Equity awards for Avis Budget (CAR) chief accounting officer detailed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DeGenova Cathleen reported acquisition or exercise transactions in this Form 4 filing.
Avis Budget Group Chief Accounting Officer Cathleen DeGenova reported equity compensation awards rather than open‑market trades. On March 17, 2026, she received 1,301 restricted stock units, each convertible into one share of common stock, vesting in three equal installments on March 17, 2027, 2028 and 2029.
She also received 1,301 performance-based restricted stock units tied to pre-established performance goals, which will vest on March 17, 2029. The number of shares that ultimately vest from this performance award can range from zero to 150% of the 1,301 target units, depending on the company’s performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DeGenova Cathleen
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,301 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units | 1,301 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,301 shares (Direct);
Performance Based Restricted Stock Units — 1,301 shares (Direct)
Footnotes (1)
- Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. Units vest in three equal installments on March 17, 2027, 2028 and 2029. Expiration date not applicable. Units will vest on March 17, 2029 based on the Company's level of attainment of pre-established performance goals. The number of units which could vest range from zero to 150% of the target number of units above, depending on the achievement of such performance goals.
FAQ
What insider transactions did Avis Budget Group (CAR) report for Cathleen DeGenova?
Avis Budget Group reported equity grants to Chief Accounting Officer Cathleen DeGenova, not market trades. She received 1,301 restricted stock units and 1,301 performance-based restricted stock units as part of her compensation package on March 17, 2026.
How many restricted stock units did the Avis Budget (CAR) CAO receive?
Cathleen DeGenova received 1,301 restricted stock units on March 17, 2026. These units convert into common stock on a one-to-one basis and vest in three equal annual installments starting in 2027 and continuing through 2029, subject to continued service.
What are the terms of the performance-based RSUs granted by Avis Budget Group (CAR)?
DeGenova received 1,301 performance-based restricted stock units on March 17, 2026. These will vest on March 17, 2029, depending on Avis Budget Group’s achievement of pre-established performance goals, with potential vesting from zero up to 150% of the 1,301 target units.
When do the time-based restricted stock units at Avis Budget Group (CAR) vest?
The time-based restricted stock units vest in three equal installments. The vesting dates are March 17, 2027, March 17, 2028 and March 17, 2029, after which each vested unit converts automatically into one share of Avis Budget Group common stock.
Does the Form 4 for Avis Budget Group (CAR) show any insider stock sales or purchases?
This Form 4 shows no open-market purchases or sales. Instead, it reports grants of restricted stock units and performance-based restricted stock units to the Chief Accounting Officer as compensation, both recorded as derivative acquisitions with no cash price per unit.