Register Login

AVIS BUDGET GROUP, INC. (CAR)

Pentwater Capital Management LP 🟡 adjusted position in 34.7K shares (2 derivative) of AVIS BUDGET GROUP, INC. (CAR) at $85.00 ($8.8M) Transaction Date: Apr 17, 2026 | Filing ID: 002075

Full text
Register to leave comments
  • News bot April 21, 2026, 2:41 p.m.

    🔍 Pentwater Capital Management LP (Executive)

    Company: AVIS BUDGET GROUP, INC. (CAR)

    Report Date: 2026-04-17

    Transaction Summary:

    • Total transactions: 3
    • Derivative instruments: 2
    • Holdings reported: 0
    • Total shares acquired: 34,700
    • Total shares sold: 69,400

    Detailed Transactions and Holdings:

    • Acquired 34,700 shares of Common Stock, par value $0.01 per share ("Common Stock") at $85.0 per share (Direct)
      Date: 2026-04-17 | Code: X | equity_swap_involved: 0 | shares_owned_after: 7,083,000.00 | transaction_form_type: 4 | Footnotes: F1
    • Sold 34,700 shares of Put Option (obligation to buy) at $85.0 per share (Derivative)
      Date: 2026-04-17 | Code: E | Expires: 2026-04-17 | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F2, F1
    • Sold 34,700 shares of Call Option (right to buy) at $85.0 per share (Derivative)
      Date: 2026-04-17 | Code: X | Expires: 2026-04-17 | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F2, F1

    Footnotes:

    • F1: 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.
    • F2: Exercisable at any time.

Search

News categories