PENTWATER CAPITAL MANAGEMENT LP reported 6 transactions at AVIS BUDGET GROUP, INC.
Review the transaction codes below to understand the nature of each event.
Common Stock, par value $0.01 per share ("Common Stock")
Shares
+4.10K
Price / share
$120.00
Trade value
$492K
% of position
Common Stock
Shares
+32.40K
Price / share
$125.00
Trade value
$4.05M
% of position
Common Stock
Shares
+508.50K
Price / share
$110.00
Trade value
$55.94M
% of position
Common Stock
Shares
+13.80K
Price / share
$120.00
Trade value
$1.66M
% of position
Common Stock
Shares
+371.70K
Price / share
$125.00
Trade value
$46.46M
% of position
Common Stock
Shares
+102.40K
Price / share
$130.00
Trade value
$13.31M
% of position
Net shares
+1.03M
Net value
$121.91M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share ("Common Stock") Indirect | 3/18/2026 | X · X | +4.10K | $120.00 | $492K | 0.1% | 4.40M | 4.41M |
| Common Stock Indirect | 3/18/2026 | X · X | +32.40K | $125.00 | $4.05M | 0.7% | 4.41M | 4.44M |
| Common Stock Indirect | 3/19/2026 | X · X | +508.50K | $110.00 | $55.94M | 11.5% | 4.44M | 4.95M |
| Common Stock Indirect | 3/19/2026 | X · X | +13.80K | $120.00 | $1.66M | 0.3% | 4.95M | 4.96M |
| Common Stock Indirect | 3/19/2026 | X · X | +371.70K | $125.00 | $46.46M | 7.5% | 4.96M | 5.33M |
| Common Stock Indirect | 3/19/2026 | X · X | +102.40K | $130.00 | $13.31M | 1.9% | 5.33M | 5.44M |
| Total | +1.03M | $121.91M | ||||||
Put Option (obligation to buy)
Common Stock
4.10K shares
Shares
−41.00
Strike price
120
Held after
3.90K
Exercisable
—
Put Option (obligation to buy)
Common Stock
32.40K shares
Shares
−324.00
Strike price
125
Held after
4.25K
Exercisable
—
Call Option (right to buy)
Common Stock
21.10K shares
Shares
+211.00
Strike price
85
Held after
211.00
Exercisable
—
Put Option (obligation to buy)
Common Stock
21.10K shares
Shares
−211.00
Strike price
85
Held after
211.00
Exercisable
—
Put Option (obligation to buy)
Common Stock
508.50K shares
Shares
−5.08K
Strike price
110
Held after
12.36K
Exercisable
—
Put Option (obligation to buy)
Common Stock
13.80K shares
Shares
−138.00
Strike price
120
Held after
3.77K
Exercisable
—
Put Option (obligation to buy)
Common Stock
371.70K shares
Shares
−3.72K
Strike price
125
Held after
538.00
Exercisable
—
Put Option (obligation to buy)
Common Stock
102.40K shares
Shares
−1.02K
Strike price
130
Held after
43.00
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Put Option (obligation to buy) Indirect | Common Stock4.10K shares | 3/18/2026 | X · X | −41.00 | 120 | — | 3.90K |
| Put Option (obligation to buy) Indirect | Common Stock32.40K shares | 3/18/2026 | X · X | −324.00 | 125 | — | 4.25K |
| Call Option (right to buy) Indirect | Common Stock21.10K shares | 3/19/2026 | P · Purchase | +211.00 | 85 | — | 211.00 |
| Put Option (obligation to buy) Indirect | Common Stock21.10K shares | 3/19/2026 | S · Sale | −211.00 | 85 | — | 211.00 |
| Put Option (obligation to buy) Indirect | Common Stock508.50K shares | 3/19/2026 | X · X | −5.08K | 110 | — | 12.36K |
| Put Option (obligation to buy) Indirect | Common Stock13.80K shares | 3/19/2026 | X · X | −138.00 | 120 | — | 3.77K |
| Put Option (obligation to buy) Indirect | Common Stock371.70K shares | 3/19/2026 | X · X | −3.72K | 125 | — | 538.00 |
| Put Option (obligation to buy) Indirect | Common Stock102.40K shares | 3/19/2026 | X · X | −1.02K | 130 | — | 43.00 |