Avis Budget SEC Filings

A Form 144 notice shows an insider intends to sell 30,000 shares of common stock of Avis Budget Group (CAR), acquired by RSU vesting on 03/09/2023. The filing lists an approximate sale date of 08/22/2025 and an aggregate market value of $4,648,800 for the proposed sale. It reports total shares outstanding as 35,193,504, and notes a prior sale on 08/01/2025 of 30,000 shares with reported gross proceeds of $4,948,800. The broker named is Merrill Lynch in Iselin, NJ. The filer represents they are not aware of undisclosed material adverse information. Several issuer fields (issuer name, SEC file number, and relationship to issuer) are not provided in the text.

Edward P. Linnen, Executive Vice President and Chief HR Officer of Avis Budget Group, sold a total of 10,000 shares of Avis Budget Group common stock on 08/15/2025. The sales were reported on Form 4 filed 08/18/2025 and executed as two transactions: 6,743 shares sold at a weighted average price of $156.47 (transaction prices ranged $156.37–$156.87) and 3,257 shares sold at a weighted average price of $157.57 (transaction prices ranged $157.51–$157.64). After these sales Mr. Linnen beneficially owns 40,915 shares directly and 3,496 shares indirectly through a 401(k) plan. The Form 4 was signed by a Power of Attorney on behalf of the reporting person.

A Form 144 filing by an insider of Avis Budget Group, Inc. (CAR) notifies intent to sell 10,000 shares of common stock through Merrill Lynch on the NYSE, with an approximate sale date of 08/15/2025 and an aggregate market value of $1,569,183.26. The filing shows the 10,000 shares were acquired through RSU vesting: 4,876 shares vested on 03/09/2022 and 5,124 shares vested on 03/09/2023, with payment recorded as 03/09/2023. Total shares outstanding are listed as 35,110,440. The filer reports no sales of the issuer's securities in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer.

Pentwater Capital Management LP and Matthew Halbower report beneficial ownership of 2,950,000 shares of Avis Budget Group, Inc. (CAR), representing 8.4% of the outstanding common stock based on 35,192,239 shares outstanding as of May 2, 2025. The reported position includes 680,000 shares issuable upon exercise of call options. The filing shows no sole voting or dispositive power and lists shared voting and dispositive power for the full position. The Reporting Persons state the shares were acquired and are held in the ordinary course of business and not for the purpose of changing control.

A group of Susquehanna-related entities reported beneficial ownership of 2,712,446 shares of Avis Budget Group, Inc. (CAR), representing 7.7% of the class based on 35,192,239 shares outstanding as of May 2, 2025. The filing identifies six reporting persons — G1 Execution Services, LLC; SIG Brokerage, LP; Susquehanna Fundamental Investments, LLC; Susquehanna Investment Group; Susquehanna Portfolio Strategies, LLC; and Susquehanna Securities, LLC — and notes certain option positions included in those totals.

The Schedule 13G indicates the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The filing also states the reporting persons may be deemed a group and that each disclaims beneficial ownership of shares owned directly by another reporting person.

Goldman Sachs reports a material passive stake in Avis Budget Group. The filing shows The Goldman Sachs Group, Inc., together with its subsidiary Goldman Sachs & Co. LLC, beneficially own 2,660,942.99 shares of Avis Budget Group common stock, representing 7.6% of the class. The reported interest is held with shared voting power of 2,660,924.99 shares and shared dispositive power of 2,660,942.99 shares, with no sole voting or dispositive power disclosed.

The parties submitted a joint filing agreement and identify the securities as owned or deemed owned by the broker/dealer and investment adviser subsidiary. The filing certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Avis Budget Group, Inc. (CAR) – Form 144 filing discloses a proposed insider sale of 402,200 common shares through J.P. Morgan Securities. The filer intends to execute the transaction on or about 08-04-2025 on the NASDAQ.

• Aggregate market value: ≈ $65.99 million
• Shares outstanding: 35.19 million
• Sale size vs. float: ≈ 1.1 % of outstanding shares

The filing lists multiple previous share acquisitions between 2020-2024 via direct purchases, open-market buys and equity compensation. No shares have been sold by the filer in the past three months. Form 144 is a notice, not a guarantee, but it signals the insider’s intent to sell within a 90-day window, which could increase short-term supply of CAR shares.