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.
Avis Budget Group, Inc. filings document the formal disclosure record for its common stock, listed on the Nasdaq Global Select Market under CAR, and for its global rental and mobility operations. Current reports cover operating results, non-GAAP measures, rental-day, revenue-per-day, vehicle-utilization and fleet-cost metrics across the Americas and International businesses.
Material-event filings also describe fleet financing through Avis Budget Rental Car Funding (AESOP) LLC, including asset-backed notes and variable-funding facilities secured primarily by domestic rental vehicles and related assets. Proxy materials cover annual meeting votes, board elections and governance matters, while current-report disclosures address equity distribution arrangements, capital structure, shareholder voting matters and fleet strategy items.
Avis Budget Group EVP and Chief HR Officer Edward P. Linnen reported routine equity compensation activity. On March 9, 2026, restricted stock units and related dividend equivalent units converted into 547 shares of Common Stock as they vested. To cover taxes, 172 shares were withheld by the company rather than sold on the open market. After these transactions, Linnen holds 45,572 Common Stock shares directly and 3,496 shares indirectly through a 401(k) plan, reflecting a modest net increase in his owned stock.
AVIS BUDGET GROUP, INC. executive Ravi Simhambhatla, EVP and Chief Digital & Information Officer, reported compensation-related equity activity. On March 9, 2026, restricted stock units and related dividend equivalent units automatically converted into 758 shares of common stock on a one-to-one basis.
To cover tax obligations tied to this vesting, 239 shares of common stock were withheld at $95.89 per share, characterized as a tax-withholding disposition rather than an open-market sale. Following these transactions, Simhambhatla directly holds 14,792 shares of common stock, with no remaining derivative units from this vesting tranche shown in the filing.
Avis Budget Group Chief Executive Officer Brian J. Choi reported routine equity compensation activity involving restricted stock units and related common shares. On March 9, 2026, restricted stock units and dividend equivalent units converted into 1,515 shares of Common Stock, reflecting the vesting and settlement of these awards. Of these shares, 516 shares were withheld by the company at $95.89 per share to cover tax obligations, which is treated as a disposition but not an open-market sale. Following these transactions, Choi directly holds 111,178 shares of Common Stock and indirectly holds 1,735 shares through an IRA. Footnotes explain that the units vest in three equal installments on March 9 of 2024, 2025 and 2026 and that dividend equivalent units track the underlying restricted stock units on a one-to-one basis.
Pentwater Capital Management LP, reporting as a 10% owner of Avis Budget Group, Inc., reported a series of option trades and exercises conducted for funds it advises. A footnote states Pentwater and its principal disclaim beneficial ownership beyond any pecuniary interest.
On March 6 and 9, Pentwater‑managed funds bought 2,500 call options and sold 2,500 put options on Avis Budget common stock in open‑market transactions. They also exercised in‑the‑money put options, acquiring 600 shares of common stock at exercise prices of $125, $130, and $150 per share.
Following these indirect transactions through the Pentwater Funds, reported indirect holdings of Avis Budget common stock were 4,073,100 shares.
Avis Budget Group, Inc. reported that Pentwater Capital Management and Matthew Halbower beneficially hold 4,327,200 shares, representing 12.3% of common stock based on 35,258,652 shares outstanding as of February 13, 2026.
The filing states the reported holdings reflect shared voting and dispositive power of 4,327,200 shares and include 254,700 shares issuable upon exercise of call options. The Schedule is signed on March 6, 2026.
Pentwater Capital Management LP, a 10% owner of Avis Budget Group, Inc., reported indirect trading in call and put options tied to the company’s stock through investment funds it advises. The positions are held by Pentwater Funds, and Pentwater and Matthew Halbower each disclaim beneficial ownership except for any pecuniary interest.
On March 3, the funds bought 2,000 call options at about $21.24 per option and sold 2,000 put options at about $10.95 per option in open-market transactions. On March 4, they bought another 500 call options at about $23.02 per option and sold 500 put options at about $9.77 per option. The options are exercisable at any time, and all positions are reported as indirect ownership.
Pentwater Capital Management LP, a 10% owner of Avis Budget Group, reported a series of options and stock transactions carried out for Pentwater-managed funds. On February 25 and 27, 2026, the funds bought 1,550 call options and sold 1,550 put options on Avis Budget Group, with prices around $20–$22 per call and $10–$11 per put. On February 26, 2026, they exercised put options to acquire 200 shares of common stock at $150 per share, increasing indirect common stock holdings to 4,072,500 shares. The filing notes these securities are held by Pentwater funds advised by Pentwater Capital, and each reporting person disclaims beneficial ownership beyond any pecuniary interest.
Avis Budget Group, Inc. filed a Form 8-K to furnish a court-ordered notice to shareholders about the proposed voluntary dismissal of two shareholder derivative actions in federal court in New Jersey. The notice explains that, unless another shareholder intervenes, the cases will be dismissed without prejudice.
Any Avis shareholder who owns common stock and wishes to pursue the claims or oppose dismissal may move to intervene in either action. Motions to intervene must be filed with the District Court for the District of New Jersey by April 13, 2026, and must follow the requirements of Federal Rule of Civil Procedure 24.
Pentwater Capital Management LP, as adviser to certain Pentwater Funds, reported a series of indirect derivatives and stock transactions in Avis Budget Group, Inc. common stock. The funds bought 425,000 shares of common stock at a price of $94.2590 per share and entered into additional call option positions while selling corresponding put options in open-market transactions on February 20–24, 2026. The funds also exercised various in-the-money put options and related derivative positions to acquire additional common shares and adjusted their exposure through cash-settled total return swap agreements. The filing notes the swap agreements provide economic exposure to underlying shares but no power to vote or dispose of those referenced shares, and the reporting persons disclaim beneficial ownership beyond any pecuniary interest.
Pentwater Capital Management LP and Matthew Halbower filed an initial ownership report for Avis Budget Group, Inc., describing indirect positions held by certain Pentwater funds. The filing lists put options described as a right to sell and separate put and call options described as obligations to buy or sell Avis Budget common stock. It also discloses multiple cash-settled total return swaps referencing various share amounts, alongside 3,562,100 shares of common stock held indirectly. The cash-settled swaps give the funds economic results comparable to share ownership but, according to the disclosure, do not provide power to vote or dispose of the referenced shares. The reporting persons and the funds each disclaim beneficial ownership except to the extent of any pecuniary interest.