Karthik R. Sarma, Director, 10% Owner at AVIS BUDGET GROUP, INC. (CAR), bought 235,516 shares at $39.20 ($9.2M) on 2020-12-04, disclosed to the SEC on 2020-12-08.
Open-market purchase of $9.2M CAR by Director, 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $39.20 | 60,448 | $2.4M | 25.9% |
| 2 | $39.20 | 60,448 | $2.4M | 25.9% |
| 3 | $38.53 | 57,310 | $2.2M | 24.1% |
| 4 | $38.53 | 57,310 | $2.2M | 24.1% |
| Total | $38.87 avg | 235,516 | $9.2M | 100% |
| Filing → |
| CAR | BUY | 2020-11-16 | $10.7M | — | Filing → |
| CAR | BUY | 2020-09-11 | $18.8M | — | Filing → |
| CAR | BUY | 2020-09-01 | $7.7M | — | Filing → |