L. Burgess 24,102,189 1,589,209 29,940 1,443,230 Jean K. Holley 23,045,341 2,646,053 29,944 1,443,230 Michael A. Kelly 22,944,811 2,746,492 30,035 1,443,230 Rakesh Sachdev 22,971,227 2,720,011 30,100 1,443,230”
Earnings Releases

HERC HOLDINGS INC updated its first quarter ended March 31, 2023 guidance (reaffirmed).

“issued a press release regarding its financial results for its first quarter ended March 31, 2023”

Hunter C. Gary resigned as Director at HERC HOLDINGS INC.

“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”).”

Steven D. Miller resigned as Director at HERC HOLDINGS INC.

“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”).”

Mark A. Schumacher was appointed as Vice President, Chief Accounting Officer and Controller at HERC HOLDINGS INC.

“On March 9, 2023, the Company also announced the appointment of Mark A. Schumacher to serve as the Vice President, Chief Accounting Officer and Controller, effective March 10, 2023.”

Mark Irion resigned as Senior Vice President and Chief Financial Officer at HERC HOLDINGS INC.

“Mr. Humphrey is succeeding Mark Irion who resigned as the Company’s Senior Vice President and Chief Financial Officer, effective March 10, 2023.”

W. Mark Humphrey was appointed as Senior Vice President and Chief Financial Officer at HERC HOLDINGS INC.

“On March 9, 2023, Herc Holdings Inc. (the “Company”) announced the appointment of W. Mark Humphrey to serve as the Senior Vice President and Chief Financial Officer, effective March 10, 2023.”

Andrew Teno resigned as Director at HERC HOLDINGS INC.

“On March 3, 2023, Mr. Andrew Teno resigned as a member of the Board of Directors (the “Board”) of Herc Holdings Inc. (the “Company”).”
Earnings Releases

HERC HOLDINGS INC updated its fourth quarter and full year ended December 31, 2022 guidance (initiated).

“On February 14, 2023, Herc Holdings Inc. (the “Company”) issued a press release regarding its financial results for its fourth quarter and full year ended December 31, 2022. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.”

Rakesh Sachdev was elected as director at HERC HOLDINGS INC.

“On December 2, 2021, the Board elected Rakesh Sachdev to serve as a director on the Board.”

Mary Pat Salomone retired as director at HERC HOLDINGS INC.

“On December 2, 2021, Mary Pat Salomone retired from the Board of Directors (the “Board”) of Herc Holdings Inc. (the “Company”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.