Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Dec 30, 2025
Reporting period
Not applicable
Filed with the SEC
Jan 2, 2026
CEOOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0000723612-26-000003
Filed / recorded
Jan 2, 2026, 9:01 PM 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
Brian J Choi
Relationship
Officer
Officer title
Chief Executive Officer
Security
Dividend Equivalent Units
Table
Derivative (Table II)
Transaction date
Dec 30, 2025
Transaction code
M
Shares / units
495
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
311
Ownership form
Direct
Amendment
No
Footnotes from the filing
Represents restricted stock units and dividend equivalent units which automatically convert to Common Stock upon the vesting and settlement of such units on a one-to-one basis.
Represents dividend equivalent units ("DEUs") accrued on restricted stock units and performance-based restricted stock units which become exercisable proportionately, on a one-on-one basis, subject to the same terms and conditions, including vesting and settlement, as the restricted stock units to which they relate. Number of shares reported in Column 9 reflects the remaining aggregate DEUs associated with restricted stock units at target.
