$ Value
$0
Shares
675
Price
$0
Filed
Feb 24
Insider
Name
Pentwater Capital Management LP
Title
—
CIK
0001425851
Roles
Transaction Details
Transaction Date
2026-02-23
Code
X
Table
Derivative
Ownership
Indirect
Equity Swap
No
Shares After
1,875
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
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 |