Avis Budget Group Files 8-K on Shareholder Votes
Ticker: CAR · Form: 8-K · Filed: May 24, 2024 · CIK: 723612
| Field | Detail |
|---|---|
| Company | Avis Budget Group, INC. (CAR) |
| Form Type | 8-K |
| Filed Date | May 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, 8-k
Related Tickers: CAR
TL;DR
AVIS filed an 8-K on May 24th about shareholder votes from May 22nd. Standard corporate update.
AI Summary
Avis Budget Group, Inc. filed an 8-K on May 24, 2024, reporting on matters submitted to a vote of security holders on May 22, 2024. The filing details the company's corporate structure, including its incorporation in Delaware and its principal executive offices located in Parsippany, NJ.
Why It Matters
This filing provides transparency regarding corporate governance and shareholder decisions, which can influence investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure regarding shareholder votes and does not appear to contain significant new financial or operational risks.
Key Players & Entities
- AVIS BUDGET GROUP, INC. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- Parsippany, NJ (location) — Principal Executive Offices
- May 24, 2024 (date) — Date of Report
- May 22, 2024 (date) — Date of Earliest Event Reported
FAQ
What specific matters were submitted to a vote of Avis Budget Group's security holders on May 22, 2024?
The filing states that matters were submitted to a vote of security holders on May 22, 2024, but the specific details of these matters are not elaborated upon in the provided text.
When was Avis Budget Group, Inc. incorporated, and in which state?
Avis Budget Group, Inc. was incorporated in Delaware.
What is the address of Avis Budget Group's principal executive offices?
The principal executive offices of Avis Budget Group are located at 379 Interpace Parkway, Parsippany, NJ 07054.
What is the Commission File Number for Avis Budget Group, Inc.?
The Commission File Number for Avis Budget Group, Inc. is 001-10308.
What is the IRS Employer Identification Number for Avis Budget Group, Inc.?
The IRS Employer Identification Number for Avis Budget Group, Inc. is 06-0918165.
Filing Stats: 593 words · 2 min read · ~2 pages · Grade level 16.6 · Accepted 2024-05-24 16:15:55
Key Financial Figures
- $0.01 — ich registered Common Stock, Par Value $0.01 CAR The Nasdaq Global Select Market
Filing Documents
- ef20029577_8k.htm (8-K) — 45KB
- 0001140361-24-027443.txt ( ) — 177KB
- car-20240522.xsd (EX-101.SCH) — 4KB
- car-20240522_lab.xml (EX-101.LAB) — 21KB
- car-20240522_pre.xml (EX-101.PRE) — 16KB
- ef20029577_8k_htm.xml (XML) — 4KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 22, 2024, Avis Budget Group, Inc. (the "Company") held its 2024 Annual Meeting of Shareholders. The following matters were submitted to a vote of shareholders and the voting results were as follows: (1) Election of Directors : The six nominees named in the Company's 2024 proxy statement were elected to serve a one-year term expiring in 2025 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 27,423,287 952,371 112,775 2,694,797 Jagdeep Pahwa 27,395,508 980,681 112,244 2,694,797 Anu Hariharan 28,061,831 313,591 113,011 2,694,797 Lynn Krominga 27,696,326 679,556 112,551 2,694,797 Glenn Lurie 28,017,253 358,610 112,570 2,694,797 Karthik Sarma 28,028,295 348,184 111,954 2,694,797 (2) Ratification of Appointment of Independent Registered Accounting Firm: The appointment of Deloitte & Touche LLP to serve as the Company's independent registered public accounting firm for fiscal year 2024 was ratified as follows: Votes For Votes Against Abstentions 30,465,394 601,174 116,662 (3) 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 2024 proxy statement, was approved by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 28,073,883 292,654 121,896 2,694,797 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 hereto 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 Corpor