Form 4 Filing for AVIS BUDGET GROUP, INC. by Pentwater Capital Management LP

This filing details significant transactions by Pentwater Capital Management LP and Matthew Halbower, acting as ten-percent owners of AVIS BUDGET GROUP, INC. The transactions, occurring on April 21, 2026, involved the acquisition of Common Stock and the disposal of Call Options. Specifically, 676,100 shares of Common Stock were acquired at $85 per share, and an additional 65,000 shares were acquired at $80 per share. Concurrently, call options representing 655,000, 65,000, and 21,100 shares of underlying Common Stock were disposed of. These transactions resulted in post-transaction holdings of 7,759,100 and 7,824,100 shares respectively for the two non-derivative transactions. The filing is made by Pentwater Capital Management LP, with Matthew Halbower also identified as a reporting person due to his role in the management entity. All transactions are reported as indirect ownership.