Joseph A. Ferraro - 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, 17:24:06 UTC
Prior SEC filing
15 Mar 2024
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 Joseph Ferraro

Key filing fact

Joseph A. Ferraro filed Form 4 for AVIS BUDGET GROUP, INC. (CAR) on 11 Mar 2025.

Key facts

  • This page summarizes Joseph A. Ferraro's Form 4 filing for AVIS BUDGET GROUP, INC. (CAR).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 11 Mar 2025, 17:24.

Change

  • Previous filing in this sequence was filed on 15 Mar 2024.
  • Current net transaction value: -$758,457.

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

Options Exercise

Transaction value
$0
Shares
+24,898
Change %
+9.5%
Price
$0.000000
Shares after
286,517
Date
09 Mar 2025
Ownership
Direct
Footnotes
F1
CAR transaction

Common Stock

Tax liability

Transaction value
$758,457
Shares
-10,182
Change %
-3.6%
Price
$74.49
Shares after
276,335
Date
09 Mar 2025
Ownership
Direct
Footnotes
F2
CAR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,476
Date
09 Mar 2025
Ownership
By 401(k)

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
-15,020
Change %
-100%
Price
$0.000000
Shares after
0
Date
09 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,020
Exercise price
$0.000000
Footnotes
F1, F3, F4
CAR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,451
Change %
-100%
Price
$0.000000
Shares after
0
Date
09 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,451
Exercise price
$0.000000
Footnotes
F1, F4, F5
CAR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,150
Change %
-50%
Price
$0.000000
Shares after
4,150
Date
09 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,150
Exercise price
$0.000000
Footnotes
F1, F4, F6
CAR transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$0
Shares
-1,277
Change %
-40%
Price
$0.000000
Shares after
1,888
Date
09 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,277
Exercise price
$0.000000
Footnotes
F1, F4, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 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 on March 9, 2025 based on the Company's attainment of pre-established financial performance goals.

Footnote F4

Expiration date not applicable.

Footnote F5

Units vested in three equal installments on March 9, 2023, 2024 and 2025.

Footnote F6

Units vest in three equal installments on March 9, 2024, 2025 and 2026.

Footnote F7

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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