Pentwater Capital Management LP's Form 4 filing
Avis Budget Group, Inc. (CAR) · filed Mar 20, 2026
- Accession no.
- 0000902664-26-001721
- Filed
- Mar 20, 2026, 9:30 PM ET
- Trade date
- Mar 18-19, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 8 derivative transactions. It was filed 2 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 |
| Halbower MatthewCIK 0002121021 | 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 |
|---|---|---|---|---|---|---|---|---|
| Mar 18, 2026 | Common Stock, par value $0.01 per share ("Common Stock") | XIn-the-money exerciseAcquired | +4,100 | $120.00 | +$492,000 | 4,408,500 | Indirect | |
| Mar 18, 2026 | Common Stock | XIn-the-money exerciseAcquired | +32,400 | $125.00 | +$4,050,000 | 4,440,900 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseAcquired | +508,500 | $110.00 | +$55,935,000 | 4,949,400 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseAcquired | +13,800 | $120.00 | +$1,656,000 | 4,963,200 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseAcquired | +371,700 | $125.00 | +$46,462,500 | 5,334,900 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseAcquired | +102,400 | $130.00 | +$13,312,000 | 5,437,300 | 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 |
|---|---|---|---|---|---|---|---|---|
| Mar 18, 2026 | Common Stock | XIn-the-money exerciseDisposed | −4,100 | $0.00 | $0 | 3,904 | Indirect | |
| Mar 18, 2026 | Common Stock | XIn-the-money exerciseDisposed | −32,400 | $0.00 | $0 | 4,255 | Indirect | |
| Mar 19, 2026 | Common Stock | PPurchaseAcquired | +21,100 | $24.76 | +$5,224.91 | 211 | Indirect | |
| Mar 19, 2026 | Common Stock | SSaleDisposed | −21,100 | $12.31 | −$2,597.03 | 211 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseDisposed | −508,500 | $0.00 | $0 | 12,363 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseDisposed | −13,800 | $0.00 | $0 | 3,766 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseDisposed | −371,700 | $0.00 | $0 | 538 | Indirect | |
| Mar 19, 2026 | Common Stock | XIn-the-money exerciseDisposed | −102,400 | $0.00 | $0 | 43 | 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.