Avis Budget Group (CAR) EVP sells 3,469 common shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avis Budget Group executive Ravi Simhambhatla reported an open-market sale of company stock. On the reported date, he sold 3,469 shares of Common Stock at a weighted average price of $184.09 per share, with individual sale prices ranging from $184.09 to $184.25. After these transactions, he directly holds 13,876 shares of Avis Budget Group Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,469 shares ($638,608)
Net Sell
1 txn
Insider
Simhambhatla Ravi
Role
EVP, CDIO - see remarks
Sold
3,469 shs ($639K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,469 | $184.09 | $639K |
Holdings After Transaction:
Common Stock — 13,876 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,469 shares
Weighted average sale price: $184.09 per share
Sale price range: $184.09–$184.25 per share
+1 more
4 metrics
Shares sold
3,469 shares
Open-market sale of Common Stock on reported date
Weighted average sale price
$184.09 per share
Average price across reported sale transactions
Sale price range
$184.09–$184.25 per share
Range of individual sale prices in the transactions
Shares held after sale
13,876 shares
Directly owned Common Stock following the transaction
Key Terms
open-market sale, weighted average sale price, Common Stock, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"Price reflects the weighted average sale price for the sale transactions"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.