Brian J. Choi - 30 Dec 2025 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
Chief Executive Officer
Signature
/s/ Jean M. Sera by Power of Attorney for Brian J. Choi
Issuer symbol
CAR
Transactions as of
30 Dec 2025
Net transactions value
-$579,522
Form type
4
Filing time
02 Jan 2026, 16:01:50 UTC
Previous filing
17 Mar 2025
Next filing
11 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Choi Brian J Chief Executive Officer 379 INTERPACE PARKWAY, PARSIPPANY /s/ Jean M. Sera by Power of Attorney for Brian J. Choi 02 Jan 2026 0001665227

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Options Exercise $0 +9,645 +9.2% $0.000000 114,677 30 Dec 2025 Direct F1
transaction CAR Common Stock Tax liability $579,522 -4,498 -3.9% $128.84 110,179 30 Dec 2025 Direct F2
holding CAR Common Stock 1,735 30 Dec 2025 By IRA

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 -9,150 -100% $0.000000 0 30 Dec 2025 Common Stock 9,150 $0.000000 Direct F1, F3
transaction CAR Dividend Equivalent Units Options Exercise $0 -495 -61% $0.000000 311 30 Dec 2025 Common Stock 495 $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 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 Expiration date not applicable.
F4 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. Number of shares reported in Column 9 reflects the remaining aggregate DEUs associated with restricted stock units at target.