In C$_4$ plants, the initial fixation of carbon dioxide occurs in the mesophyll cells. The primary CO$_2$ acceptor is Phosphoenol Pyruvate (PEP).
The enzyme PEP carboxylase catalyzes the reaction between CO$_2$ and PEP to form oxaloacetic acid (OAA). This adaptation allows C$_4$ plants to efficiently fix carbon even under conditions of high light intensity and temperature, minimizing photorespiration.
By contrast, in C$_3$ plants, the primary acceptor of CO$_2$ is Ribulose-1,5-bisphosphate (RuBP), and the enzyme involved is Rubisco.
Hence, in C$_4$ plants, the correct primary CO$_2$ acceptor is Phospho enol pyruvic acid (PEP).