Insider · CIK 0001425851
Pentwater Capital Management LP
owner
Files at CAR (AVIS BUDGET GROUP, INC.). First filing Feb 24, 2026, latest Apr 28, 2026.
Pentwater Capital Management LP files SEC Form 4 as 10% owner at CAR (AVIS BUDGET GROUP, INC.). Since Feb 24, 2026, Pentwater Capital Management LP has reported 1 open-market buy worth $40M and 3 open-market sells worth $1.8B, the latest filed on Apr 28, 2026.
A track record needs three past buys with six months of prices behind them; Pentwater Capital Management LP has 0, so none is measured yet.
The newest scored trade: sold $1.0B of CAR on Apr 22, 2026, filed Apr 28, 2026, scored 57 (moderate). In the last 12 months: 1 buy worth $40M and 3 sells worth $1.8B.
Track record
Not enough history
Fewer than three past buys with six months of prices.
Median 6-month excess
-
after past buys, n = 0
Hit rate
-
past buys that beat the index over 6 months
Open-market trades
1 / 3
$40M bought, $1.8B sold
Where the trades landed
Last year at the company this insider has traded most, with each buy and sell on the bar it happened.
CAR: AVIS BUDGET GROUP, INC.
CAROct 9, 2026 · close 105.98
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™
Signals
This insider’s open-market buys and sells, scored.
| Score | Company | Value | Holdings | Price context | Filed |
|---|---|---|---|---|---|
| 57Moderate | AVIS BUDGET GROUP, INC. | $1.0B 1,643,653 shares | -21% | +423% from low-38% from high | |
| 62Notable | AVIS BUDGET GROUP, INC. | $511M 1,852,246 shares | -30% | +423% from low-38% from high | |
| 57Moderate | AVIS BUDGET GROUP, INC. | $223M 843,201 shares | -19% | +165% from low-68% from high | |
| 43Moderate | CARbuy AVIS BUDGET GROUP, INC. | $40M 425,000 shares | +12% | +74% from low-54% from high |
Transactions
The newest 50 of 320 rows this insider has filed.
| Date | Company | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|---|
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stock, par value $0.01 per share ("Common Stock")indirect: Oceana Master Fund Ltd. | -58,529 | $702.24 | $41M | 7,765,571 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $17.22 | $121 | 7 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -3,347 | $438.74 | $1.5M | 6,177,100 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -1 | $24.08 | $24 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $28.75 | $115 | 4 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -843,201 | $264.60 | $223M | 3,485,000 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $28.75 | $920 | 32 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -1 | $20.06 | $20 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -7,602 | $257.31 | $2.0M | 6,169,498 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $17.22 | $69 | 4 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $24.08 | $169 | 7 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -6,689 | $702.24 | $4.7M | 7,758,882 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -9,782 | $702.24 | $6.9M | 7,749,100 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $24.08 | $96 | 4 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -869 | $257.31 | $224k | 6,168,629 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -10 | $34.34 | $343 | 10 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $17.22 | $551 | 32 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $20.06 | $140 | 7 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -145 | $257.31 | $37k | 6,168,484 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -10 | $10.21 | $102 | 10 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $20.06 | $80 | 4 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -42,774 | $648.56 | $28M | 7,706,326 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -2 | $34.34 | $69 | 2 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $24.08 | $771 | 32 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -2 | $34.34 | $69 | 2 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Equity Opportunities Master Fund Ltd. | -9,802 | $257.31 | $2.5M | 6,158,682 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $21.33 | $107 | 5 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $20.06 | $642 | 32 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -4,888 | $648.56 | $3.2M | 7,701,438 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -2 | $10.21 | $20 | 2 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4,815 | $257.31 | $1.2M | 6,153,867 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -7,149 | $648.56 | $4.6M | 7,694,289 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $21.33 | $21 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -14 | $34.34 | $481 | 14 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -2 | $10.21 | $20 | 2 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -10 | $19.97 | $200 | 10 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -46,767 | $257.31 | $12M | 6,107,100 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $21.33 | $149 | 7 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -8 | $34.34 | $275 | 8 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -14 | $10.21 | $143 | 14 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Equity Opportunities Master Fund Ltd. | -52,885 | $648.56 | $34M | 7,641,404 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -2 | $19.97 | $40 | 2 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -22,806 | $250.61 | $5.7M | 6,084,294 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -8 | $10.21 | $82 | 8 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -64 | $34.34 | $2,198 | 64 | Apr 28, 2026 |
| Apr 22, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -25,981 | $648.56 | $17M | 7,615,423 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $21.33 | $85 | 4 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -2 | $19.97 | $40 | 2 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -2,606 | $250.61 | $653k | 6,081,688 | Apr 28, 2026 |
| Apr 23, 2026 | CAR AVIS BUDGET GROUP, INC. | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -14 | $19.97 | $280 | 14 | Apr 28, 2026 |
50 of 320 rows shown.
Questions about Pentwater Capital Management LP
Answered from the filings on this page, as of the latest one.
Is Pentwater Capital Management LP buying or selling?
In the last 12 months Pentwater Capital Management LP reported 1 open-market buy worth $40M and 3 open-market sells worth $1.8B on SEC Form 4; the latest was sold $1.0B of CAR on Apr 22, 2026. Grants, option exercises and tax withholding are not counted.
How did Pentwater Capital Management LP's past buys perform?
Not measured yet. InsiderTell needs three past buys with six months of prices to publish a track record, and Pentwater Capital Management LP has 0.
Where does Pentwater Capital Management LP file Form 4?
Pentwater Capital Management LP has filed Form 4 at CAR (AVIS BUDGET GROUP, INC.). A Form 4 is required of officers, directors and holders of more than 10% of a share class within two business days of a trade.
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.