{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-25-001591","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2025-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.109953+00:00","generated_at":"2026-05-19T17:41:37.598677+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Avis Budget appoints Daniel Cunha as CFO; Izzy Martins departs June 30","bullets":["Daniel Cunha becomes CFO effective July 1, 2025; Izzy Martins leaves on June 30 to pursue another opportunity.","Martins will advise the Company through August 31, 2025, for orderly transition.","Cunha receives $650k base salary, target annual incentive of 125% of base, and $1M RSU grant in July 2025.","Cunha joins from Orion Services Group; previously CFO of Ocean Spray and Heinz North America."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-25-001591","json":"https://secwatch.observer/filing/0000950142-25-001591.json","markdown":"https://secwatch.observer/filing/0000950142-25-001591.md","text":"https://secwatch.observer/filing/0000950142-25-001591.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001591/0000950142-25-001591-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001591/eh250639373_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T17:41:37.598677+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":"6c6825d7ac","claim":"Daniel Cunha was appointed as Chief Financial Officer at AVIS BUDGET GROUP, INC..","evidence_excerpt":"Daniel Cunha will become Chief Financial Officer of the Company, effective July 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000095014225001591/0000950142-25-001591-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will become"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}