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$CAR All transactions

AVIS BUDGET GROUP, INC.

▲ BUY
5 / 10

Conviction

$ Value

$3K

Shares

347

Price

$9

Filed

Feb 24

Why this score? (5/10)
  • Open market buy (+3)
  • 10%+ owner (+1)
  • Not a 10b5-1 plan (+1)

Insider

Name

Pentwater Capital Management LP

Title

CIK

0001425851

Roles

10% Owner

Transaction Details

Transaction Date

2026-02-23

Code

P

Table

Derivative

Ownership

Indirect

Equity Swap

No

Shares After

347

Footnotes

This Form 4 is filed by Pentwater Capital Management LP ("PCM") and Matthew Halbower ("Mr. Halbower") (collectively, the "Reporting Persons") with respect to securities held by certain funds (the "Pentwater Funds") 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. | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.9355 to $95.1190, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. | Exercisable at any time. | The Pentwater Funds increased their position in cash-settled total return swap agreements. The swap agreements provide the Pentwater Funds with economic results that are comparable to the economic results of ownership but do not provide them or the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares that are referenced in the swap agreements (such shares, the "Subject Shares"). The Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein, if any. | The Pentwater Funds settled their position in a certain cash-settled total return swap agreement pursuant to its terms at a settlement price of $86.33.

Filing Info

Accession No.

0000902664-26-001278

Form Type

4

Issuer CIK

0000723612

Pentwater Capital Management LP's History

Date Ticker Type Value
2026-04-21 CAR X $57.5M
2026-04-21 CAR X $5.2M
2026-04-21 CAR X $0
2026-04-21 CAR X $0
2026-04-21 CAR X $0
2026-04-17 CAR X $2.9M
2026-04-17 CAR E $0
2026-04-17 CAR X $0
2026-03-20 CAR X $136.0M
2026-03-20 CAR X $45.2M

Other Insiders at CAR (90d)

Insider Bought Sold Last
Pentwater Capital Management LP $40.2M $80K 2026-04-21
KROMINGA LYNN $179K 2026-02-20
Hees Bernardo 2026-02-20
Linnen Edward P
EVP, Chief HR Officer
2026-03-17
Choi Brian J
Chief Executive Officer
2026-03-17
Lurie Glenn 2026-02-20
Pahwa Jagdeep
Executive Chairman
2026-03-17
DeGenova Cathleen
Chief Accounting Officer
2026-03-17
Sera Jean M
SVP, GC, CCO & Corp. Sec.
2026-03-17
Hariharan Anu 2026-02-20
Simhambhatla Ravi
EVP, CDIO - see remarks
2026-03-17
Cunha Daniel Crestian
EVP and CFO
2026-03-17