---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-001421"
form_type: "8-K"
ticker: "CAR"
cik: "0000723612"
company_name: "AVIS BUDGET GROUP, INC."
filed_at: "2025-05-19T23:59:59+00:00"
generated_at: "2026-05-21T02:26:00.062738+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Avis Budget shareholders reject 4 of 9 charter amendments; approve director slate, say-on-pay, officer exculpation

## Summary
- All six director nominees elected: Jagdeep Pahwa, Anu Hariharan, Bernardo Hees, Lynn Krominga, Glenn Lurie, Karthik Sarma.
- Ratification of Deloitte & Touche as auditor approved with 31.3M votes for (99.6% of votes cast).
- Advisory say-on-pay approved: 28.3M for vs 283k against; broker non-votes 2.8M.
- Charter amendments to remove supermajority vote for charter changes, revise by-law vote requirements, and revise business combination approval for interested shareholders all failed.
- Charter amendments to revise director removal vote requirement, allocate preferred stock voting, and provide officer exculpation were approved.

## SEC filing metadata
- accession: 0000950142-25-001421
- form_type: 8-K
- ticker: CAR
- cik: 0000723612
- company_name: AVIS BUDGET GROUP, INC.
- filed_at: 2025-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723612/000095014225001421/0000950142-25-001421-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723612/000095014225001421/eh250628674_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-001421
- JSON: https://secwatch.observer/filing/0000950142-25-001421.json
- Plain text: https://secwatch.observer/filing/0000950142-25-001421.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.