10% owner purchased ~$40.1M of CAR shares in the open market

Past results only. Not a forecast.

Record ID

0000902664-26-001278

Filed / recorded

Feb 25, 2026, 2:40 AM UTC

Added to OQRO

Oct 6, 2026, 4:40 PM UTC

Parser

form4-xml-v2

Data quality

Verified: identifiers matched exactly

Issuer

AVIS BUDGET GROUP, INC.

Issuer CIK

723612

Ticker

CAR

Reporting person

Pentwater Capital Management LP

Relationship

10% owner

Security

Common Stock, par value ("Common Stock")

Table

Non-derivative (Table I)

Transaction date

Feb 20, 2026

Transaction code

P

Shares / units

425,000

Price per share

$94.26

Acquired / disposed

Acquired (A)

Shares owned after

3,987,100

Ownership form

Indirect — See footnote

Amendment

No

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.9355 to $95.1190, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
2. This Form 4 is filed by Pentwater Capital Management LP ("PCM") and Matthew Halbower ("Mr. Halbower") (collectively, the "Reporting Persons") with respect to securities held by certain funds (the "Pentwater Funds") to which PCM serves as investment adviser. Mr. Halbower is the sole shareholder of MCH PWCM Holdings Inc., the general partner of PCM. Each of the foregoing disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.