Pentwater Capital Management LP's Form 4 filing
Avis Budget Group, Inc. (CAR) · filed Feb 24, 2026
- Accession no.
- 0000902664-26-001278
- Filed
- Feb 24, 2026
- Trade date
- Feb 20-24, 2026
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 9 derivative transactions. Open-market purchases total $40.1M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Pentwater Capital Management LPCIK 0001425851 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 20, 2026 | Common Stock, par value ("Common Stock") | PPurchaseAcquired | +425,000 | $94.26 | +$40,060,500 | 3,987,100 | Indirect | |
| Feb 23, 2026 | Common Stock | XIn-the-money exerciseAcquired | +12,600 | $125.00 | +$1,575,000 | 3,999,700 | Indirect | |
| Feb 23, 2026 | Common Stock | XIn-the-money exerciseAcquired | +67,500 | $130.00 | +$8,775,000 | 4,067,200 | Indirect | |
| Feb 23, 2026 | Common Stock | XIn-the-money exerciseAcquired | +5,100 | $150.00 | +$765,000 | 4,072,300 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 23, 2026 | Common Stock | PPurchaseAcquired | +34,700 | $8.88 | +$3,081.36 | 347 | Indirect | |
| Feb 23, 2026 | Common Stock | SSaleDisposed | −34,700 | $5.88 | −$2,040.36 | 347 | Indirect | |
| Feb 23, 2026 | Common Stock | XIn-the-money exerciseDisposed | −12,600 | $0.00 | $0 | 6,667 | Indirect | |
| Feb 23, 2026 | Common Stock | XIn-the-money exerciseDisposed | −67,500 | $0.00 | $0 | 1,875 | Indirect | |
| Feb 23, 2026 | Common Stock | XIn-the-money exerciseDisposed | −5,100 | $0.00 | $0 | 3 | Indirect | |
| Feb 23, 2026 | Common Stock | JOtherAcquired | +55,000 | – | – | 1,888,910 | Indirect | |
| Feb 24, 2026 | Common Stock | JOtherDisposed | −200 | – | – | 0 | Indirect | |
| Feb 24, 2026 | Common Stock | PPurchaseAcquired | +65,000 | $20.29 | +$13,188.5 | 650 | Indirect | |
| Feb 24, 2026 | Common Stock | SSaleDisposed | −65,000 | $9.79 | −$6,363.5 | 650 | Indirect |
Footnotes
Livermore does not store Form 4 footnotes. For price ranges, how indirect holdings are held and trading plan details, read the original on SEC EDGAR.