Coliseum Capital Management Establishes 5.1% Stake in Herc Holdings Inc.

On April 9, 2026, Coliseum Capital Management, LLC and its affiliates filed a Schedule 13G reporting a 5.1% ownership stake in Herc Holdings Inc. (HRI). The reporting group, which includes Coliseum Capital Partners, L.P., Coliseum Capital Co-Invest IV, L.P., and managers Adam Gray and Christopher Shackelton, collectively beneficially owns 1,702,062 shares of Common Stock. The shares were acquired for investment purposes and not with the intent to change or influence the control of the issuer. Specifically, Coliseum Capital Partners, L.P. holds 1,283,223 shares (3.8%), while Coliseum Capital Co-Invest IV, L.P. holds 129,456 shares (0.4%). The remaining shares are held through a separate account managed by Coliseum Capital Management. This filing marks a new significant position for the group, surpassing the 5% threshold as of the event date on April 2, 2026. All reported shares are held with shared voting and dispositive power among the reporting entities and individuals.