{"filing":{"accession_number":"0001104659-26-077058","cik":"0000047129","ticker":null,"company_name":"HERTZ CORP","form":"8-K","filing_date":"2026-06-24","report_date":null,"primary_document":"tm2618731d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/47129/000110465926077058/tm2618731d1_8k.htm"},"events":[{"id":13365,"run_id":11871,"accession_number":"0001104659-26-077058","anchor_item_number":"8.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Hertz Corp. announced a private placement of $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030, creating a new direct financial obligation material to investors assessing the registrant's capital structure.","company_name":"HERTZ CORP","ticker":null,"filing_date":"2026-06-24","form":"8-K","submitted_at":null,"items":[{"id":10488,"accession_number":"0001104659-26-077058","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Item 8.01 disclosure announces Hertz Corp.'s intention to offer $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030 in a private placement. This constitutes creation of a new direct financial obligation—a debt issuance—which is material to investors assessing the registrant's capital structure and financial condition. The concurrent offering of $100 million in borrowed shares is a secondary capital-raising mechanism tied to the debt offering and does not change the primary event classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T11:32:40.118989+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":13366,"run_id":11871,"accession_number":"0001104659-26-077058","anchor_item_number":"7.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Hertz announced a $100 million registered public offering of common stock to be loaned to J.P. Morgan Securities LLC for short-sale hedging by note investors, creating material economic dilution to existing shareholders through the short-sale mechanism.","company_name":"HERTZ CORP","ticker":null,"filing_date":"2026-06-24","form":"8-K","submitted_at":null,"items":[{"id":10487,"accession_number":"0001104659-26-077058","item_number":"7.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Hertz announced a $100 million registered public offering of common stock to be loaned to J.P. Morgan Securities LLC, which will sell the shares short to facilitate hedging by note investors. This is a dilutive equity issuance that increases share count and creates downward price pressure through the short-sale mechanism. While the company receives only a nominal lending fee (not the offering proceeds), the economic dilution to existing shareholders is material and the structure is characteristic of a dilutive capital raise.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T11:32:40.118989+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":10487,"accession_number":"0001104659-26-077058","item_number":"7.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Hertz announced a $100 million registered public offering of common stock to be loaned to J.P. Morgan Securities LLC, which will sell the shares short to facilitate hedging by note investors. This is a dilutive equity issuance that increases share count and creates downward price pressure through the short-sale mechanism. While the company receives only a nominal lending fee (not the offering proceeds), the economic dilution to existing shareholders is material and the structure is characteristic of a dilutive capital raise.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T11:32:40.118989+00:00","company_name":"HERTZ CORP","ticker":null,"filing_date":"2026-06-24"},{"id":10488,"accession_number":"0001104659-26-077058","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Item 8.01 disclosure announces Hertz Corp.'s intention to offer $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030 in a private placement. This constitutes creation of a new direct financial obligation—a debt issuance—which is material to investors assessing the registrant's capital structure and financial condition. The concurrent offering of $100 million in borrowed shares is a secondary capital-raising mechanism tied to the debt offering and does not change the primary event classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T11:32:40.118989+00:00","company_name":"HERTZ CORP","ticker":null,"filing_date":"2026-06-24"}]}