Director Lynn Krominga of Avis Budget Group, Inc. filed a Form 4 on November 9, 2026, disclosing the sale of a combined 28,404 shares of common stock on November 6, 2026, at weighted average prices of $120.14 and $121.25 per share.

Key Highlights

  • First sale transaction: Krominga disposed of 25,630 shares of common stock at a weighted average price of $120.14, with individual sale prices ranging from $120.00 to $120.99.
  • Second sale transaction: An additional 2,774 shares were sold at a weighted average price of $121.25, with individual sale prices ranging from $121.12 to $121.59.
  • Remaining holdings after first sale: 4,536 shares of common stock held directly, as reported in the filing.
  • Remaining holdings after second sale: 1,762 shares of common stock held directly following both transactions.
  • Ownership reclassification: The post-transaction share totals reflect a reclassification from indirect to direct ownership, following the distribution of restricted stock units previously held in the company's former deferred compensation plan for non-employee directors.
  • Role: Lynn Krominga is identified in the filing as a Director of Avis Budget Group, Inc. (NASDAQ:CAR).

Lynn Krominga's November 6 Share Sales and Ownership Reclassification at Avis Budget Group

According to the Form 4 filed with the SEC on November 9, 2026, Lynn Krominga, a director of Avis Budget Group, Inc. (NASDAQ:CAR), reported two open-market sale transactions of common stock, both executed on November 6, 2026. The first transaction involved the disposal of 25,630 shares at a weighted average price of $120.14 per share, with individual prices ranging from $120.00 to $120.99. The filing states that full information regarding the number of shares sold at each separate price will be provided upon request by the Staff, the Company, or a security holder.

The second transaction covered the sale of 2,774 shares at a weighted average price of $121.25 per share, with individual prices ranging from $121.12 to $121.59. The same offer to disclose per-price detail upon request applies to this transaction as well, according to the filing. Both transactions are coded "S," indicating open-market sales.

The filing also notes that the post-transaction beneficial ownership figures, 4,536 shares after the first sale and 1,762 shares after the second, represent direct ownership of common stock following the distribution of restricted stock units previously held in the company's former deferred compensation plan for non-employee directors. The filing states these units "were previously reported as indirect ownership." The Form 4 was signed by Jean M. Sera, by Power of Attorney for Lynn Krominga, on November 9, 2026.

What Was Disclosed

Director Lynn Krominga reported the sale of 28,404 total shares of Avis Budget Group common stock on November 6, 2026, at weighted average prices of $120.14 and $121.25, leaving a remaining direct ownership of 1,762 shares after both transactions.