sellModerate cluster of 3
Pentwater Capital Management LP sold $1.0B of CAR
owner at AVIS BUDGET GROUP, INC.. 1,643,653 shares at an average of $619.35, traded Apr 22, 2026, filed May 12, 2026.
Warning score
57Value
$1.0B
1,643,653 shares
Holdings after
6,180,447
-21% from before
From 52-week low
+423%
low $84.89, close $443.94
From 52-week high
-38%
high $713.97, as of Apr 22, 2026
Score components
- +12Role10% owner
- +25Trade size$1018.0M at market
- +5Share of holdings soldSold 21% 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.
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 May 12, 2026: -30.2%SPY +5.9% · excess -36.1%
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 0000902664-26-002381, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Apr 22, 2026 | 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 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -6,689 | $702.24 | $4.7M | 7,758,882 | May 12, 2026 |
| Apr 22, 2026 | 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 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -42,774 | $648.56 | $28M | 7,706,326 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -4,888 | $648.56 | $3.2M | 7,701,438 | May 12, 2026 |
| Apr 22, 2026 | 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 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Equity Opportunities Master Fund Ltd. | -52,885 | $648.56 | $34M | 7,641,404 | May 12, 2026 |
| Apr 22, 2026 | 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 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -252,323 | $648.56 | $164M | 7,363,100 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -2,216 | $620.79 | $1.4M | 7,360,884 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -253 | $620.79 | $157k | 7,360,631 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -371 | $620.79 | $230k | 7,360,260 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Equity Opportunities Master Fund Ltd. | -2,740 | $620.79 | $1.7M | 7,357,520 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -1,346 | $620.79 | $836k | 7,356,174 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -13,074 | $620.79 | $8.1M | 7,343,100 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -65,730 | $620.50 | $41M | 7,277,370 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -7,515 | $620.50 | $4.7M | 7,269,855 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: LMA SPC for and on behalf of the MAP 98 Segregated Portfolio | -1,830 | $620.50 | $1.1M | 7,268,025 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Equity Opportunities Master Fund Ltd. | -81,269 | $620.50 | $50M | 7,186,756 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -39,926 | $620.50 | $25M | 7,146,830 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -387,730 | $620.50 | $241M | 6,759,100 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -62,790 | $588.35 | $37M | 6,696,310 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -7,176 | $588.35 | $4.2M | 6,689,134 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Equity Opportunities Master Fund Ltd. | -80,964 | $588.35 | $48M | 6,608,170 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -39,776 | $588.35 | $23M | 6,568,394 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -386,294 | $588.35 | $227M | 6,182,100 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Oceana Master Fund Ltd. | -544 | $438.74 | $239k | 6,181,556 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Credit Master Fund Ltd. | -62 | $438.74 | $27k | 6,181,494 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Pentwater Equity Opportunities Master Fund Ltd. | -702 | $438.74 | $308k | 6,180,792 | May 12, 2026 |
| Apr 22, 2026 | SOpen-market sale Common Stockindirect: Crown Managed Accounts SPC acting for and on behalf of Crown/PW Segregated Portfolio | -345 | $438.74 | $151k | 6,180,447 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $31.47 | $157 | 5 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $31.47 | $31 | 1 | May 12, 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 | $31.47 | $31 | 1 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $31.47 | $220 | 7 | May 12, 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 | $31.47 | $126 | 4 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $31.47 | $1,007 | 32 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $31.18 | $156 | 5 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $31.18 | $31 | 1 | May 12, 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 | $31.18 | $31 | 1 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $31.18 | $218 | 7 | May 12, 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 | $31.18 | $125 | 4 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $31.18 | $998 | 32 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $31.06 | $155 | 5 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $31.06 | $31 | 1 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $31.06 | $217 | 7 | May 12, 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 | $31.06 | $124 | 4 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -33 | $31.06 | $1,025 | 33 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $27.24 | $136 | 5 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $27.24 | $27 | 1 | May 12, 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 | $27.24 | $27 | 1 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $27.24 | $191 | 7 | May 12, 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 | $27.24 | $109 | 4 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $27.24 | $872 | 32 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -5 | $22.53 | $113 | 5 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Credit Master Fund Ltd. | -1 | $22.53 | $23 | 1 | May 12, 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 | $22.53 | $23 | 1 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Equity Opportunities Master Fund Ltd. | -7 | $22.53 | $158 | 7 | May 12, 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 | $22.53 | $90 | 4 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Pentwater Merger Arbitrage Master Fund Ltd. | -32 | $22.53 | $721 | 32 | May 12, 2026 |
| Apr 23, 2026 | SOpen-market sale Call Option (obligation to sell)derivativeindirect: Oceana Master Fund Ltd. | -10 | $24.34 | $243 | 10 | May 12, 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% | |
| 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% | |
| 57Moderate | AVIS BUDGET GROUP, INC. | Pentwater Capital Management LP owner | $223M 843,201 shares | -19% | |
| 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.