Ravi Simhambhatla - Jul 26, 2025 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
EVP, Chief Digital & Innovation Officer
Signature
/s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla
Stock symbol
CAR
Transactions as of
Jul 26, 2025
Transactions value $
-$151,577
Form type
4
Date filed
7/29/2025, 06:09 PM
Previous filing
Mar 17, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Simhambhatla Ravi EVP, Chief Digital & Innovation Officer AVIS BUDGET GROUP, INC., 379 INTERPACE PARKWAY, PARSIPPANY /s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla 2025-07-29 0001934960

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Award $0 +2.34K +18.43% $0.00 15K Jul 26, 2025 Direct F1
transaction CAR Common Stock Tax liability -$152K -733 -4.88% $206.79 14.3K Jul 26, 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 -507 -100% $0.00 0 Jul 26, 2025 Common Stock 507 $0.00 Direct F1, F3, F4
transaction CAR Performance Based Restricted Stock Units Options Exercise $0 -1.71K -100% $0.00 0 Jul 26, 2025 Common Stock 1.71K $0.00 Direct F1, F4, F5
transaction CAR Dividend Equivalent Units Options Exercise $0 -119 -10.03% $0.00 1.07K Jul 26, 2025 Common Stock 119 $0.00 Direct F1, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units and dividend equivalent units which automatically convert to Common Stock upon the vesting and settlement of such units on a one-to-one basis.
F2 Represents tax withholdings in connection with the vesting of restricted stock units.
F3 Units vested in three equal installments on July 26, 2023, 2024 and 2025.
F4 Expiration date not applicable.
F5 Units vested on July 26, 2025 based on the Company's attainment of pre-established performance goals.
F6 Represents dividend equivalent units ("DEUs") accrued on restricted stock units and performance-based restricted stock units which become exercisable proportionately, on a one-on-one basis, subject to the same terms and conditions, including vesting and settlement, as the restricted stock units to which they relate. The number of shares in Column 5 includes DEUs that vested with respect to performance-based restricted stock units at the actual achievement level. Number of shares reported in Column 9 reflects the remaining aggregate DEUs associated with restricted stock units at target.

Remarks:

EVP, Chief Digital & Innovation Officer