{"url_path":"/sec/htzww/10-q/2026/item-5","section_key":"item-5","section_title":"Item 5 OTHER INFORMATION","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1657853/0001657853-26-000024-index.html","accession_number":"0001657853-26-000024","cik":"0001657853","ticker":"HTZ","issuer_name":"HERTZ GLOBAL HOLDINGS, INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1657853/0001657853-26-000024-index.html","primary_entity_key":"0001657853","primary_entity_name":"HERTZ GLOBAL HOLDINGS, INC"},"word_count":314,"has_tables":true,"body_markdown":"ITEM 5.    OTHER INFORMATION\n\nDuring the quarter ended March 31, 2026, no director or officer (as defined in Rule 16a-1(f) under the Exchange Act) entered into any (i) contract or written plan for the purchase or sale of securities of Hertz Global intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act or (ii) non-Rule 10b5-1 trading arrangement.\n\nAs previously disclosed in Note 15, \"Contingencies and Off-Balance Sheet Commitments,\" in Part II, Item 8 of the Company's Annual Report on Form 10-K for the year ended December 31, 2022, the Company initiated litigation in March 2019 against certain former executives, predominantly alleging breach of contract and seeking repayment of certain compensation in connection with restatements included in the former Hertz Global Holdings, Inc. (\"Old Hertz Holdings\") Form 10-K for the year ended December 31, 2014 and related accounting for prior periods. On April 2, 2019, the Delaware Court of Chancery (the \"Court\") dismissed as moot Plaintiff Lawrence McIntosh, Jr.’s (\"Plaintiff\") amended derivative complaint, which alleged that Hertz’s board of directors failed to claw back compensation from certain former executives of Old Hertz Holdings (the “Action”). The Court retained jurisdiction solely for the purpose of resolving the Plaintiff’s counsel’s anticipated motion for an award of attorneys’ fees and expenses. In December 2025, and without admitting any fault or wrongdoing, Hertz agreed to pay $330,000 in attorneys’ fees and expenses to Plaintiff’s counsel in full satisfaction of all claims by Plaintiff and all of its counsel for fees and expenses in the Action.\n\nOn March 13, 2026, the Court entered an order closing the Action and approving a service award in the amount of $2,000, to be paid to Plaintiff from Plaintiff’s counsel’s attorneys’ fees and expenses. In entering the order, the Court did not otherwise review, and did not otherwise pass judgment on, the payment of the attorneys’ fees and expenses."}