Pentwater Capital Management LP 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 5, 2026
Insider Transaction Report
Form 4
Pentwater Capital Management LP
10% Owner
Transactions
- Purchase
Call Option (right to buy)
[F2][F1]2026-03-03$21.24/sh+2,000$42,482→ 3,550 total(indirect: See footnote)Exercise: $85.00Exp: 2026-09-18→ Common Stock, par value $0.01 per share ("Common Stock") (200,000 underlying) - Sale
Put Option (obligation to buy)
[F2][F1]2026-03-03$10.95/sh−2,000$21,897→ 3,550 total(indirect: See footnote)Exercise: $85.00Exp: 2026-09-18→ Common Stock (200,000 underlying) - Purchase
Call Option (right to buy)
[F2][F1]2026-03-04$23.02/sh+500$11,511→ 4,050 total(indirect: See footnote)Exercise: $85.00Exp: 2026-09-18→ Common Stock (50,000 underlying) - Sale
Put Option (obligation to buy)
[F2][F1]2026-03-04$9.77/sh−500$4,887→ 4,050 total(indirect: See footnote)Exercise: $85.00Exp: 2026-09-18→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]This Form 4 is filed by Pentwater Capital Management LP ("PCM") and Matthew Halbower ("Mr. Halbower") (collectively, the "Reporting Persons") with respect to securities held by certain funds (the "Pentwater Funds") to which PCM serves as investment adviser. Mr. Halbower is the sole shareholder of MCH PWCM Holdings Inc., the general partner of PCM. Each of the foregoing disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Exercisable at any time.