Director at Avis Budget (CAR) awarded 1,373 restricted stock units

Rhea-AI Filing Summary

Avis Budget Group director Anu Hariharan reported an equity award of the company’s stock. On the reported date, she acquired 1,373 restricted stock units as part of the non-employee director compensation program, valued at $96.47 per unit. These units will vest in full on the one-year anniversary of the grant date and then automatically convert into an equal number of common shares. Following the award, she held 1,373 shares directly, with an additional 3,990 shares reported as indirect holdings through a nonqualified deferred compensation plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hariharan Anu

(Last) (First) (Middle)

379 INTERPACE PARKWAY

(Street)

PARSIPPANY NJ 07054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AVIS BUDGET GROUP, INC. [ CAR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	02/20/2026		A		1,373	A	$96.47	1,373	D
Common Stock								3,990	I	Held by NQ Deferred Compensation Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units awarded as part of the Company's non-employee director compensation program. Units automatically convert to Common Stock upon vesting on a one-to-one basis. Award will fully vest on the one-year anniversary of the date of grant.

Remarks:

	/s/ Jean M. Sera by Power of Attorney for Anu Hariharan	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did Avis Budget Group (CAR) director Anu Hariharan report?

Anu Hariharan reported receiving 1,373 restricted stock units in Avis Budget Group as part of the non-employee director compensation program. The award is recorded at a grant price of $96.47 per unit on the stated grant date.

How do Anu Hariharan’s restricted stock units in Avis Budget Group (CAR) vest?

The restricted stock units fully vest on the one-year anniversary of the grant date. Upon vesting, each unit automatically converts into one share of Avis Budget Group common stock, aligning director compensation with future company performance.

How many Avis Budget Group (CAR) shares does Anu Hariharan hold directly after this Form 4?

After this transaction, Anu Hariharan is reported as holding 1,373 Avis Budget Group common shares directly. This reflects the newly awarded restricted stock units that are scheduled to convert into common stock upon vesting after one year.

What indirect holdings in Avis Budget Group (CAR) are reported for Anu Hariharan?

The filing reports 3,990 Avis Budget Group common shares as indirect holdings for Anu Hariharan. These are described as being held through a nonqualified deferred compensation plan, indicating ownership through that plan rather than directly in her own name.

Is Anu Hariharan’s Avis Budget Group (CAR) award a stock purchase or a grant?

The transaction is a grant, not an open-market stock purchase. It is classified as a grant, award, or other acquisition of restricted stock units under the non-employee director compensation program, using transaction code “A” in the filing.