Avis Budget (CAR) director logs stock sale and new RSU grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
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Insider Trade Summary
Net Seller: 1,950 shares ($178,503)
Net Sell
3 txns
Insider
KROMINGA LYNN
Role
Director
Sold
1,950 shs ($179K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,950 | $91.54 | $179K |
| Grant/Award | Common Stock | 1,762 | $96.47 | $170K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 28,404 shares (Indirect, Held by NQ Deferred Compensation Plan)
Footnotes (1)
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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.
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.