Major Insider Divestment at Avis Budget Group: Pentwater Capital and Matthew Halbower Liquidate $223 Million in Equity
A recent SEC Form 4 filing has revealed substantial selling activity by major stakeholders of Avis Budget Group, Inc. (NASDAQ: CAR). Pentwater Capital Management LP and Matthew Halbower, who are identified as 10% owners of the company, executed large-scale disposals of common stock and derivative securities on April 23, 2026. These transactions rep…