Welcome to our dedicated page for Avis Budget SEC filings (Ticker: CAR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Avis Budget Group, Inc. filings document the formal disclosure record for its common stock, listed on the Nasdaq Global Select Market under CAR, and for its global rental and mobility operations. Current reports cover operating results, non-GAAP measures, rental-day, revenue-per-day, vehicle-utilization and fleet-cost metrics across the Americas and International businesses.
Material-event filings also describe fleet financing through Avis Budget Rental Car Funding (AESOP) LLC, including asset-backed notes and variable-funding facilities secured primarily by domestic rental vehicles and related assets. Proxy materials cover annual meeting votes, board elections and governance matters, while current-report disclosures address equity distribution arrangements, capital structure, shareholder voting matters and fleet strategy items.
Avis Budget Group, Inc. held its 2026 Annual Meeting of Shareholders, where six director nominees were elected to one-year terms expiring in 2027. Each nominee, including Jagdeep Pahwa and Anu Hariharan, received more than 26.6 million votes in favor, with relatively few votes against or abstentions.
Shareholders also ratified Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2026, with over 28.2 million votes in favor. On an advisory basis, shareholders approved the compensation of the named executive officers, while a shareholder proposal seeking a majority voting standard and potential meeting adjournment failed by a wide margin.
Pentwater-managed funds reported derivative sales tied to Avis Budget Group. A group of investment funds advised by Pentwater Capital Management LP filed an amended Form 4 describing open-market sales of 444 call option contracts, each representing an obligation to sell Avis common stock at specified strike prices.
The options, all expiring on May 15, 2026, have strike prices of $400, $360, $350 and $340 per share and were sold at premiums ranging from $19.68 to $24.08 per option. The trades are attributed to entities including Pentwater Merger Arbitrage Master Fund Ltd., Pentwater Equity Opportunities Master Fund Ltd., Pentwater Credit Master Fund Ltd., Oceana Master Fund Ltd., LMA SPC MAP 98 Segregated Portfolio and Crown Managed Accounts SPC.
The filing amends and restates prior footnotes and states that the reporting persons disclaim beneficial ownership beyond their pecuniary interest. It also notes they are in discussions with Avis Budget Group and will voluntarily pay any realized short swing profits to the extent required under Section 16(b).
AVIS BUDGET GROUP, INC. (CAR) reported amended insider activity related to funds managed by Pentwater Capital Management LP. On April 23, 2026, these funds executed 30 open-market sales of call options on CAR common stock, totaling 792 option contracts, at prices ranging from $24.08 to $51.85 per contract.
The options are “call options (obligation to sell)” with exercise prices between $280 and $340 and expiration dates on May 15, 2026 and June 18, 2026. The filing states the reporting persons are in discussions with the issuer and will voluntarily pay any realized short swing profits required under Section 16(b).
Avis Budget Group, Inc. received an amended insider report from Pentwater-affiliated entities detailing derivative sales tied to its stock. Pentwater Capital Management LP and Matthew Halbower, each a ten percent owner, filed a Form 4/A covering call option positions held by various Pentwater-managed funds.
On April 23, 2026, these funds executed 30 open-market sales of call options referencing Avis Budget Group common stock, totaling 307 call option contracts. Sale prices ranged from $10.21 to $46.96 per contract, with conversion or exercise prices between $250 and $300 and expirations in April 2026 and June 2026. Footnotes state the trades were made by specific funds, such as Pentwater Merger Arbitrage Master Fund Ltd., Oceana Master Fund Ltd., and others, and that the options are exercisable at any time.
The reporting persons disclaim beneficial ownership beyond their pecuniary interest, if any. They also note they are in discussions with Avis Budget Group and, to the extent required under Section 16(b), will voluntarily pay any realized short swing profits.
Pentwater-managed funds reported significant selling in Avis Budget Group on April 23, 2026. Funds advised by Pentwater Capital Management sold 843,201 shares of Avis Budget Group common stock at a price of $264.60 per share in open-market transactions. After these stock sales, the filing shows indirect holdings of 3,485,000 common shares.
