Bernardo Hees - 09 Mar 2025 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Mar 2025, 17:20:24 UTC
Prior SEC filing
06 Mar 2025
Next SEC filing
14 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jean M. Sera, by Power of Attorney for Bernardo Hees

Key filing fact

Bernardo Hees filed Form 4 for AVIS BUDGET GROUP, INC. (CAR) on 11 Mar 2025.

Key facts

  • This page summarizes Bernardo Hees's Form 4 filing for AVIS BUDGET GROUP, INC. (CAR).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 11 Mar 2025, 17:20.

Change

  • Previous filing in this sequence was filed on 06 Mar 2025.
  • Current net transaction value: -$289,990.

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

Reported non-derivative transactions

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

CAR transaction

Common Stock

Award

Transaction value
$0
Shares
+12,178
Change %
+2.4%
Price
$0.000000
Shares after
522,614
Date
09 Mar 2025
Ownership
See footnote
Footnotes
F1, F2
CAR transaction

Common Stock

Tax liability

Transaction value
$289,990
Shares
-3,893
Change %
-0.74%
Price
$74.49
Shares after
518,721
Date
09 Mar 2025
Ownership
See footnote
Footnotes
F2, F3
CAR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,713
Date
09 Mar 2025
Ownership
Held by NQ Deferred Compensation Plan

Reported derivative securities

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

CAR transaction Derivative

Performance Based Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-11,554
Change %
-100%
Price
$0.000000
Shares after
0
Date
09 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,554
Exercise price
$0.000000
Footnotes
F1, F4, F5
CAR transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$0
Shares
-624
Change %
-55%
Price
$0.000000
Shares after
518
Date
09 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
624
Exercise price
$0.000000
Footnotes
F1, F5, 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

Reflects shares held by the BHJH Master Trust LLC. By virtue of his position as chief investment adviser of BHJH Master Trust, Bernardo Hees may be deemed to be a beneficial owner of the securities listed.

Footnote F3

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

Footnote F4

Units vested on March 9, 2025 based on the Company's attainment of pre-established performance goals.

Footnote F5

Expiration date not applicable.

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.

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