Avis Budget EVP sells 4,702 Avis Budget shares

Avis Budget Group EVP Ravi Simhambhatla, EVP, Chief Digital & Innovation Officer, reported three open‑market sales of Avis Budget Group common stock on 2026-08-07.

Rhea-AI Filing Summary

Avis Budget Group EVP Ravi Simhambhatla, EVP, Chief Digital & Innovation Officer, reported three open‑market sales of Avis Budget Group common stock on 2026-08-07. He sold 4,702 shares total: 2,936 shares at $138.27, 1,490 shares at $139.53, and 276 shares at $140.27, each price disclosed as a weighted average with intraday ranges.

Insider Trade Summary

Net Seller: 4,702 shares

Net Sell 3 txns

Insider Simhambhatla Ravi

Role EVP, CDIO - see remarks

Sold 4,702 shs ($653K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	2,936	$138.27	$406K
Sale	Common Stock F2	1,490	$139.53	$208K
Sale	Common Stock F3	276	$140.27	$39K

Holdings After Transaction: Common Stock — 18,810 shares (Direct)

Footnotes (3)

1. F1. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $138 to $138.79. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.
2. F2. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $139.22 to $140. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.
3. F3. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $140.25 to $140. 35. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

Key Figures

Total shares sold: 4,702 shares First sale block: 2,936 shares at $138.27 Second sale block: 1,490 shares at $139.53 +1 more

4 metrics

Total shares sold 4,702 shares Aggregate non-derivative common stock sales reported for 2026-08-07

First sale block 2,936 shares at $138.27 Common stock sale on 2026-08-07; price is weighted average with $138–$138.79 range

Second sale block 1,490 shares at $139.53 Common stock sale on 2026-08-07; price is weighted average with $139.22–$140 range

Third sale block 276 shares at $140.27 Common stock sale on 2026-08-07; price is weighted average with $140.25–$140. 35 range

Key Terms

weighted average sale price, open market or private transaction, Rule 10b5-1

3 terms

weighted average sale price financial

"Price reflects the weighted average sale price for the sale transactions made"

open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

Rule 10b5-1 regulatory

"The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Avis Budget Group (CAR) report for Ravi Simhambhatla?

Avis Budget Group reported that EVP Ravi Simhambhatla sold 4,702 shares of common stock on 2026-08-07 in three open-market transactions at weighted average prices between roughly $138 and $140.27 per share, according to the Form 4.

At what prices did the Avis Budget Group (CAR) EVP sell his shares?

The EVP sold shares at weighted average prices of $138.27, $139.53, and $140.27 per share. Footnotes state the actual sale prices ranged from $138–$140.35, with full trade-by-trade details available on request.

How many Avis Budget Group (CAR) shares did Ravi Simhambhatla sell in each trade?

Ravi Simhambhatla sold 2,936 shares at $138.27, 1,490 shares at $139.53, and 276 shares at $140.27, totaling 4,702 shares of Avis Budget Group common stock in the reported transactions.

Were the Avis Budget Group (CAR) insider sales under a Rule 10b5-1 plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for these sales. Footnotes do not indicate a Rule 10b5-1 or other pre-arranged trading plan for the reported transactions.

What is the role of the insider who sold Avis Budget Group (CAR) shares?

The reporting person, Ravi Simhambhatla, serves as Avis Budget Group’s EVP, Chief Digital & Innovation Officer. The Form 4 states he executed three sales of the company’s common stock on 2026-08-07 in open-market or private transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 08/11/2026 - 04:12 PM Accepted by SEC EDGAR 08/11/2026 - 04:11 PM Learn about SEC filing dates

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^*

Simhambhatla Ravi

(Last) (First) (Middle)

379 INTERPACE PARKWAY

(Street)

PARSIPPANY NEW JERSEY 07054

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP, CDIO - see remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/07/2026		S		2,936	D	$138.27(1)	20,576	D
Common Stock	08/07/2026		S		1,490	D	$139.53(2)	19,086	D
Common Stock	08/07/2026		S		276	D	$140.27(3)	18,810	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

Explanation of Responses:

1. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $138 to $138.79. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

2. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $139.22 to $140. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

3. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $140.25 to $140. 35. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

Remarks:

EVP, Chief Digital & Innovation Officer

	/s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla	08/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)