A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 5 filings in this group are Form 4s for Avis Budget Group, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 5 insider filings shown, the breakdown is 3 open-market sale and 2 option exercise. 3 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-08-11
CAR insider Simhambhatla Ravi (EVP, CDIO - see remarks) sold 4,702 shares (~$652.6K)
Simhambhatla Ravi, listed as EVP, CDIO - see remarks at AVIS BUDGET GROUP, INC., reported an open-market sale of 4,702 CAR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,936 |
$138.27 |
$406.0K |
S |
Open-market sale
|
1,490 |
$139.53 |
$207.9K |
S |
Open-market sale
|
276 |
$140.27 |
$38.7K |
Filing: Form 4 (Insider Transaction)
Insider: Simhambhatla Ravi (EVP, CDIO - see remarks)
Shares: 4,702
Est. Value: $652.6K
Form 4
Option exercise
Tax / Compensation Filing
2026-07-28
CAR insider Form 4 filed for equity award, exercise, or tax withholding
Simhambhatla Ravi (EVP, CDIO - see remarks) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
17,791 |
— |
— |
F |
Tax withholding on vested shares
|
8,155 |
$159.48 |
$1.30M |
M |
Option exercise
derivative · Restricted Stock Units
|
16,878 |
— |
— |
M |
Option exercise
derivative · Dividend Equivalent Units
|
913 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Simhambhatla Ravi (EVP, CDIO - see remarks)
Shares: 25,946
Form 4
Option exercise
Tax / Compensation Filing
2026-07-27
CAR insider Form 4 filed for equity award, exercise, or tax withholding
Cunha Daniel Crestian (EVP and CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
969 |
— |
— |
F |
Tax withholding on vested shares
|
304 |
$159.04 |
$48.3K |
M |
Option exercise
derivative · Restricted Stock Units
|
969 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Cunha Daniel Crestian (EVP and CFO)
Shares: 1,273
Form 4
Open-market sale
Insider Selling
2026-04-30
CAR insider Simhambhatla Ravi (EVP, CDIO - see remarks) sold 3,469 shares (~$638.6K)
Simhambhatla Ravi, listed as EVP, CDIO - see remarks at AVIS BUDGET GROUP, INC., reported an open-market sale of 3,469 CAR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
3,469 |
$184.09 |
$638.6K |
Filing: Form 4 (Insider Transaction)
Insider: Simhambhatla Ravi (EVP, CDIO - see remarks)
Shares: 3,469
Est. Value: $638.6K
Form 4
Open-market sale
Insider Selling
2026-04-30
CAR insider Linnen Edward P (EVP, Chief HR Officer) sold 9,483 shares (~$1.73M)
Linnen Edward P, listed as EVP, Chief HR Officer at AVIS BUDGET GROUP, INC., reported an open-market sale of 9,483 CAR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
7,083 |
$182.05 |
$1.29M |
S |
Open-market sale
|
2,400 |
$183.10 |
$439.4K |
Filing: Form 4 (Insider Transaction)
Insider: Linnen Edward P (EVP, Chief HR Officer)
Shares: 9,483
Est. Value: $1.73M