John McDowell Engquist - May 27, 2025 Form 4 Insider Report for H&E Equipment Services, Inc. (HEES)

Signature
/s/ Leslie S. Magee Attorney-in-Fact
Stock symbol
HEES
Transactions as of
May 27, 2025
Transactions value $
-$1,382,929
Form type
4
Date filed
6/2/2025, 04:03 PM
Previous filing
Feb 25, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Engquist John McDowell President & COO C/O H&E EQUIPMENT SERVICES, INC., 7500 PECUE LANE, BATON ROUGE /s/ Leslie S. Magee Attorney-in-Fact 2025-06-02 0001831594

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEES Common Stock, par value $0.01 per share Award $0 +17.7K +25.7% $0.00 86.6K May 27, 2025 Direct F1
transaction HEES Common Stock, par value $0.01 per share Tax liability -$1.38M -14.5K -16.74% $95.46 72.1K May 27, 2025 Direct F2
transaction HEES Common Stock, par value $0.01 per share Disposed to Issuer -72.1K -100% 0 Jun 2, 2025 Direct F3
transaction HEES Common Stock, par value $0.01 per share Disposed to Issuer -389K -100% 0 Jun 2, 2025 By John McDowell Engquist Investment Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John McDowell Engquist is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Issuance of shares in connection with the accelerated vesting of the Reporting Person's 2023 Performance Award and 2024 Performance Award (the "PSUs") previously granted under the Company's Amended and Restated 2016 Stock-Based Incentive Compensation Plan (the "2016 Plan").
F2 Disposition of securities to the Issuer in satisfaction of the Reporting Person's tax liability in connection with the accelerated vesting of the PSUs and the accelerated vesting of restricted stock awards previously granted to the Reporting Person under the 2016 Plan.
F3 Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated as of February 19, 2025, entered into between the Issuer, Herc Holdings Inc. ("Parent") and Parent's wholly-owned subsidiary, HR Merger Sub Inc., these shares of common stock were disposed of upon consummation of the Merger (as defined in the Merger Agreement), or in the related preceding Offer (as defined in the Merger Agreement), in exchange for, on a per-share basis, (i) $78.75 in cash and (ii) 0.1287 shares of Parent common stock, in each case, without interest and less any applicable withholding taxes. The Acquisition closed on June 2, 2025.