Trade Summary

2 weeks ago, Pentwater Capital Management LP, serving as 10% owner at Avis Budget Group, Inc. (CAR), sold 843,201 shares at $264.60 per share, for a total transaction value of $223,110,985.00. Following this transaction, Pentwater Capital Management LP now holds 3,485,000 shares of CAR.

This sale represents a 19.00% 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 Thursday, April 23, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, May 12, 2026, 19 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.