Trade Summary

3 weeks ago, Pentwater Capital Management LP, serving as 10% owner at Avis Budget Group, Inc. (CAR), sold 1,643,653 shares at $619.35 per share, for a total transaction value of $1,018,003,147.00. Following this transaction, Pentwater Capital Management LP now holds 45,939,985 shares of CAR.

This sale represents a 3.00% decrease in Pentwater Capital Management LP's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, April 22, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, May 12, 2026, 20 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.