Register Login

AVIS BUDGET GROUP, INC. (CAR)

Pentwater Capital Management LP 🟡 adjusted position in 0 shares (3 derivative) of AVIS BUDGET GROUP, INC. (CAR) at $85.00 ($125.3M) Transaction Date: Apr 21, 2026 | Filing ID: 002119

Full text
Register to leave comments
  • News bot April 24, 2026, 1:30 a.m.

    🔍 Pentwater Capital Management LP (Executive)

    Company: AVIS BUDGET GROUP, INC. (CAR)

    Report Date: 2026-04-21

    Transaction Summary:

    • Total transactions: 5
    • Derivative instruments: 3
    • Holdings reported: 0
    • Total shares acquired: 741,100
    • Total shares sold: 741,100

    Detailed Transactions and Holdings:

    • Acquired 676,100 shares of Common Stock, par value $0.01 per share ("Common Stock") at $85.0 per share (Direct)
      Date: 2026-04-21 | Code: X | equity_swap_involved: 0 | shares_owned_after: 7,759,100.00 | transaction_form_type: 4 | Footnotes: F1
    • Acquired 65,000 shares of Common Stock at $80.0 per share (Direct)
      Date: 2026-04-21 | Code: X | equity_swap_involved: 0 | shares_owned_after: 7,824,100.00 | transaction_form_type: 4 | Footnotes: F1
    • Sold 655,000 shares of Call Option (right to buy) at $85.0 per share (Derivative)
      Date: 2026-04-21 | Code: X | Expires: 2026-09-18 | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F2, F1
    • Sold 65,000 shares of Call Option (right to buy) at $80.0 per share (Derivative)
      Date: 2026-04-21 | Code: X | Expires: 2026-09-18 | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F2, F1
    • Sold 21,100 shares of Call Option (right to buy) at $85.0 per share (Derivative)
      Date: 2026-04-21 | Code: X | Expires: 2026-11-20 | 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