{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-23-001545","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.072395+00:00","generated_at":"2026-06-14T13:37:39.170884+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"Avis Budget shareholders elect all six director nominees, ratify auditor, approve say-on-pay","bullets":["All six director nominees elected with over 27M votes for each; Karthik Sarma received the most support (33.2M).","Deloitte & Touche ratified as independent auditor for FY2023 (35.9M for, 0.4M against).","Advisory vote on executive compensation approved with 31.3M for, 2.4M against.","Shareholders recommended annual frequency for say-on-pay votes (33.2M for one-year frequency).","Board will continue holding annual advisory vote on executive compensation."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-23-001545","json":"https://secwatch.observer/filing/0000950142-23-001545.json","markdown":"https://secwatch.observer/filing/0000950142-23-001545.md","text":"https://secwatch.observer/filing/0000950142-23-001545.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/eh230362754_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T13:37:39.170884+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"18c4ed0e19e8a7698fc1bf2cb23ed1252d98f8d1","claim":"AVIS BUDGET GROUP, INC. shareholders approved Ratification of Appointment of Independent Registered Accounting Firm at the 2023-05-24 meeting.","evidence_excerpt":"Ratification of Appointment of Independent Registered Accounting Firm: The appointment of Deloitte & Touche LLP to serve as the Company’s independent registered accounting firm for fiscal year 2023 was ratified as follows: Votes For Votes Against Abstentions 35,869,929 446,354 20,773","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-24"}],"fact_type":"shareholder_vote"},{"claim_id":"3749c49ca518baa60bbb09ab04a0d0d433e08c1b","claim":"AVIS BUDGET GROUP, INC. shareholders voted on Advisory Vote on the Frequency of the Advisory Vote on Executive Compensation at the 2023-05-24 meeting.","evidence_excerpt":"Advisory Vote on the Frequency of the Advisory Vote on Executive Compensation: A majority of the Company’s shareholders recommended, on a non-binding advisory basis, to hold an advisory vote on the compensation of the Company’s named executive officers on an annual basis, by the votes set forth in the table below: One-Year Frequency Vote Two-Year Frequency Vote Three-Year Frequency Vote Abstentions Broker Non-Votes 33,163,613 34,766 544,065 31,043 2,563,570","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Meeting","value":"2023-05-24"}],"fact_type":"shareholder_vote"},{"claim_id":"af0f6aa98b62926c8752bbf4d902f469540e9573","claim":"AVIS BUDGET GROUP, INC. shareholders approved Election of Directors at the 2023-05-24 meeting.","evidence_excerpt":"Election of Directors : The six nominees named in the Company’s 2023 proxy statement were elected to serve a one-year term expiring in 2024 and until their successors are duly elected and qualified or until their earlier resignation or removal, based upon the following votes: Director Nominee Votes For Votes Against Abstentions Broker Non-Votes Bernardo Hees 32,466,737 1,291,802 14,948 2,563,570 Jagdeep Pahwa 32,523,293 1,208,615 41,579 2,563,570 Anu Hariharan 27,808,505 5,924,095 40,887 2,563,570 Lynn Krominga 27,164,728 6,593,490 15,269 2,563,570 Glenn Lurie 26,857,658 6,900,248 15,581 2,563,570 Karthik Sarma 33,216,637 541,818 15,032 2,563,570","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-24"}],"fact_type":"shareholder_vote"},{"claim_id":"cedc8d05cf7195dd3b6feb80705307135cb1880f","claim":"AVIS BUDGET GROUP, INC. shareholders approved Advisory Approval of the Compensation of our Named Executive Officers at the 2023-05-24 meeting.","evidence_excerpt":"Advisory Approval of the Compensation of our Named Executive Officers : The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers, as described in the Company’s 2023 proxy statement, was approved by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 31,331,350 2,401,155 40,982 2,563,570","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014223001545/0000950142-23-001545-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-24"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}