Avis Budget (CAR) director logs stock sale and new RSU grant

Rhea-AI Filing Summary

Avis Budget Group director Lynn Krominga reported mixed equity activity on February 20, 2026. She sold 1,950 shares of common stock in an open-market transaction at $91.54 per share.

On the same date, she received a grant of 1,762 restricted stock units valued at $96.47 per unit under the non-employee director compensation program. These units will fully vest on the one-year anniversary of the grant and convert into common stock one-for-one. She also holds 28,404 shares indirectly through an NQ 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^*

KROMINGA LYNN

(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	02/20/2026		S		1,950	D	$91.54	0	D
Common Stock(1)	02/20/2026		A		1,762	A	$96.47	1,762	D
Common Stock								28,404	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 Lynn Krominga	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).
** 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 director Lynn Krominga report?

Lynn Krominga reported selling 1,950 shares of Avis Budget common stock and receiving 1,762 restricted stock units. The sale was an open-market transaction, while the RSUs were granted under the non-employee director compensation program and will convert to common stock upon vesting.

How many Avis Budget (CAR) shares did Lynn Krominga sell and at what price?

She sold 1,950 shares of Avis Budget common stock at an average price of $91.54 per share. This was reported as an open-market or private sale transaction, and it reduced her directly held common stock position disclosed in the filing.

What stock award did Lynn Krominga receive from Avis Budget (CAR)?

She received a grant of 1,762 restricted stock units as part of Avis Budget’s non-employee director compensation program. Each unit converts into one share of common stock upon vesting, providing additional equity-based compensation tied directly to the company’s stock.

When will Lynn Krominga’s Avis Budget (CAR) restricted stock units vest?

The restricted stock units will fully vest on the one-year anniversary of the grant date. At vesting, each unit automatically converts into one share of Avis Budget common stock, aligning her compensation with long-term shareholder value over that period.

At what value were Lynn Krominga’s Avis Budget (CAR) RSUs recorded?

The 1,762 restricted stock units were recorded at $96.47 per unit. This value reflects the grant-date reference price used for the award and helps indicate the scale of the equity compensation she received as a non-employee director.

What indirect Avis Budget (CAR) holdings does Lynn Krominga report?

She reports indirect ownership of 28,404 shares of Avis Budget common stock held through an NQ Deferred Compensation Plan. This plan-based holding is classified as indirect ownership, separate from her directly held and newly granted equity positions.