Ravi Simhambhatla - 13 Mar 2025 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
Officer
Signature
/s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla
Issuer symbol
CAR
Transactions as of
13 Mar 2025
Net transactions value
-$25,026
Form type
4
Filing time
17 Mar 2025, 17:27:23 UTC
Previous filing
14 Mar 2025
Next filing
29 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Options Exercise $0 +1,326 +11% $0.000000 13,122 13 Mar 2025 Direct F1
transaction CAR Common Stock Tax liability $25,026 -451 -3.4% $55.49 12,671 13 Mar 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAR Restricted Stock Units Options Exercise $0 -1,326 -33% $0.000000 2,653 13 Mar 2025 Common Stock 1,326 $0.000000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.
F2 Represents tax withholdings in connection with the vesting of restricted stock units.
F3 Units vest in three equal installments on March 13, 2025, 2026 and 2027.
F4 Expiration date not applicable.