Pentwater Capital Management LP sold CAR

April 23, 2026 · Form 4 insider transaction

Pentwater Capital Management LP sold 193 shares of Avis Budget Group, Inc. at $22.54 per share, a transaction worth $4.4K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 5 days after the transaction.

Direction
Disposed (sell-side)
Shares
193
Price
$22.54
Total value
$4.4K
Role
SecurityCall Option (obligation to sell)
Transaction codeS: Open-market sale
Transaction dateApril 23, 2026
Filing dateApril 28, 2026
Shares owned after193
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Exercisable at any time.; 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"), including the funds named herein, 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 person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.; Trades by Pentwater Merger Arbitrage Master Fund Ltd., of which sales of 49,000 shares of Common Stock reported herein are matchable, for purposes of Section 16(b) of the Securities Exchange Act of 1934, as amended, against Pentwater Merger Arbitrage Master Fund Ltd.'s deemed purchases of (i) 30,000 shares of Common Stock on March 6, 2026, and (ii) 19,000 shares of Common Stock on March 9, 2026. The Reporting Persons are engaged in discussion with the Issuer and have agreed to voluntarily disgorge to the Issuer any short-swing profits realized from these matchable transactions in accordance with Section 16(b) of the Securities Exchange Act of 1934, as amended.

View the original Form 4 on SEC EDGAR