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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): May 20, 2026

 

Avis Budget Group, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-10308   06-0918165
(State or Other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

379 Interpace Parkway

Parsippany, NJ

  07054
(Address of Principal Executive Offices)   (Zip Code)

 

(973) 496-4700

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which
Registered
Common Stock, par value $0.01   CAR   The Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

  

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On May 20, 2026, Avis Budget Group, Inc. (the “Company”) held its 2026 Annual Meeting of Shareholders. The following matters were submitted to a vote of shareholders and the voting results were as follows:

Proposal No. 1. Election of Directors. The six nominees named in the Company’s 2026 proxy statement were elected as directors to serve a one-year term expiring in 2027 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

Jagdeep Pahwa   26,842,853   106,455   8,102   1,442,067
Anu Hariharan   26,905,610   42,907   8,893   1,442,067
Bernardo Hees   26,837,520   111,038   8,852   1,442,067
Lynn Krominga   26,629,099   319,233   9,078   1,442,067
Glenn Lurie   26,915,791   32,557   9,062   1,442,067
Karthik Sarma   26,842,520   105,831   9,059   1,442,067

 

Proposal No. 2. Ratification of Appointment of Auditors. The proposal to ratify the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for fiscal year 2026 was approved by the following votes:

 

Votes For   Votes Against   Abstentions
28,201,021   181,866   16,590

 

Proposal No. 3. Advisory Approval of the Compensation of the Company’s 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 2026 proxy statement, was approved by the following votes:

 

Votes For   Votes Against   Abstentions   Broker Non-Votes
26,617,695   323,061   16,654   1,442,067

 

Proposal No. 4. Shareholder Proposal Regarding Governance by Majority Voting and Meeting Adjournment. The shareholder proposal to approve, on an advisory basis, a request that the Company’s Board of Directors take each step necessary so that each voting requirement in the Company’s charter and bylaws that calls for a greater than simple majority vote be replaced by the applicable majority vote standard and to adjourn the applicable shareholder meeting, for up to 2 weeks, if the proposal fails to obtain the required 80% shareholder approval vote on the date of such meeting, was not approved, and received the following votes:

 

Votes For   Votes Against   Abstentions   Broker Non-Votes
2,792,010   24,142,655   22,745   1,442,067

 

 

 

 

   

 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  AVIS BUDGET GROUP, INC.  
       
       
  By: /s/ Jean M. Sera  
  Name: Jean M. Sera  
  Title: Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary  

 

Date: May 21, 2026