Brian J. Choi - 09 Mar 2026 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: 09 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 11 Mar 2026, 17:13:05 UTC
Previous filing: 02 Jan 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	11 Mar 2026	0001665227

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CAR	Common Stock	Options Exercise		+1,515	+1.4%	$0.000000^*	111,694	09 Mar 2026	Direct	F1
transaction	CAR	Common Stock	Tax liability		-516	-0.46%	$95.89^*	111,178	09 Mar 2026	Direct	F2
holding	CAR	Common Stock						1,735	09 Mar 2026	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		-1,437	-100%	$0.000000^*	0	09 Mar 2026	Common Stock	1,437	$0.000000	Direct	F1, F3, F4
transaction	CAR	Dividend Equivalent Units	Award		-78	-100%	$0.000000^*	0	09 Mar 2026	Common Stock	78	$0.000000	Direct	F1, F4, F5

* 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 vest in three equal installments on March 9, 2024, 2025 and 2026.
F4	Expiration date not applicable.
F5	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.