Avis Budget (CAR) CAO logs RSU vesting, 127 shares withheld for taxes

Rhea-AI Filing Summary

AVIS BUDGET GROUP, INC. Chief Accounting Officer Cathleen DeGenova reported routine equity compensation activity. Restricted stock units automatically converted into 273 shares of Common Stock on March 13, 2026, consistent with their terms. To cover tax obligations from this vesting, 127 Common Shares were withheld at a price of $100.71 per share. After these transactions, DeGenova directly held 7,633 Common Shares. The units vest in three equal installments on March 13, 2025, 2026 and 2027, reflecting an ongoing, scheduled compensation program rather than open-market trading.

Insider Trade Summary

273 shares exercised/converted

Mixed 3 txns

Insider DeGenova Cathleen

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	273	$0.00	--
Exercise	Common Stock	273	$0.00	--
Tax Withholding	Common Stock	127	$100.71	$13K

Holdings After Transaction: Restricted Stock Units — 273 shares (Direct); Common Stock — 7,760 shares (Direct)

Footnotes (1)

1. Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. Represents tax withholdings in connection with the vesting of restricted stock units. Units vest in three equal installments on March 13, 2025, 2026 and 2027. Expiration date not applicable.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

DeGenova Cathleen

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/13/2026		M		273	A	$0(1)	7,760	D
Common Stock	03/13/2026		F(2)		127	D	$100.71	7,633	D

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
Restricted Stock Units	$0(1)	03/13/2026		M			273	(3)	(4)	Common Stock	273	$0	273	D

Explanation of Responses:

1. Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.

2. Represents tax withholdings in connection with the vesting of restricted stock units.

3. Units vest in three equal installments on March 13, 2025, 2026 and 2027.

4. Expiration date not applicable.

Remarks:

	/s/ Jean M. Sera, by Power of Attorney for Cathleen DeGenova	03/17/2026
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did CAR executive Cathleen DeGenova report?

Cathleen DeGenova reported routine equity compensation activity. 273 restricted stock units converted into Common Stock, and 127 Common Shares were withheld to pay taxes at $100.71 per share. These were not open-market purchases or sales.

Did the CAR executive buy or sell shares in the open market?

No open-market trades occurred. The filing shows restricted stock units vesting and conversion into 273 Common Shares, with 127 shares withheld to cover taxes. This is standard compensation treatment, not discretionary buying or selling.

How many Avis Budget (CAR) shares does Cathleen DeGenova now hold?

After the reported transactions, Cathleen DeGenova directly holds 7,633 shares of Common Stock. This reflects the net position following the RSU vesting of 273 shares and the tax-withholding disposition of 127 shares on March 13, 2026.

What was the purpose of the 127 Avis Budget (CAR) shares disposed?

The 127 Common Shares were not sold for investment reasons but withheld to satisfy tax liabilities from RSU vesting. The filing labels this as a tax-withholding disposition at $100.71 per share, a common administrative step in stock-based compensation.

How do Avis Budget (CAR) restricted stock units held by DeGenova vest?

The filing states that the units vest in three equal installments on March 13, 2025, 2026 and 2027. Upon vesting, each restricted stock unit automatically converts into one share of Common Stock, making this a scheduled compensation plan.

Is the CAR Form 4 transaction a strong bullish or bearish signal?

The transaction appears neutral. It reflects scheduled RSU vesting and related tax withholding, not discretionary buying or selling. Such compensation-driven events are generally viewed as routine administrative updates rather than directional signals on the company’s prospects.