The same day, affiliated funds also sold exchange-traded call options described as an obligation to sell Avis common stock, at strike prices ranging from $220.00 to $270.00 per share and expiring on April 24, 2026. The filing attributes trades to specific funds such as Pentwater Merger Arbitrage Master Fund Ltd. and Oceana Master Fund Ltd., with Pentwater and Matthew Halbower disclaiming beneficial ownership beyond any pecuniary interest. The reporting persons note they are in discussions with Avis Budget Group and state they will voluntarily pay any realized short swing profits to the issuer to the extent required under Section 16(b).
Pentwater Capital Management LP and Matthew Halbower, as reporting persons for various Pentwater funds, reported a series of open-market sales of Avis Budget Group (CAR) common stock. Across April 22–23 2026, the funds sold an aggregate of about 1,852,642 shares.
The common stock sales occurred at prices including $438.74 per share on April 22 2026 and in ranges such as $250.61–$290.38 per share on April 23 2026. In addition, the funds sold multiple call options (obligations to sell) on Avis Budget common stock with strike prices between $220 and $310 per share, collecting option premiums such as $20.06–$30.28 per option and creating obligations on specified numbers of underlying shares.
All positions are reported as indirect holdings by named funds including Pentwater Merger Arbitrage Master Fund Ltd., Pentwater Equity Opportunities Master Fund Ltd., Pentwater Credit Master Fund Ltd., Oceana Master Fund Ltd., Crown Managed Accounts SPC and LMA SPC. The reporting persons disclaim beneficial ownership beyond their pecuniary interest and state they are in discussions with Avis Budget Group and will voluntarily pay any realized short swing profits to the extent required under Section 16(b).
Pentwater-managed funds reported significant open-market sales of Avis Budget Group common stock and related call options. On April 22, 2026, various funds advised by Pentwater Capital Management sold an aggregate of 1,643,913 shares of Common Stock at prices ranging from $438.74 to $702.24 per share, leaving combined indirect holdings of about 7.8 million shares across the funds noted in the filing.
On April 23, 2026, the same fund complex recorded multiple sales of Call Options (obligation to sell) on Avis Budget common stock, with exercise prices between $260.00 and $320.00 and expirations in early May 2026. All positions are held indirectly by entities such as Pentwater Merger Arbitrage Master Fund Ltd., Oceana Master Fund Ltd., and others, not by Pentwater Capital Management LP or Matthew Halbower personally.
The footnotes state that Pentwater Capital Management LP and Matthew Halbower each disclaim beneficial ownership except to the extent of any pecuniary interest. They also note that the reporting persons are in discussions with Avis Budget Group and, if required under Section 16(b), will voluntarily pay any realized short swing profits, and that this amended Form 4 restates prior footnotes.
Jane Street Group, LLC and affiliated entities reported beneficial ownership of 75,179 shares of Avis Budget Group, Inc. The position represents 0.2% of the class as disclosed for the reporting period ending 03/31/2026. The filing shows shared voting and dispositive power of 75,179 shares across the reporting entities.
Avis Budget Group, Inc.: Schedule 13G/A amendment reporting a passive ownership stake. Pentwater Capital Management and Matthew Halbower report beneficial ownership of 2,590,000 shares, representing 7.3% of common stock based on 35,324,986 shares outstanding as of April 22, 2026. The shares are held by the Pentwater Funds; shared voting and dispositive power are reported. The filing clarifies ownership and attribution by the Investment Manager and Mr. Halbower.
Avis Budget Group, Inc. amended and extended its Avis Budget Rental Car Funding (AESOP) LLC asset-backed variable-funding facilities that help finance its U.S. car rental fleet. The Series 2010-6 Notes facility’s aggregate amount (excluding Class R Notes) rose from approximately $2.227 billion to $2.628 billion, and the Series 2015-3 Notes facility increased from approximately $109 million to $132 million. These higher limits will be reduced by $438 million and $22 million, respectively, on November 1, 2026. The Class A notes for both series have a two-year term, while the Class B notes for both series have a one-year term.