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

Reporting relationship: EVP, Chief Digital & Innovation Officer
Issuer ticker: CAR
Reported as of: 26 Jul 2025
Net transaction value: -$151,577
SEC form: 4
Accepted by SEC: 29 Jul 2025, 18:09:53 UTC
Prior SEC filing: 17 Mar 2025
Next SEC filing: 11 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla

Key filing fact

Ravi Simhambhatla filed Form 4 for AVIS BUDGET GROUP, INC. (CAR) on 29 Jul 2025.

Key facts

This page summarizes Ravi Simhambhatla's Form 4 filing for AVIS BUDGET GROUP, INC. (CAR).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 29 Jul 2025, 18:09.

Change

Previous filing in this sequence was filed on 17 Mar 2025.
Current net transaction value: -$151,577.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001934960 Primary reporting owner

Simhambhatla Ravi

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CAR transaction

Common Stock

Award

Transaction value: $0
Shares: +2,335
Change %: +18%
Price: $0.000000
Shares after: 15,006
Date: 26 Jul 2025
Ownership: Direct
Footnotes: F1

CAR transaction

Common Stock

Tax liability

Transaction value: $151,577
Shares: -733
Change %: -4.9%
Price: $206.79
Shares after: 14,273
Date: 26 Jul 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CAR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -507
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 26 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 507
Exercise price: $0.000000
Footnotes: F1, F3, F4

CAR transaction Derivative

Performance Based Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,709
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 26 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,709
Exercise price: $0.000000
Footnotes: F1, F4, F5

CAR transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -119
Change %: -10%
Price: $0.000000
Shares after: 1,068
Date: 26 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 119
Exercise price: $0.000000
Footnotes: F1, F4, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote F2

Represents tax withholdings in connection with the vesting of restricted stock units.

Footnote F3

Units vested in three equal installments on July 26, 2023, 2024 and 2025.

Footnote F4

Expiration date not applicable.

Footnote F5

Units vested on July 26, 2025 based on the Company's attainment of pre-established performance goals.

Footnote 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.

SEC remarks

EVP, Chief Digital & Innovation Officer