Avis Budget grants RSUs to accounting chief
DeGenova Cathleen reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,301 | $0.00 | $0.00 |
| Grant/Award | Performance Based Restricted Stock Units | 1,301 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.
- F2. Units vest in three equal installments on March 17, 2027, 2028 and 2029.
- F3. Expiration date not applicable.
- F4. 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?
How many restricted stock units did the Avis Budget (CAR) CAO receive?
What are the terms of the performance-based RSUs granted by Avis Budget Group (CAR)?
When do the time-based restricted stock units at Avis Budget Group (CAR) vest?
Does the Form 4 for Avis Budget Group (CAR) show any insider stock sales or purchases?
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