Harris Lawrence Silber, President & CEO at Herc Hldgs (NYSE:HRI), reported a large insider sell on September 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Silber sold 4,000 shares of Herc Hldgs. The total transaction amounted to $515,385.
Herc Hldgs shares are trading up 2.13% at $124.28 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily ...