sellModerate cluster of 3
Pentwater Capital Management LP sold $223M of CAR
owner at AVIS BUDGET GROUP, INC.. 843,201 shares at an average of $264.60, traded Apr 23, 2026, filed Apr 28, 2026.
Warning score
57Value
$223M
843,201 shares
Holdings after
3,485,000
-19% from before
From 52-week low
+165%
low $86.31, close $229.14
From 52-week high
-68%
high $713.97, as of Apr 23, 2026
Score components
- +12Role10% owner
- +25Trade size$223.1M at market
- +5Share of holdings soldSold 19% of holdings
- +15Cluster3 insiders selling within 14 days
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -3.9%, 3m -8.6%, 6m -.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
CAROct 12, 2026 · close 105.10
Since filing Apr 28, 2026: -42.3%SPY +9.9% · excess -52.1%
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0000902664-26-002184, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Apr 23, 2026 | 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 | 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 | 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 | 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 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $20.06 | $642 | 32 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -10 | $19.97 | $200 | 10 | Apr 28, 2026 |
| Apr 23, 2026 | 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 | 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 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -14 | $19.97 | $280 | 14 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -8 | $19.97 | $160 | 8 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -64 | $19.97 | $1,278 | 64 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $22.66 | $113 | 5 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $22.66 | $23 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -1 | $22.66 | $23 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $22.66 | $159 | 7 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $22.66 | $91 | 4 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $22.66 | $725 | 32 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $19.06 | $95 | 5 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $19.06 | $19 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $19.06 | $133 | 7 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $19.06 | $76 | 4 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -33 | $19.06 | $629 | 33 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $21.08 | $105 | 5 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $21.08 | $21 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -1 | $21.08 | $21 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $21.08 | $148 | 7 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -4 | $21.08 | $84 | 4 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $21.08 | $675 | 32 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $17.22 | $86 | 5 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $17.22 | $17 | 1 | Apr 28, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -1 | $17.22 | $17 | 1 | Apr 28, 2026 |
Related signals
Other insiders at AVIS BUDGET GROUP, INC. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 40Moderate | CARsell AVIS BUDGET GROUP, INC. | Ravi Simhambhatla EVP, CDIO - see remarks | $653k 4,702 shares | -20% | |
| 57Moderate | AVIS BUDGET GROUP, INC. | Pentwater Capital Management LP owner | $1.0B 1,643,653 shares | -21% | |
| 62Notable | AVIS BUDGET GROUP, INC. | Pentwater Capital Management LP owner | $511M 1,852,246 shares | -30% | |
| 57Moderate | AVIS BUDGET GROUP, INC. | Pentwater Capital Management LP owner | $223M 843,201 shares | -19% | |
| 60Notable | AVIS BUDGET GROUP, INC. | Edward P Linnen EVP, Chief HR Officer | $1.7M 9,483 shares | -20% | |
| 55Moderate | AVIS BUDGET GROUP, INC. | Ravi Simhambhatla EVP, CDIO - see remarks | $639k 3,469 shares | -20% | |
| 57Moderate | AVIS BUDGET GROUP, INC. | Pentwater Capital Management LP owner | $1.0B 1,643,653 shares | -21% | |
| 62Notable | AVIS BUDGET GROUP, INC. | Pentwater Capital Management LP owner | $511M 1,852,246 shares | -30% | |
| 47Moderate | CARsell AVIS BUDGET GROUP, INC. | Lynn Krominga director | $179k 1,950 shares | -100% | |
| 43Moderate | CARbuy AVIS BUDGET GROUP, INC. | Pentwater Capital Management LP owner | $40M 425,000 shares | +12% |
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.