Bernardo Hees - 20 Feb 2026 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role: Director
Signature: /s/ Jean M. Sera, by Power of Attorney for Bernardo Hees
Issuer symbol: CAR
Transactions as of: 20 Feb 2026
Net transactions value: +$250,050
Form type: 4
Filing time: 24 Feb 2026, 18:02:06 UTC
Previous filing: 06 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hees Bernardo	Director	379 INTERPACE PARKWAY, PARSIPPANY	/s/ Jean M. Sera, by Power of Attorney for Bernardo Hees	24 Feb 2026	0001552354

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CAR	Common Stock	Award	$250,050	+2,592	+2.2%	$96.47	119,113	20 Feb 2026	See footnote	F1, F2
holding	CAR	Common Stock						3,713	20 Feb 2026	Held by NQ Deferred Compensation Plan

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units awarded as part of the Company's non-employee director compensation program. Units automatically convert to Common Stock upon vesting on a one-to-one basis. Award will fully vest on the one-year anniversary of the date of grant.
F2	Reflects 2,592 shares held in the Bernardo Vieira Hees Revocable Trust (the "BVH Trust") and 116, 521 shares held by the BHJH Master Trust LLC ("the BHJH Trust"). By virtue of his position as trustee of the BVH Trust and chief investment advisor of BHJH Trust, Bernardo Hees may be deemed to be a beneficial owner of the securities listed.