Welcome to our dedicated page for Avis Budget SEC filings (Ticker: CAR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Avis Budget Group, Inc. (NASDAQ: CAR) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Nasdaq Global Select Market registrant, Avis Budget Group submits periodic reports such as Form 10-K and Form 10-Q, as well as numerous Form 8-K current reports detailing material events, financing transactions, governance changes and quarterly earnings announcements.
Recent 8-K filings referenced in company disclosures include reports of first, second and third quarter 2025 results, where the attached press releases discuss revenues, net income or loss, Adjusted EBITDA and key metrics like rental days, revenue per day, vehicle utilization and per-unit fleet costs. Other 8-Ks describe entry into material definitive agreements, such as amendments to the company’s credit agreement, issuance of asset-backed securities secured by vehicles in its domestic fleet, and senior notes offerings by its subsidiaries.
Additional filings highlight corporate governance and shareholder matters. For example, an 8-K dated July 31, 2025 reports amendments to the Amended and Restated Certificate of Incorporation, while another dated September 8, 2025 outlines changes to a cooperation agreement with a significant shareholder, including voting caps and board size provisions. These documents provide detail on rights of security holders, board composition parameters and other structural features of the company’s governance framework.
On Stock Titan, users can review these SEC filings in sequence and use AI-powered summaries to understand the core points of lengthy documents such as annual reports on Form 10-K, quarterly reports on Form 10-Q and complex financing-related 8-Ks. The platform also surfaces real-time updates from EDGAR and makes it easier to track how Avis Budget Group reports its financial condition, risk factors, capital structure changes and other material information over time.
Avis Budget Group executive Jean M. Sera, SVP, General Counsel, Chief Compliance Officer and Corporate Secretary, reported routine equity compensation activity. On March 13, 2026, 749 restricted stock units automatically converted into an equal number of common shares at no exercise price as they vested. To cover tax obligations related to this vesting, 348 common shares were withheld at a value of $100.71 per share, which is recorded as a tax-withholding disposition rather than an open-market sale. After these transactions, Sera directly held 37,484 shares of Avis Budget common stock. The footnotes state that these restricted stock units vest in three equal installments on March 13, 2025, 2026 and 2027, underscoring that this filing reflects a scheduled compensation event.
AVIS BUDGET GROUP, INC. executive Edward P. Linnen, EVP and Chief HR Officer, reported routine equity compensation activity. On March 13, he exercised 958 restricted stock units that automatically converted into 958 shares of common stock, and these were reported as an award with no cash paid.
To cover tax obligations tied to this vesting, 301 common shares were withheld at a price of $100.71 per share, which is a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Linnen directly holds 47,415 shares of common stock. No open-market purchases or sales were reported.
Avis Budget Group executive Ravi Simhambhatla received a compensation-related stock award. On March 13, he was granted 1,326 restricted stock units that convert into the same number of common shares as they vest. The filing shows 1,326 common shares credited and 416 shares withheld to cover taxes. After these transactions, he directly holds 17,345 common shares.
AVIS BUDGET GROUP, INC. Chief Executive Officer Brian J. Choi reported routine equity compensation activity involving restricted stock units and related tax withholding. On March 13, 2026, 2,947 restricted stock units converted into an equal number of common shares at no cost as part of a vesting schedule. To cover tax obligations on this vesting, 1,444 common shares were withheld at a reference price of $100.71 per share. After these transactions, Choi directly owned 117,902 shares of common stock. The units associated with this award vest in three equal installments on March 13 of 2025, 2026, and 2027.
Pentwater Capital Management LP, as a ten percent owner of Avis Budget Group, Inc., reported a series of derivative exercises tied to Common Stock on 2026-03-12 and 2026-03-13. Funds advised by Pentwater exercised put options (obligations to buy) and acquired Avis Budget common shares at exercise prices of $120.00, $125.00, and $130.00 per share. Following these in-the-money option exercises, the funds indirectly held 4,361,000 Avis Budget common shares. The filing notes these securities are held by certain Pentwater funds, and both Pentwater and its principal disclaim beneficial ownership beyond their pecuniary interest. No open‑market purchases or sales were reported in this filing, only option exercises that increased the funds’ share position.
Avis Budget Group Chief Accounting Officer Cathleen DeGenova exercised restricted stock units that vested into common stock and had shares withheld to cover taxes. On March 12, 2026, 705 restricted stock units automatically converted into 705 common shares. Of these, 327 common shares were disposed of to satisfy tax obligations, which is not an open-market sale. Following these transactions, DeGenova directly holds 7,487 common shares and 1,410 restricted stock units that will vest in three equal installments on March 12, 2026, 2027 and 2028.
Avis Budget Group senior executive Jean M. Sera reported compensation-related equity activity involving restricted stock units and common stock. Restricted stock units automatically converted into 1,351 shares of common stock, increasing her direct holdings to 37,710 shares before tax withholding.
To cover tax obligations from the vesting, 627 common shares were withheld at $99.56 per share, leaving her with 37,083 shares of common stock held directly after the transactions. Footnotes state the units vest in three equal installments on March 12, 2026, 2027 and 2028.
Avis Budget Group EVP and Chief HR Officer Edward P. Linnen reported equity compensation activity involving restricted stock units and common shares. He received a grant of 1,729 restricted stock units that will vest in three equal installments on March 12, 2026, 2027 and 2028. These units automatically convert into common stock on a one-to-one basis when they vest.
On the same date, 1,729 shares of common stock were acquired in connection with vesting, and 543 shares were disposed of at $99.56 per share to cover tax withholdings related to the vesting. After these transactions, Linnen holds 46,758 shares of common stock directly and 3,496 shares indirectly through a 401(k) plan.
AVIS BUDGET GROUP, INC. executive Ravi Simhambhatla reported routine equity compensation activity. On March 12, he received a grant of 2,394 restricted stock units, each eligible to convert into one share of common stock. These units vest in three equal installments on March 12 of 2026, 2027 and 2028.
On the same date, 2,394 shares of common stock were acquired through the vesting and conversion of previously granted restricted stock units, with 751 of those shares withheld at a price of $99.56 per share to cover tax obligations. After these transactions, he directly holds 16,435 shares of common stock and 4,790 restricted stock units.
AVIS BUDGET GROUP, INC. Chief Executive Officer Brian J. Choi reported the vesting and automatic conversion of 9,977 restricted stock units into Common Stock on March 12, 2026. These units convert to shares on a one-to-one basis when they vest.
In connection with this vesting, 4,756 Common Shares were delivered back as tax withholdings at a price of $99.56 per share, a non-market disposition for tax liabilities rather than an open-market sale. After these transactions, Choi directly holds 116,399 Common Shares and indirectly holds 1,735 Common Shares through an IRA.