DeGenova Cathleen 4

What Happened

• Cathleen DeGenova, Chief Accounting Officer of Avis Budget Group (CAR), had 273 restricted stock units (RSUs) convert to common stock on March 13, 2026 (reported on Form 4). The RSU conversion carried no exercise price ($0.00). To satisfy tax withholding, 127 shares were withheld/disposed at $100.71 per share for a total of $12,790. Net shares issued to her from this vesting were 146 (273 converted − 127 withheld).

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filed within the normal two-business-day window).
• Conversion entries: 273 RSUs converted to common stock (transaction code M) at $0.00.
• Tax withholding: 127 shares disposed to cover taxes (transaction code F) at $100.71 per share, total reported $12,790.
• Net new shares received: 146 shares (273 − 127).
• Shares owned after the transaction: not specified in the provided filing details.
• Relevant footnotes: F1 = RSUs convert 1:1 to common stock on vesting; F2 = withholding for taxes; F3 = vesting schedule is in three equal installments (Mar 13, 2025; 2026; 2027); F4 = expiration date not applicable.

Context

• This was a routine RSU vesting event, not an open-market buy or discretionary sale by the insider. The M code indicates conversion of a derivative (RSU) into shares; the F code reflects company withholding of shares to satisfy tax obligations (a common practice, not necessarily a market sell by the insider).