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Pentwater Capital Management LP's Form 4/A amendment

Amended

Avis Budget Group, Inc.CAR · filed May 12, 2026

Accession no.
0000902664-26-002385
Filed
May 12, 2026, 3:51 PM ET
Trade date
Apr 23, 2026
Filing delay
19 days
Rule 10b5-1 plan
Not checked
Original filed
Apr 28, 2026

This filing lists 30 derivative transactions. It was filed 19 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.

Reporting owners on this filing
OwnerRelationship to the company
Pentwater Capital Management LPCIK 000142585110% Owner
Halbower MatthewCIK 000212102110% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

This filing has no transactions of this kind.

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Apr 23, 2026Common StockSSaleDisposed−700$17.22−$120.547IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−400$17.22−$68.884IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−3,200$17.22−$551.0432IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−1,000$10.21−$102.110IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−200$10.21−$20.422IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−200$10.21−$20.422IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−1,400$10.21−$142.9414IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−800$10.21−$81.688IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−6,400$10.21−$653.4464IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−500$46.96−$234.85IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−100$46.96−$46.961IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−100$46.96−$46.961IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−700$46.96−$328.727IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−400$46.96−$187.844IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−3,200$46.96−$1,502.7232IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−500$42.67−$213.355IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−100$42.67−$42.671IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−700$42.67−$298.697IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−400$42.67−$170.684IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−3,300$42.67−$1,408.1133IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−500$36.53−$182.655IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−100$36.53−$36.531IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−100$36.53−$36.531IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−700$36.53−$255.717IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−400$36.53−$146.124IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−3,200$36.53−$1,168.9632IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−500$28.75−$143.755IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−100$28.75−$28.751IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−100$28.75−$28.751IndirectDuplicate filing
Apr 23, 2026Common StockSSaleDisposed−700$28.75−$201.257IndirectDuplicate filing

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

This Form 4/A 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"), including the funds named herein, 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 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 person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Reporting Persons are in discussions with the Issuer and, to the extent required pursuant to Section 16(b), will voluntarily pay any realized short swing profits. The Reporting Persons are filing this Form 4/A solely to amend and restate footnotes 2-8 of the Form 4 as follows.

F2

Trades by Oceana Master Fund Ltd.

F3

Trades by Pentwater Credit Master Fund Ltd.

F4

Trades by LMA SPC for and on behalf of the MAP 98 Segregated Portfolio.

F5

Trades by Pentwater Equity Opportunities Master Fund Ltd.

F6

Trades by Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio.

F7

Trades by Pentwater Merger Arbitrage Master Fund Ltd.

F8

Exercisable at any time.

Remarks

Because of the SEC Form 4 filing limitation of 30 transactions per form, this Form 4 is being split into 6 forms. This is form 4 of 6.

Read the full filing on SEC EDGAR (opens in a new tab)