Pentwater Capital Management LP bought CAR

March 18, 2026 · Form 4 insider transaction

Pentwater Capital Management LP bought 4,100 shares of Avis Budget Group, Inc. at $120.00 per share, a transaction worth $492.0K. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Acquired (buy-side)
Shares
4,100
Price
$120.00
Total value
$492.0K
Role
SecurityCommon Stock, par value $0.01 per share ("Common Stock")
Transaction codeX: Exercise of in-the-money option
Transaction dateMarch 18, 2026
Filing dateMarch 20, 2026
Shares owned after4,408,500
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

This Form 4 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") 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 on this Form 4 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 Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

View the original Form 4 on SEC EDGAR
Pentwater Capital Management LP bought CAR: March 18, 2026 | Insider Trading Screener