13D·WATCH Activist + Insider Intelligence Live feed Blog About Pricing
SCHEDULE 13D/A Filed 2026-10-21 Event 2026-10-16 SEC 0000905148-26-004537 →

CK Amarillo LP → Hertz Global Holdings, Inc. HTZWW

Stake: 50.90% Shares: 181,455,469 CUSIP: 42806J700 Class: Common Stock, par value $0.01 per share

Item 4 — Purpose of Transaction

The information set forth in Item 4 of the Schedule 13D is amended as follows: On October 16, 2026, the Issuer and certain investors, including certain funds or accounts affiliated with Certares and Knighthead (all such investors, the "JV Investors"), entered into a joint venture arrangement (the "Joint Venture") related to Oro Mobility Holdings LLC (f/k/a Hertz Mobility Holdings LLC) (the "JV Entity"). In connection with the formation of the Joint Venture, but prior to the JV Investor Purchase (as defined below), the Issuer transferred to the JV Entity certain assets relating to the Issuer's Oro Mobility business not already owned by the JV Entity, together with approximately $60.03 million in cash. As part of the Joint Venture, the Issuer, the JV Entity, and the JV Investors entered into a Purchase Agreement (the "Purchase Agreement") pursuant to which the JV Investors agreed to purchase Class A Common Units of the JV Entity from the Issuer, representing 50% of the voting units of the JV Entity and approximately 15.86% of the common units of the JV Entity (before giving effect to any dilution from the management incentive plan of the JV Entity), for aggregate cash consideration of approximately $80.89 million (the "JV Investor Purchase"). Concurrently, the Issuer agreed to repurchase approximately $51.1 million aggregate principal amount of its Exchangeable Notes (as defined and described in Amendment No. 7) from certain funds or accounts affiliated with Certares and/or Knighthead for approximately $20.86 million, representing a 60% discount to par. Also on October 16, 2026, the Issuer, Hertz Transporting, Inc. ("HTI"), and the JV Investors entered into an Amended and Restated Limited Liability Agreement of the JV Entity effective as of October 19, 2026 (the "LLC Agreement"). Pursuant to the terms of the LLC Agreement, the JV Entity will be governed by a six-person board, with each of the Issuer and the JV Investors entitled to designate three members. The foregoing descriptions of the Purchase Agreement and LLC Agreement do not purport to be complete and are qualified in their entirety by reference to the text of the Purchase Agreement and LLC Agreement, which are attached hereto as exhibits to this Amendment No. 13 and are incorporated herein by reference.

Cross-References

Insider Activity (last 365d)
0 transactions
0 buys · 0 sales · 0 awards/exercises
Issuer Cluster
19 13D/G filings on this issuer
18 other filings besides this one
Filer Track Record
7 filings by this filer
6 other filings in the data moat
Short Interest · settle 2026-09-30
DTC 4.59
799,104 shares short · +0.4% vs prior

Institutional Consensus · 2026-03-31

Held by elite portfolio managers
2 holders · $76.12M
Pershing SquarePoint72 Asset Mgmt

Other 13D/G Filings on Hertz Global Holdings, Inc.

FiledFormFilerStakeShares
2026-10-05 SCHEDULE 13D/A CK Amarillo LP 50.90% 181,455,469 view →
2026-08-24 SCHEDULE 13D/A CK Amarillo LP 50.90% 181,455,469 view →
2026-08-10 SCHEDULE 13D/A CK Amarillo LP 50.90% 181,455,469 view →
2026-07-02 SCHEDULE 13G JANE STREET GROUP, LLC — — view →
2024-07-02 SC CK Amarillo LP — — view →
2023-11-07 SC CK Amarillo LP — — view →
2021-11-16 SC CK Amarillo LP — — view →
2020-06-02 SC GAMCO INVESTORS, INC. ET AL — — view →
2020-05-20 SC GAMCO INVESTORS, INC. ET AL — — view →
2020-04-29 SC GAMCO INVESTORS, INC. ET AL — — view →
2020-03-12 SC ICAHN CARL C — — view →
2019-09-12 SC ICAHN CARL C — — view →
2019-07-18 SC ICAHN CARL C — — view →
2019-07-12 SC ICAHN CARL C — — view →
2019-07-11 SC GAMCO INVESTORS, INC. ET AL — — view →
2019-06-13 SC ICAHN CARL C — — view →
2019-05-07 SC GAMCO INVESTORS, INC. ET AL — — view →
2019-03-05 SC ICAHN CARL C — — view →

Other Filings by CK Amarillo LP

FiledFormIssuerStakeShares
2026-10-05 SCHEDULE 13D/A Hertz Global Holdings, Inc. 50.90% 181,455,469 view →
2026-08-24 SCHEDULE 13D/A Hertz Global Holdings, Inc. 50.90% 181,455,469 view →
2026-08-10 SCHEDULE 13D/A Hertz Global Holdings, Inc. 50.90% 181,455,469 view →
2024-07-02 SC HERTZ GLOBAL HOLDINGS, INC HTZWW — — view →
2023-11-07 SC HERTZ GLOBAL HOLDINGS, INC HTZWW — — view →
2021-11-16 SC HERTZ GLOBAL HOLDINGS, INC HTZWW — — view →

Want this depth on every filing the moment it hits SEC EDGAR?

Full feed access · API · daily intelligence brief · custom alerts. From $49/mo.

See pricing →