Trade Summary

1 week ago, Pentwater Capital Management LP, serving as 10% owner at Avis Budget Group, Inc. (CAR), sold 1,852,246 shares at $275.84 per share, for a total transaction value of $510,915,938.00. Following this transaction, Pentwater Capital Management LP now holds 27,286,495 shares of CAR.

This sale represents a 6.00% decrease in Pentwater Capital Management LP's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, April 22, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, April 28, 2026, 6 days after the trade was made.

Avis Budget Group, Inc. operates in the INDUSTRIALS sector, specifically within the RENTAL & LEASING SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.