STOCK TITAN

CAR insider files Form 144 to sell 10,000 RSU-derived shares on NYSE

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider notice to sell vested RSUs; size is small relative to outstanding shares and appears to be a scheduled, non-disclosive transaction.

The Form 144 documents a proposed sale of 10,000 common shares valued at about $1.57 million via Merrill Lynch on the NYSE on 08/15/2025. The shares originated from RSU vesting on 03/09/2022 and 03/09/2023 and no other sales were reported in the prior three months. As filed, this is a standard Rule 144 notice required for an insider-sourced sale and does not by itself indicate operational or financial changes at the company. The filing provides clear acquisition dates and amounts, facilitating regulatory compliance tracking.

TL;DR: Compliance-focused disclosure showing adherence to Rule 144; representation about lack of material nonpublic information is included.

The submission demonstrates procedural compliance: the filer identifies the broker, exchange, intended sale date, share count, market value, and acquisition method (RSU vesting). Inclusion of the signature representation (no undisclosed material adverse information) is typical and important for governance and insider trading policy adherence. The absence of recent sales and the use of vested RSUs suggest this is a routine monetization rather than a signal of corporate distress or event-driven insider selling.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Avis Budget

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Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
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United States
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