DeGenova Cathleen 4

What Happened

• Cathleen DeGenova, Chief Accounting Officer of Avis Budget Group (CAR), had 705 restricted stock units (RSUs) convert to common stock upon vesting on March 12, 2026. The RSUs converted one-for-one into 705 shares (derivative conversion; code M).
• To cover tax withholding, 327 of those shares were withheld/disposed at $99.56 per share, generating a withholding amount of approximately $32,556 (code F). The net result: 378 shares were delivered to DeGenova.

Key Details

• Transaction date: March 12, 2026; Filing date: March 16, 2026 (filed within required business-day window).
• Price for withheld shares: $99.56 per share; total tax withholding ≈ $32,556.
• Net shares received by insider after withholding: 378 shares.
• Relevant footnotes: F1 — RSUs convert to common stock 1:1 on vesting; F2 — withholding for taxes; F3 — award vests in three equal installments on Mar 12 of 2026, 2027 and 2028; F4 — expiration not applicable.
• Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = payment of tax liability via share withholding.
• Shares owned after the transaction (total holdings) are not included in the provided excerpt.

Context

• This was a routine vesting of RSUs with shares withheld to satisfy tax obligations (not an open-market sale or a new purchase). Such withholding transactions are common and typically reflect tax payment mechanics rather than a directional vote on the company.