Karthik R. Sarma, Director, 10% Owner at AVIS BUDGET GROUP, INC. (CAR), bought 104,900 shares at $35.43 ($3.7M) on 2020-11-18, disclosed to the SEC on 2020-11-20.
Open-market purchase of $3.7M 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 | $35.43 | 50,000 | $1.8M | 48.1% |
| 2 | $34.78 | 4,900 | $170K | 4.6% |
| 3 | $34.79 | 50,000 | $1.7M | 47.3% |
| Total | $35.09 avg | 104,900 | $3.7M | 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 → |