AVIS BUDGET GROUP, INC.

CAR

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0000902664-26-001451
Filing date: Mar 5, 2026
Earliest execution date: Mar 3, 2026

Summary

Type

Neutral

Net shares

0

% of shares

0.00%

Amount (USD)

$0

Insider confidence score

52.5 out of 100

Positive

  • Minimal sell amount (<$10K)

Derivative Transactions

Transaction 1

Security

Call Option (right to buy)

Action

Buy

Date

2026-03-03

Code

P

Net shares

+2,000.0

Price per Share

$21.24

Amount (USD)

$42,482.40

Acquired/Disposed

Acquired

Shares Owned Before

1,550.0

Shares Owned After

3,550.0

Transaction 2

Security

Put Option (obligation to buy)

Action

Sell

Date

2026-03-03

Code

S

Net shares

-2,000.0

Price per Share

$10.95

Amount (USD)

$21,896.60

Acquired/Disposed

Disposed

Shares Owned Before

5,550.0

Shares Owned After

3,550.0

Transaction 3

Security

Call Option (right to buy)

Action

Buy

Date

2026-03-04

Code

P

Net shares

+500.0

Price per Share

$23.02

Amount (USD)

$11,510.70

Acquired/Disposed

Acquired

Shares Owned Before

3,550.0

Shares Owned After

4,050.0

Transaction 4

Security

Put Option (obligation to buy)

Action

Sell

Date

2026-03-04

Code

S

Net shares

-500.0

Price per Share

$9.77

Amount (USD)

$4,886.80

Acquired/Disposed

Disposed

Shares Owned Before

4,550.0

Shares Owned After

4,050.0

Filing's footnotes

1. This Form 4 is filed by Pentwater Capital Management LP (&quot;PCM&quot;) and Matthew Halbower (&quot;Mr. Halbower&quot;) (collectively, the &quot;Reporting Persons&quot;) with respect to securities held by certain funds (the &quot;Pentwater Funds&quot;) to which PCM serves as investment adviser. Mr. Halbower is the sole shareholder of MCH PWCM Holdings Inc., the general partner of PCM. Each of the foregoing disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

2. Exercisable at any time.

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.