AVIS BUDGET GROUP, INC. 8-K

What Happened Avis Budget Group, Inc. announced on Form 8-K that plaintiffs Andrew Jones and Arjun Dua sought to voluntarily dismiss two shareholder derivative actions on October 22, 2025. On November 24, 2025, the U.S. District Court for the District of New Jersey ordered that notice be provided to the company’s shareholders before dismissal. The court approved a proposed notice plan, which includes the company’s Form 8-K filing attaching the Notice explaining the proposed dismissals and shareholders’ right to intervene (furnished as Exhibit 99.1).

Key Details

• Plaintiffs: Andrew Jones and Arjun Dua requested voluntary dismissal of two derivative lawsuits (request dated October 22, 2025).
• Court order: District Court for the District of New Jersey required shareholder notice on November 24, 2025.
• Notice filed: The company furnished the court-approved Notice as Exhibit 99.1 to the Form 8-K.
• Legal filing note: The Form 8-K disclosure and Exhibit 99.1 are furnished under Regulation FD and are not deemed “filed” for purposes of Section 18 of the Exchange Act, nor are they to be incorporated by reference in other SEC filings.

Why It Matters This filing informs investors of a procedural development in litigation where Avis Budget is named as a nominal defendant. The notice gives shareholders the opportunity to intervene in the cases before they are dismissed, which is a necessary step under the court’s order. The company did not disclose any settlement amounts or financial impact in this filing; the disclosure is primarily procedural and preserves shareholder rights and court requirements.