Avis Budget Group (CAR)
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-09-04
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · CAR
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Executive Vice President and Chief Digital & Innovation Officer — Ravi Simhambhatla: The Executive Vice President and Chief Digital & Innovation Officer is resigning, representing a genuine departure of a senior officer, though the transition is described as smooth and the role is not the CEO or CFO.
Results of Operations and Financial Condition. On July 28, 2026, Avis Budget Group, Inc. (the “Company,” “we,” “our” or “us”) reported our second quarter 2026 results. Our second quarter 2026 results are discussed in detail in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Excha…
Entry into a Material Definitive Agreement. On June 29, 2026 (the “Closing Date”), Avis Budget Group, Inc. (the “Company”) and its subsidiaries, Avis Budget Holdings, LLC and Avis Budget Car Rental, LLC, as the Borrower (collectively, the “Avis Parties”), entered into the Eleventh Amendment (the “Eleventh Amendment”) to the Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (as amended, restated or otherwise…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Other Events. On June 19, 2026, Avis Budget Group, Inc. (the “Company”) entered into a Settlement and Release Agreement (the “Settlement Agreement”) with Pentwater Capital Management LP and certain affiliated persons (“Pentwater”) to settle its pending lawsuit against Pentwater for the recovery of short-swing profits under Section 16(b) of the Securities Exchange Act of 1934 (the “Section 16(b) Action”). Under the Settlement Agreement, the settlement amount is $650,000,000 in cash (the “Settl…
Entry into a Material Definitive Agreement. On June 9, 2026 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $650 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $182.50 million aggregate principal amount of Series 2026-3 4.82%, Class A notes, $23.75 million aggregate principal amount of Series 2026-3 5.21%, Class B notes, $16.25 million aggregate principal amount of Series 2026-3 5.50…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Other Events. On May 29, 2026, Avis Budget Car Rental, LLC (“ABCR”) and Avis Budget Finance, Inc. (together, the “Issuers”), each, a wholly-owned subsidiary of Avis Budget Group, Inc. (the “Company”), issued $300 million aggregate principal amount of 8.000% Senior Notes due 2031 (the “New Notes”). The New Notes were issued as additional notes pursuant to the Indenture, dated as of November 22, 2023 (the “Base Indenture”), as supplemented by the First Supplemental Indenture, dated as of May 29…
Vice President and Chief Accounting Officer — Tina Goldenberg: Tina Goldenberg was promoted to Vice President and Chief Accounting Officer, succeeding Cathleen DeGenova who is retiring.
Entry into a Material Definitive Agreement. Avis Budget Rental Car Funding (AESOP) Facilities On April 30, 2026 (the “Closing Date”), Avis Budget Group, Inc.’s (the “Company”, “we” or “our”) Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) completed an amendment and extension of its asset-backed variable-funding financing facilities, which provide a portion of the financing for our car rental fleet in the United States. This financing is comprised of the Series 2010-6 Notes fac…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Results of Operations and Financial Condition. On April 29, 2026, Avis Budget Group, Inc. (the “Company,” “we,” “our” or “us”) reported our first quarter 2026 results. Our first quarter 2026 results are discussed in detail in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchan…
Other Events. On March 27, 2026, Avis Budget Group, Inc. (the “Company”), entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) by and among the Company, on the one hand, and BofA Securities, Inc., BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc., SG Americas Securities, LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC (the “Sa…
Entry into a Material Definitive Agreement. On March 11, 2026 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $668.20 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $280.39 million aggregate principal amount of Series 2026-1 4.28%, Class A notes, $34.57 million aggregate principal amount of Series 2026-1 4.57%, Class B notes, $23.05 million aggregate principal amount of Series 2026-1…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Results of Operations and Financial Condition. On February 18, 2026, Avis Budget Group, Inc. (the “Company,” “we,” “our” or “us”) reported our fourth quarter and full year 2025 results. Our fourth quarter and full year 2025 results are discussed in detail in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act…
Entry into a Material Definitive Agreement. On December 30, 2025 (the “Closing Date”), our Interpace Funding LLC subsidiary (“Interpace Funding”) issued $965 million of alternative funding asset-backed securities with a targeted two-year term and a maturity date of June 20, 2028, comprised of approximately $844 million of floating rate Class A Notes, $44 million of 5.65% Class B Notes and $77 million of 7.35% Class C Notes. The notes were issued under the Series 2025-1 Supplement, dated as of…
by reference. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized. AVIS BUDGET GROUP, INC. By: /s/ Jean M. Sera Name: Jean M. Sera Title: Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary Date: January 5, 2026
Results of Operations and Financial Condition. On October 27, 2025, Avis Budget Group, Inc. (the “Company,” “we,” “our” or “us”) reported our third quarter 2025 results. Our third quarter 2025 results are discussed in detail in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exch…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information described above under
Entry into a Material Definitive Agreement. On September 16, 2025 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $793.2 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $199.0 million aggregate principal amount of Series 2025-3 4.17%, Class A notes, $29.75 million aggregate principal amount of Series 2025-3 4.46%, Class B notes, $21.25 million aggregate principal amount of Series 2025…
Entry into a Material Definitive Agreement. Second Amendment to Fourth Amended and Restated Cooperation Agreement On September 5, 2025, Avis Budget Group, Inc. (the “Company”) entered into a second amendment (the “Amendment”) to the Fourth Amended and Restated Cooperation Agreement, dated as of December 23, 2022 (the “Fourth A&R Cooperation Agreement”), among the Company, SRS Investment Management, LLC and certain of its affiliates (together, “SRS”). The Amendment revises the voting cap on vo…
Material Modification to Rights of Security Holders. As previously disclosed, on May 14, 2025, Avis Budget Group, Inc. (the “Company”) held its 2025 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, stockholders approved, among other things, certain amendments to the Company’s Amended and Restated Certificate of Incorporation (the “Charter”) to (i) revise the vote requirement for removal of directors, (ii) allocate the voting privileges over amendments solely affec…
Results of Operations and Financial Condition. On July 29, 2025, Avis Budget Group, Inc. (the “Company,” “we,” “our” or “us”) reported our second quarter 2025 results. Our second quarter 2025 results are discussed in detail in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Excha…
Entry into a Material Definitive Agreement. On July 16, 2025 (the “Closing Date”), Avis Budget Group, Inc. (the “Company”) and its subsidiaries, Avis Budget Holdings, LLC and Avis Budget Car Rental, LLC, as the Borrower (collectively, the “Avis Parties”), entered into the Tenth Amendment (the “Tenth Amendment”) to the Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and the other lenders party thereto (as amended, restated or otherwise modifi…
General market headlines, full earnings-call transcripts, and macro and sector developments flagged when they directly affect this stock are on the way. Today this tab covers SEC filings.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.