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EdgarHawk

Sheek Samuel Wade

SVP & Chief Legal Officer

Officer
1 filing analyzed · 1 company · Latest 2024-10-29

Companies

Company Buys Sells Direction
HERC HOLDINGS INC HRI 0 1 Net selling

Activity

October 2024
2024-10-29 HERC HOLDINGS INC HRI
medium
Sell
5,000 shares
$1,065,600
Significance 5/10

SVP & Chief Legal Officer Sheek Samuel Wade sold 5,000 shares (21.6K remaining) at $213.12 on 2024-10-29.

Sheek Samuel Wade, SVP & Chief Legal Officer, sold 5,000 shares at $213.12 for total proceeds of $1,065,600.00, reducing his holdings from 26,586 to 21,586 shares. The sale occurred near the 52-week high of $214.60, with the stock currently trading at $210.86. HRI has demonstrated strong recent momentum (32.2% over 30 days, 35.3% over 90 days) and solid fundamentals (19.8% annual revenue growth, P/E of 17.21, $122.0M net income on $965.0M quarterly revenue). This represents a discretionary reduction in a senior legal officer's position during a period of strong stock performance, though the magnitude (18.8% reduction in holdings) is moderate and the executive retains meaningful exposure with 21.6K shares remaining.

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