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# Hertz Shares Rise 17% Tuesday; Board Overhaul Was Disclosed Last Thursday
- URL: https://www.bullished.co/hertz-shares-rise-17-tuesday-board-overhaul-was-disclosed-last-thursday/
- Published: 2026-10-06T17:07:50.000Z
- Updated: 2026-10-07T13:05:15.000Z
- Description: Hertz shares rose about 17% Tuesday; its latest disclosures cover a three-seat board overhaul and a November 5 results date.
- Author: Matteo Parrino
- Tags: Markets, HTZ, Industry: Industrials

[Hertz Global](https://www.bullished.co/tag/htz/) shares rose about 17% to $2.09 in Tuesday trading, as of 1:01 p.m. ET (market data). Neither of the two disclosures the company made over the past week mentions the share price.

## The latest disclosures

- **Board overhaul (8-K, Thursday, October 1).** Directors Francis S. Blake, Lucy Clark Dougherty and Thomas Wagner [resigned effective that day](https://www.sec.gov/Archives/edgar/data/0001657853/000165785326000061/htz-20261001.htm?ref=bullished.co), according to an 8-K, the form companies use to report major events. The board appointed Robert Davis, Nils Larsen and Adam Zirkin the same day. The filing says none of the exits came from a disagreement over the company's operations, policies or practices. Davis and Larsen each get the standard director package of $175,000 a year in restricted stock units plus a $100,000 cash retainer. Zirkin, who is associated with Knighthead Capital Management, will be paid [$1.00 a year](https://www.sec.gov/Archives/edgar/data/0001657853/000165785326000061/htz-20261001.htm?ref=bullished.co).
- **Results date (announcement, Monday, October 5).** Hertz will report third-quarter results at 8:00 a.m. ET on Thursday, November 5, followed by a call at 9:00 a.m. ET, according to its [earnings-date announcement](https://markets.ft.com/data/announce/detail?dockey=600-202610051605BIZWIRE%5FUSPRX%5F%5F%5F%5F20261005%5FBW136755-1&ref=bullished.co). A live webcast will be on the company's investor relations site.

## Where the stock stands

Over the past year the shares have traded as low as $1.45 and as high as $8.18.

## The business

Hertz runs [the Hertz, Dollar, Thrifty and Firefly](https://markets.ft.com/data/announce/detail?dockey=600-202610051605BIZWIRE%5FUSPRX%5F%5F%5F%5F20261005%5FBW136755-1&ref=bullished.co) rental brands, along with a used-car sales arm and a car-sharing business in Europe. The company says it has roughly 11,000 rental locations in 160 countries.

The November 5 report will be the first results since three of the board's seats changed hands.

### Sources

- [Hertz Global Holdings, Inc. to Announce Third Quarter 2026 Financial Results on November 5, 2026 – Company Announcement - FT.com](https://markets.ft.com/data/announce/detail?dockey=600-202610051605BIZWIRE%5FUSPRX%5F%5F%5F%5F20261005%5FBW136755-1&ref=bullished.co) — Financial Times
- [HTZ 8-K: On October 1, 2026, each of Francis S](https://www.sec.gov/Archives/edgar/data/0001657853/000165785326000061/htz-20261001.htm?ref=bullished.co) — SEC 8-K Filing

### More on Hertz Global Holdings

- [Knighthead Co-Founder Thomas Wagner Leaves Hertz Board; Adam Zirkin Takes His Seat, 13D Shows](https://www.bullished.co/knighthead-co-founder-thomas-wagner-leaves-hertz-board-adam-zirkin-takes-his-seat-13d-d40b3b68/)
- [Hertz Swaps Three Board Members In A Single Day, Seating A Knighthead-Linked Director At $1.00 Per Year](https://www.bullished.co/hertz-swaps-three-board-members-in-a-single-day-seating-a-knighthead-linked-director-at-1-27ee9f07/)

[All Hertz Global Holdings (HTZ) coverage →](https://www.bullished.co/tag/htz/)